π€°π½Mom-led startup action, exit trends, pivots, raises, top accelerators, funding, and more
βββThis is a bi-weekly newsletter of curated actionable insights and resources for close to 20K underestimated founders, funders, and friends.
βBabba R (Ceremonia), Deena S (Lux Capital), Lisa C (Credibly Neutral), Suzanne S (Private Packs)
βHappy Motherβs 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. Letβs change that by recognizing mom founders (like the small sample listed below), buying their products and services, and backing them.
βJessica 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
βMelanie Perkins co-founded Canva, raised over $500 million, and got her company to unicorn status
βToyin Ajayi co-founded Cityblock Health, raised over $800 million, and got her company to unicorn status
βWhitney Wolf founded Bumble, raised over $300 million, got her company to unicorn status, and took it public
βIt'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!
ββββββββββββ¨ Lolita Taub,Β GP at Ganas Ventures | twitterΒ |Β lumaΒ
Recently inΒ Forbes,Β Nasdaq,Β Techcrunch, Thrive Global
ββββββββββCongrats
βDeena 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.
βββββββββSponsored |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!ββββββββ
ββFunders
ββMoonlight | Explore programs and tools that can help you on your VC journey
ββCrunchbase | Learn about Latin America's Q1'23 VC deal volume
βTechnopoly | Get the inside scoop on why Latin American startups fail
ββββββββββStartup-Investor Matching ToolΒ | VCs: meet thesis-aligned underrepresented founders
ββSponsored | Founders looking for effective habits to help you find success: read this Thrive Global article to find inspiration.
ββββββββββFounders
βββAsking for a founder | Find out when to pivot, fundraise, or shut down your company
ββββββAsking for a founder | Learn how to keep up progress in your startup, while needing funding
ββββββββββββAsking for a founder | Get a list of the best accelerators for founders in Latin America
ββββββββββLaaSΒ | Underrepresented founders: get resources made for you
βββββββββββββββββSponsored |Β ββββββββDid 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.
ββββββββββMoney
βBuilders Backers | Founders: apply for $5K by 5/22
ββPepsiCo | Latinx founders: apply for a $20K grant by 5/15
βTechstars | San Diego founders: apply for $120K by 6/14
ββFearless Fund | Black women founders: apply for a $20K grant by 8/31
ββCCWC | BIPOC women: apply for a $5K grant by 8/1
βββGanas Ventures | Community-driven founders: apply for $100K
ββββββWorkers Labβ | BIPOC women: apply for $200K
ββββββAmber | Women founders: apply for <$10K grants
βββββββββZ Fellow | Technical tinkerers: apply for a $10K grant
ββββTechRise | Chicago founders: apply to win $50K
βββββββOlgas | Michigan women founders: apply for $10K grants
βββββββMEDA | SF women founders: apply for <$5K grants
βββββββββββSoGal FoundationΒ | Black women founders: apply for $5-$10K in grants
βββββββββββ1863 VenturesΒ | Black founders: apply to get a 3Rs $5K grants
βββββββββββNon-dilutive capitalΒ | Create a profile to find non-dilutive capital
βββββββββββEquity CrowdfundingΒ | Raise up to $5 million
βββββββββββStartup-Investor Matching ToolΒ | Founders: get intros to investors
ββββββββββWant more? Follow meΒ @lolitataub,Β and let me knowΒ how I can help. Want to support our newsletter and get featured? Become aΒ sponsor.