🀰🏽Mom-led startup action, exit trends, pivots, raises, top accelerators, funding, and more

Lolita Taub
May 14, 2023

​​​This is a bi-weekly newsletter of curated actionable insights and resources for close to 20K underestimated founders, funders, and friends.


​Babba R (Ceremonia), Deena S (Lux Capital), Lisa C (Credibly Neutral), Suzanne S (Private Packs)

​Happy Mother’s Day! Did you know that moms in the United States control a mind-blowing 85% of household purchases and have a spending power of $2.4 trillion? Moms also make great founders but are often overlooked. Let’s change that by recognizing mom founders (like the small sample listed below), buying their products and services, and backing them.

  • ​Jessica Alba's brainchild, The Honest Company, raised over $500 million across multiple funding rounds, achieved unicorn status (a company with a billion-plus dollar valuation), and went public

  • ​Melanie Perkins co-founded Canva, raised over $500 million, and got her company to unicorn status

  • ​Toyin Ajayi co-founded Cityblock Health, raised over $800 million, and got her company to unicorn status

  • ​Whitney Wolf founded Bumble, raised over $300 million, got her company to unicorn status, and took it public

​It's time to realize the sheer potential of mom-led startups. These incredible examples show that they can secure big investments, reach high valuations, and achieve successful exits. So, let's rally behind the mom founder community, support their journeys, and be a part of the exciting future they're creating!

β€‹β€‹β€‹β€‹β€‹β€‹β€‹β€‹β€‹β€‹β€‹βœ¨ Lolita Taub,Β GP at Ganas Ventures | twitterΒ |Β lumaΒ 
Recently inΒ Forbes,Β Nasdaq,Β Techcrunch, Thrive Global


​​​​​​​​​​Congrats

​Deena Shakir and team for raising $1.15B for the 8th fund at Lux Capital. Babba Rivera for raising $10M for Ceremonia's (port co) Series A. Lisa Cuesta and Viktor Bunin for raising $5.5M for Credibly Neutral Fund I. Suzanne Sinatra for getting Private Packs onto Target's shelves. Adeyemi Ajao, Mary Meeker, Ann Miura-Ko, Kirsten Green, and Lauren Kolodny for making Forbes's 2023 Midas List. Yehong Zhu of Zette (port co) for making Fast Company's World Changing Ideas 2023 List. Paige Buckner for being named CEO at AllRaise.


​​​​​​​​​Sponsored |Β Underestimated founders, funders & friends: welcome to the Ganas Ventures Expert Series show, where we aim to help you on your startup-investor journey to success! RSVP and join talks with industry experts whose backgrounds include Gitlab, Republic, Didi, Nubank, Spin by Oxxo, VISA, and more!​​​​​​​​


​​Funders

​​Moonlight | Explore programs and tools that can help you on your VC journey

​​Crunchbase | Learn about Latin America's Q1'23 VC deal volume

​Technopoly | Get the inside scoop on why Latin American startups fail

​​​​​​​​​​Startup-Investor Matching ToolΒ | VCs: meet thesis-aligned underrepresented founders


​​Sponsored | Founders looking for effective habits to help you find success: read this Thrive Global article to find inspiration.


​​​​​​​​​​Founders

​​​Asking for a founder | Find out when to pivot, fundraise, or shut down your company

​​​​​​Asking for a founder | Learn how to keep up progress in your startup, while needing funding

​​​​​​​​​​​​Asking for a founder | Get a list of the best accelerators for founders in Latin America

​​​​​​​​​​LaaSΒ | Underrepresented founders: get resources made for you


​​​​​​​​​​​​​​​​​Sponsored | ​​​​​​​​Did you hear?! You can collab with Ganas Ventures as a scout via the Ganas Deal Partner program. Perks include: building an investor track record, getting compensated & repping our community! Learn more and apply.


​​​​​​​​​​Money

​Builders Backers | Founders: apply for $5K by 5/22

​​PepsiCo | Latinx founders: apply for a $20K grant by 5/15

​Techstars | San Diego founders: apply for $120K by 6/14

​​Fearless Fund | Black women founders: apply for a $20K grant by 8/31

​​CCWC | BIPOC women: apply for a $5K grant by 8/1

​​​Ganas Ventures | Community-driven founders: apply for $100K

​​​​​​Workers Lab​ | BIPOC women: apply for $200K

​​​​​​Amber | Women founders: apply for <$10K grants

​​​​​​​​​Z Fellow | Technical tinkerers: apply for a $10K grant

​​​​TechRise | Chicago founders: apply to win $50K

​​​​​​​Olgas | Michigan women founders: apply for $10K grants

​​​​​​​MEDA | SF women founders: apply for <$5K grants

​​​​​​​​​​​SoGal FoundationΒ | Black women founders: apply for $5-$10K in grants

​​​​​​​​​​​1863 VenturesΒ | Black founders: apply to get a 3Rs $5K grants

​​​​​​​​​​​Non-dilutive capitalΒ | Create a profile to find non-dilutive capital

​​​​​​​​​​​Equity CrowdfundingΒ | Raise up to $5 million

​​​​​​​​​​​Startup-Investor Matching ToolΒ | Founders: get intros to investors


​​​​​​​​​​Want more? Follow meΒ @lolitataub,Β and let me knowΒ how I can help. Want to support our newsletter and get featured? Become aΒ sponsor.