Dear Colleagues and Friends,
With the surge of headlines making waves in this country, we at the Women’s Venture Capital Fund and WomensVCFund ll want to share with you some important progress of our own.
- At year end, Nvoicepay, the leader in enterprise payments, and Viewpoint Construction Software announced a significant partnership to lead payment automation in the construction industry and deliver immediate and measurable customer value (link).
- In January, WomensVCFund ll invested in HopSkipDrive, a leading ride-sharing provider to help parents and caregivers safely and reliably transport their children to school and other activities. Other HSD investors include FirstMark Capital, Upfront Ventures and STI, a publicly traded school transport company.
- In March, Proxio merged with TourFactory to form Collabra Technology, an enterprise SaaS company providing a global marketing and sales platform for top real estate builders and brokerages including Lennar International and Coldwell Banker Global Luxury (link).
- We’re very pleased to introduce our distinguished Advisory Board for WomensVCFund ll including Enrique Godreau, Ilene Lang, Dr. Jan Hammond, Dr. Anita Sands, Michelle Lantow and Kristi Hanson.
Finally, we’d like to applaud Founders for Change for pressuring the venture capital industry to diversify its ranks (link). Women’s Venture Capital Fund was formed five years ago to help change the paradigm in venture capital. While there’s been an inflection point in the number of venture worthy female founders and unequivocal evidence of the value of diversity and inclusion, it will require the deliberate effort of investors and entrepreneurs alike to open up capital access to the growing number of diverse founders.
We’ve always believed that leadership diversity is a major competitive advantage and we remain 100% committed to funding companies with inclusive leadership teams. Thank you for doing the same.