W Fund

By mmuise
Description:

The W Fund is structured to make the biggest impact possible on as many levels as possible, including:
1. directly investing in outstanding companies with strong potential for venture returns and led by innovative and obsessed leaders from underrepresented background;
2. normalizing portfolio company diversity and inclusion of employees, workplace, board, advisors and investors;
3. establishing VC-in-Residence, carry-holding investment positions to open a path to VC for exceptional people who would otherwise not have that access;
4. diversifying their Limited Partners, providing them with investing, operating and leadership skills-building programming, and equipping them to be inclusive in activities outside our fund.


Comments on Funding:

Funding will take the form of venture capital.

Deadline: -
Eligibility:

Applicants must:

  • be founders who are creating technology products for the masses;
  • own primarily seed stage companies, and occasionally pre-Seed and series A;
  • be either:
    a) women (70% of the investments will be in women-led startups);
    b) or come from a traditionally underestimated group, such as race, ethnicity, LGBTQ+ socioeconomic background, nationality, age, or location;
  • propose solutions focused specifically on increasing diversity, equity and inclusion;
  • propose solutions focused on serving traditionally underserved customer groups.

    W Fund will invest primarily in FinTech, EdTech, Health and well-being, AI and Big Data (with some caveats!), Sustainability and Environmental Tech, AgTech, LegalTech.
Application Steps:

Applicants must contact W fund by submitting the online form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

W Fund plans to make 2-3 investments each quarter.

Program Contact: https://wrule.vc/
About the author
mmuise