NEWS: Crunchbase News – These Three Funds Are Challenging VC Gender Dynamics

True Wealth Ventures I think it is going to take funds like True Wealth Ventures that have a proactive gender diversity investment strategy to overcome the unconscious bias Texas-based True Wealth Ventures invests in companies in high growth markets that primarily serve women. The firm is interested in investing in companies based in Texas with businesses and [...]

March 8th, 2018|

NEWS: True Wealth Ventures Featured in The Impact Journal

The Impact Journal International Women's Day Issue We're proud to present a special issue of The Impact Journal in celebration of International Women's Day. Highlights from this issue: Brief overview of the obstacles women face in the startup and venture capital sectors, and why there is still reason for hope Interview with Liz Powers, founder of ArtLifting [...]

March 8th, 2018|

NEWS: True Wealth Ventures Closes Women-Focused Fund

The Austin-based investment firm raised $19.1 million, which it will use to back women-led health tech ventures and sustainable consumer brands. The founders cite high performance of women-run startups, lack of VC funding for women entrepreneurs and women’s overwhelming influence in consumer purchasing and healthcare decision making as reasons for launching the fund. (We know of at least 58 funds and 13 [...]

March 2nd, 2018|

NEWS: VCs Close on $19.1M Fund for Women-led Companies

An Austin-based venture capital firm co-founded by two women executives has closed on its first big fundraising round from investors. Sara Brand and Kerry Rupp closed their $19.1 million first fund just over two years after Brand founded Austin-based True Wealth Ventures in September 2015. True Wealth Ventures is a mission-driven VC firm. Brand and Rupp target women-led companies in health [...]

February 16th, 2018|

NEWS: True Wealth Closes New Fund with 80% Female LPs

True Wealth Ventures has closed its debut fund with $19.1 million in committed capital to invest in female-founded sustainable consumer and healthtech startups in Texas and the rest of the US. The firm has backed companies including smartwatch maker UnaliWear and BrainCheck, which provides a cognitive testing platform for managing mental health. Over 80% of True Wealth's limited partners [...]

February 16th, 2018|

NEWS: Woman-led True Wealth Ventures has $19.1 Million to Invest in Woman-led Texas Startups

Women-led Texas venture firm True Wealth Ventures announced today that it has raised $19.1 million to invest in women-led startups — with more than 80 percent of those funds coming from women. The Austin-based venture firm wants to help close the venture capital gender gap by investing in promising startups across the state, including in Dallas. Its general partners, Sara Brand and Kerry [...]

February 16th, 2018|

NEWS: True Wealth Ventures in Austin Raises $19.1 MLN for Women-Led Businesses

Austin, Texas-based True Wealth Ventures announced it has raised $19.1 million for its inaugural fund. The firm makes early-stage investments in women-led, sustainable consumer and consumer health tech companies in Texas and nationwide. In addition to its gender impact investment strategy, the firm said that more than 80 percent of its limited partners are women. The firm’s [...]

February 16th, 2018|

NEWS: True Wealth Ventures Closes $19.1M Fund to Invest in Women-Led Companies

Venture capitalists face a daunting challenge when raising money for their first fund. “Less than 10 percent of first-time funds reach the finish line,” wrote Mahendra Ramsinghani in his 2014 book, “The Business of Venture Capital," where he noted that only 7 percent of funds raised are by debut funds. That Sara Brand and Kerry Rupp closed their $19.1 million first [...]

February 16th, 2018|

NEWS: Mapping Investment in Female-Founded Companies Across 10 Key US Metros

"When women want change, we get it." That's what Shelly Bell, founder and CEO of Washington, DC-based Black Girl Ventures, told PitchBook when we asked her if she thinks the tech industry is poised for a massive cultural shift. Over the course of several months, PitchBook set out to better contextualize our dataset on VC [...]

February 16th, 2018|