Female Founder Fund

Update & Invite to Demo Day

founder @ Female Founder Fund

Published on Apr 14, 2019

Hello Female Founder Fund investors!

I'd like to give an update on the status of the fund.

Demo Day: April 24th

If you live in San Francisco, we'd love if you can come to our XX Demo Day on April 24th at 6pm. We are very proud of the founders. Some already have YC interviews.

The entire Wefunder team will be there, and we'd love to have you come! Please RSVP here. It's held at the Speakeasy - an awesome 1920's style club funded on Wefunder. It'll be more fun than most demo days: potential investments + good company.

Investments Made

We've invested in 8 companies with female founders to date. Two of them were accepted into YC after our investment.

Kopa (YC W19) helps renters find monthly housing and compatible housemates. Through PadPiper, renters browse furnished listings owned by verified hosts, find housemates who are interested in the same spaces, and split and pay their deposits and monthly rent. The team is increasing their revenue 37% week over week, focused on capturing the Bay Area intern market, and developing employer partnerships to help them expand across the country and into new verticals.

Withfriends (YC W19) runs membership programs for organizers.

Quirktastic
is a friendship app for geeks, gamers and nerds. We connect people both to each other, as well as the fandom events they love. We also act as a vehicle for events to sell more tickets, by allowing event organizers to sell their tickets through the app for event discovery among our users. The app currently has 2,000 active users since it's public beta update in March 2019 and $105,000 secured in partnerships for revenue.

Atlas Mental Health democratizes access to mental health care by providing self-guided therapy through a mobile app. By cultivating habits of positive self-dialogue, Atlas guides users towards greater self-esteem and self-awareness. Atlas currently works with Bay Area high schools, academics and medical professionals from Stanford and UCSF

Ensembl is making innovative housewares that save space and eliminate clutter. Ensembl's first product is STACK: a six-piece collection of nesting cookware, made with patent-pending removable handles and flat lying lids. The team is in the midst of manufacturing STACK and plans to launch with direct to consumer sales mid 2019.

Indigo Bank is on a mission to empower teens to live financially happy and healthy lives. Our mobile banking app gives teens the freedom to earn their own money, save and spend responsibly.

Wonder Hoodie makes the world’s first bulletproof hoodie, the only product to seamlessly and discreetly protect your body AND head from bullet and knife threats. And here’s the kicker: we sell it at a fraction of the cost of our competitors. Our mission is to make body armor more accessible to all people, and become the #1 body armor brand in the world by 2022.

Cactus was working on Slack for friends. They already failed. They returned about 75% of the original $10,000 investment, so the fund suffered a ~$2500 loss.

Like to invest in any of these companies directly? 

Some of these companies will be at the XX Demo Day.

Some of these companies may be available to invest in on Wefunder for accredited investors. Others I can intro you to the founders to talk directly. Please comment below if you think you'd be interested in investing.

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