Less than 5% of venture capital goes to women-led tech companies;
It’s time to stop talking about the gender gap, and start advancing solutions to correct it.
April 29, 2019
(RELEASE) Upstate New York – Chloe Capital is proud to support a movement that helps women entrepreneurs receive opportunities equal to our male counterparts.
On Wednesday, May 1, 2019, five women-led innovation companies will present their companies for their chance at a $100,000 investment. Finalists will also meet members of Chloe Capital’s national network of co-investors and supporters.
AlpStories, Cora Home, Heat Inverse, My Wellbeing and United Aircraft Technologies (company descriptions below) were selected from a national pool of over 1500 applicants.
This pitch event is part of the first ever Binghamton Women Investors Forum. The presentations will take place on Wednesday, May 1 from 5-8 p.m. at Koffman Southern Tier Incubator, 125 Hawley Street, Binghamton, NY. The public is invited to attend. Tickets are on sale now.southerntierincubator.com/summit
According to a new article released by Fortune this year, funding for female founders has stalled at 2.2% of venture capital dollars. “That’s 2.2% of the $130 billion total in venture capital money invested over the year—the exact same percentage that Fortune reported for 2017.”
“Ever since I started my career as a serial tech entrepreneur, I’ve seen firsthand how female founders are getting overlooked, and underestimated,” said Elisa Miller-Out, Founding Partner at Chloe Capital. “We’re coming to Binghamton to invest in women with funding, connections and mentorship.”
“Chloe Capital has over 10,000 supporters in our national network. All of them have raised their hand in support of our mission. This makes Chloe Capital more than a venture capital firm – we’re a Movement,” added Kathryn Cartini, Partner at Chloe Capital.
Congratulations to the companies selected to participate in the Binghamton Women Investors Forum on Wednesday, May 1, 2019.
AlpStories (Atlanta, GA)
Co-founder & CEO, Astrid Androsch
1st made-to-order beauty brand. AlpStories’ patented BeautyWizard uses advanced robotics to create skincare products based on customer needs.
Cora (Chicago, IL)
Founder & CEO, Sara Taylor-Demos
AI-driven B2B marketplace for designers and trade vendors. Cora aggregates trade product search and digitizes trade account signups, making sourcing, discoverability and doing business — pain free.
Heat Inverse (Ithaca, NY)
Founder & CEO, Romy M. Fain, PhD
Heat Inverse creates 100% passive cooling thin-films. This novel technology gets cold without energy input, and generates zero waste heat. Manufacturers benefit from increased production and cost efficiency.
My Wellbeing (New York, NY)
Founder & CEO, Alyssa Petersel
My Wellbeing matches therapy-seekers with compatible talk therapists and wellness coaches. Receive matches within hours, and use the platform to schedule appointments.
United Aircraft Technologies, Inc (Troy, NY)
Founder & CEO, Evaguel Rhysing
United Aircraft Technologies (UAT) has created a new class of fastener for aircraft electrical wiring. The fasteners increase fuel efficiency, decrease hazards and reduce injuries caused by repetitive strain.
Co-investing judges from New York Ventures, Pique Ventures, Launch NY and more will provide valued feedback during the Pitch. Chloe Capital will make the final investment decision, which will be announced live at the event!
The Pitch will be the final event in a day of entrepreneurial-led activities during the 2nd Annual Southern Tier Startup Summit. Everyone from students and entrepreneurs to leaders in venture capital will take part. The summit will be held at the Koffman Southern Tier Incubator from 9-5 p.m.
Chloe Capital is a seed-stage VC firm advancing solutions to the gender gap in entrepreneurship. Despite recent progress, less than 5% of all venture capital in the U.S. goes to women-led companies. Chloe Capital invests in women entrepreneurs with money and education – and we’re making our next five investments on the Chloe Capital National Tour. Congratulations to It’s By U, Nineteenth Amendment and Geospiza and Journey Foods for receiving investments on the Tour. Next investment will be announced in Binghamton, NY on May 1, 2019 during the Southern Tier Startup Summit.
Contact : Kathryn Cartini, Partner : firstname.lastname@example.org
he Koffman Southern Tier Incubator is 35,000 sq ft of offices, high tech labs and co-
working space that encourages collaboration and innovation. KSTI was thoughtfully designed to inspire the creation and development of transformational products and ideas. The Koffman is a hub for innovation and technology, with a clean energy focus supported by NYSERDA. Its objective is to provide a range of resources and opportunities that foster and support entrepreneurship in the Southern Tier.
Contact : Laura Holmes, Executive Director : email@example.com