Press Release from Chloe Capital
The Chloe Capital National Tour arrives in New Orleans, LA on February 06, 2020. Chloe Capital has teamed up with ECMC Foundation to invest up to $250,000 during Invest In Women: Future of Work & Education. This is the second experience in a trilogy of programs with ECMC Foundation geared towards advancing solutions in postsecondary education: college success. career readiness, and workforce transformation, with the first held in Los Angeles, C.A. and the finale taking place in Charlotte, N.C. this spring.
With less than three percent of female founders receiving venture capital funding, Chloe Capital’s signature programs were designed as fundraising opportunities for women entrepreneurs. In the course of 24 hours, women participate in founder / investor activities focused on building relationship capital. Each program ends with a Shark Tank-style pitch event for women entrepreneurs. Join us in New Orleans on February 6, 2020 to find out which women-led company will receive investments from Chloe Capital and ECMC Foundation.
“After a great experience in Los Angeles, we’re excited to continue investing in women-led companies alongside Chloe Capital in New Orleans,” said Jessica Haselton, Director of Education Innovation Ventures, ECMC Foundation. “This next wave of female founders are leading innovative ventures in education and workforce,” she added.
Here are the female founders selected from over 2000 applicants to join our Movement:
- Jennifer Kushell, Founder / CEO, EYP Ventures, Marina Del Rey, California ExploringYourPotential.com
1 billion young people are entering the global workforce. Are your students ready to compete? EYP Ventures is redefining workforce readiness with Exploring Your Potential – a multimedia platform for career planning. EYP is currently used by colleges and universities including the University of Texas and the State University of New York (SUNY).
- Ariel Lopez, Co-founder / CEO, Knac, New York, New York Knac.io
Companies spend over $14B each year on recruiting software, yet over 50 percent of executives say finding the right talent is their biggest concern. Knac is a hiring platform that improves the candidate experience. Companies including Nike, Google, eBay and Snapchat use Knac to help screen, manage and provide feedback to applicants.
- Leah Lykins, Co-Founder, WhereWeGo, New Orleans, Louisiana, WhereWeGo.org
6 out of 10 job openings require training beyond high school. Built by educators and tested by students, WhereWeGo is a content management system for training programs. Career seekers compare costs, outcomes, and future salaries of education opportunities by region. Partnerships include Tulane University and the City of New Orleans.
- Beth Porter, Co-founder / CEO, Riff Analytics, Newton Center, Massachusetts, Rifflearning.com
Companies spend billions on training and coaching to help managers develop social skills. Riff Analytics is an AI platform that uses audio and text data to track behaviors like bias and dominance. Users build self-awareness by receiving real-time feedback. The government of Canada is using Riff to expand their innovation footprint and spur culture change.
- Janna Westbrook, Founder / CEO, Provider Pool, St. Louis, Missouri. ProviderPool.co
Hospitals need nurses, and competition for talent is intense. Powered by technology, younger nursing professionals have new needs and behaviors. Made by nurses for nurses, Provider Pool is an online labor marketplace that connects hospitals to nurses for on-demand staffing needs. It’s the future of work in healthcare, used by over 400 nurses.
In addition to partaking in a live pitch event, guests will gain inspiration from world-class speakers including: Jennifer Indovina, CEO, Tenrehte Technologies; Sumi Krishnan, Founder / President, K4 Solutions; Kate Brodock, CEO, Women 2.0; and Carrie Norton, Founder / CEO, Green Business BASE CAMP. A panel of experienced investors will provide valuable feedback on the investment potential of each company.
“The panelists invited to participate in our programs represent active investors who now have the opportunity to invest alongside Chloe Capital and ECMC Foundation,” said Kathryn Cartini, Partner, Chloe Capital. “We believe collaborative investing at the seed stage is the way forward.” Investor panelists include: Jean Hammond, General Partner, LearnLaunch Accelerator; Peter Liu, Vice President, Pritzker Group Venture Capital; Kim Seals, General Partner, The JumpFund; and Jason Palmer, General Partner, New Markets Venture Partners.
Months prior to each event, Chloe Capital performs thorough due diligence on each company. Industry experts collaborate on business, technology, finance, and IP analysis, to support investment decisions. To help catalyze long-lasting success, Chloe Capital will also drive business for these founders after each program by tapping into its national network of 10,000 founders, investors, and community leaders. Supporting companies already paying it forward with free and discounted professional services include HubSpot, Google for Startups, TriNet, and Cooley LLP.
“There’s magic to this Movement,” said Elisa Miller-Out, Managing Partner, Chloe Capital. “Community is at the foundation of our signature programs. All are welcome to experience the Movement by attending our shows, which are free and open to the public. Investors are also encouraged to participate. We’re raising millions for these founders, and together, having a major impact!”
Miss the chance to apply to pitch in New Orleans? No problem. Female founders can apply for funding anytime at ChloeCapital.com/funding. The Chloe Capital National Tour hits Charlotte, NC on May 19, 2020. Founders do not need to be based in Charlotte, NC to pitch or receive funding. The application deadline for this opportunity ends on February 12, 2020.
Media and community members are invited to attend all shows. RSVP here:
About ECMC Foundation
ECMC Foundation is a Los Angeles-based, nationally focused foundation whose mission is to inspire and facilitate improvements that affect educational outcomes—especially among underserved populations—through evidence-based innovation. It is one of several affiliates under the ECMC Group enterprise based in Minneapolis. ECMC Foundation makes investments in two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments, to invest in both nonprofit and for-profit ventures. Working with grantees, partners and peers, ECMC Foundation’s vision is for all learners to unlock their fullest potential. ECMCFoundation.org
About Chloe Capital
Chloe Capital is more than a VC firm – we’re a Movement. Despite recent progress, less than 3% of women-led companies receive venture capital in the U.S. Yet studies show that companies with women leaders generate more sales, exist faster and produce greater returns for investors. In partnership with foundations, universities and corporate innovators, Chloe Capital has set out on a National Tour to #InvestInWomen. ChloeCapital.com