June 27, 2022 – TechCrunch: Austin-based True Wealth Ventures raises second fund to back women-led startups
TWV changing the gender dynamics in the VC industry + closes an oversubscribed $35M Fund II.
TWV changing the gender dynamics in the VC industry + closes an oversubscribed $35M Fund II.
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 [...]
This article originally appeared here. Kerry Rupp and Sara Brand, the passionate leading ladies and power duo behind venture-capital firm True Wealth Ventures, discuss why investing in women is a smart business move and why supporting female innovation is their career calling. By Sarah E. Ashlock , Photos by Annie Ray, Hair and makeup [...]
This article originally appeared on Dallas Morning News. THE CONNECTORS: Conversations with visionaries, investors and entrepreneurs from North Texas who are making a mark in the business world After years of working in Austin and the San Francisco Bay Area, Sara Brand had a stunning realization: She had never met a woman in venture capital. [...]