The gender gap in startup financing isn't new. Women entrepreneurs receiving a steadily small percentage of angel and venture capital dollars was first reported by Babson's Diana Project in 1999. The numbers remain stagnant. Despite this, female founders remain determined to find creative ways to develop diverse funding portfolios, allowing them to launch, build, and scale their startups without traditional angel and venture capital dollars.
Maxeme Tuchman, founder of the “Kindle meets FaceTime” interactive technology startup Caribu, was no stranger to building a diverse funding portfolio. While she, too, swept many major pitch competitions to fund the beginning stages of the company, Tuchman also set her sights on competitive accelerators that provided funding as a part of its offerings. In 2018, The WIN Lab alumna was accepted into the highly selective AT&T Aspire program,where she joined seven other startups and was given a $100,000 investment to continue funding her business. Tuchman has used her creative funding methods to keep the company afloat until her recent raise of $1.3M. She is now the 59th Latina to raise over $1M in funding and recently launched an equity crowdfunding campaign.
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