Bumble Fund is Changing Venture Capital
When Whitney Wolfe Herd founded Bumble in 2014, it was with one central motivation: to help advance gender equality by allowing women to make the first move. When we launched Bumble Fund four years later, our mission was unchanged. We’re aiming to build a bigger table in the world of venture capital, investing early-stage and focusing primarily on businesses founded and led by women of color and those from underrepresented groups. We’re committed to ending bias in venture capital and beyond, and invite women entrepreneurs to download Bumble Bizz and stay tuned for the opportunity to pitch.What is Bumble Bizz?
Why It Really Matters
Year after year, we see the flow of venture capital to all-women teams stagnate around the 2% mark. The problem isn't a lack of founders to fund. When women do have access to capital, they succeed, outperforming their male counterparts. And women of color are leading the way in entrepreneurship: while the number of women-owned businesses grew 58% between 2007 and 2018, the number owned by black women grew by 164% — nearly three times the average.
A Big Goal Requires Serious Help
While we can’t fund every business, we believe everyone’s idea deserves support to grow, evolve, and thrive. Bumble Fund has invested in, and partnered with, Alice — an AI-powered platform for founders — to provide entrepreneurs with community, access to experts, how-to guides, and more. Check out their carefully-curated resources here.
What We’re Looking For
- Companies with founders who are underrepresented in the venture capital ecosystem
- Early stage companies (Seed or Series A)
- Companies solving a problem that disproportionately affects women
- Average check size of $25-50k with flexibility depending on the needs of the business
Our Portfolio So Far
Photo credit: Sharon Suh
The world's most in-demand, influential, and diverse beauty experience, uniting a global community of thought leaders, creators, fans and brands.
A venture fund empowering female founders to invest.
Anu Duggal & Sutian Dong
An early-stage fund investing in the exponential power of exceptional female talent.
A HIPAA-secure platform that makes it easy for hospitals, health systems, and their patients to coordinate comprehensive prenatal and postpartum healthcare from anywhere.
A swimwear company founded and led by Anasofia Gomez, one of the winners of our inaugural Bumble Bizz Pitch Competition.
Carolyn Rodz & Elizabeth Gore
An AI powered platform for founders.
A fitness company founded to improve global health and activity rates by democratizing access to live workouts with professional trainers through its app.
A technology company that creates cost-effective, equitable, and humane alternatives to incarceration: Their mission is to get people out of jail and provide ongoing support to help them stay out.
The world's most advanced Diversity & Inclusion training system for corporations, schools and non-profits.