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 [...]
With $19.1 million in committed capital, it is one of the largest funds investing only in female entrepreneurs. If you are a WSJ member, view the full story here.
True Wealth Ventures, led by seasoned entrepreneurs and investors Sara Brand and Kerry Rupp, today announced the close of the firm’s first fund, with $19.1 million in committed capital. The firm will use dollars raised to invest in women-led, sustainable consumer and consumer health technology companies in the next several years in the Texas area [...]
Newly formed venture fund TrueWealth Ventures is emblematic of a push to increase diversity in the VC world, a subject on the agenda for the GCVI Summit. Author: Tim Lafferty, Managing Director, Global Corporate Venturing A Texas-based micro venture capital fund called TrueWealth Ventures has been launched to take advantage of what the founders believe is [...]
By Mike Cronin – Staff Writer, Austin Business Journal Reams of data in recent years demonstrate businesses perform better and returns on investment are higher when women are among a company’s executive team and in decision-making positions at venture capital firms. Still, that hasn’t helped women startup founders obtain additional VC funding or increased the number of women [...]
Out of the top 100 ranked venture capital firms in the world in 2016, 7 percent of the partners were women. Turn the microscope to Austin firms, and that number doesn’t look much better. Just as the tech industry as a whole has work to do on (gender) diversity, so do those funding the innovation. But that’s [...]
Sara Brand and Kerry Rupp, general partners of True Wealth Ventures The general partners of True Wealth Ventures want to see more female led companies get venture capital investment. And they want to see more female venture capitalists making investments in the industry. The $20 million True Wealth Ventures fund invests in women led [...]
Sara Brand and Kerry Rupp started their VC firm in 2016 with a focus on companies led by women in the sustainable consumer goods and consumer health categories. They have made at least two investments — the latest in a Houston company making software that measures brain health. See the full article here.
Women Funding Women: An Interview with True Wealth Ventures This article originally appeared in foundingAUSTIN. Having recently received a $250,000 federal grant and made its first investment in a female-founded Austin business, True Wealth Ventures is one venture capital fund that’s ready to lift the under-funded sector of women-led companies in Austin and across the [...]
This article originally appeared in Crain's Austin The Mistake: Allowing a certain dynamic to exist while working in corporate America. I was always in very male-dominated environments being in mechanical engineering, and having worked toward a bachelor’s, master’s and PhD. Then I spent 20 years working in the semiconductor industry, especially in technical and operational [...]
