Next Wave Impact
WHO WE ARE
We are working to increase diversity, inclusion, and impact in early-stage investing and our entrepreneurial ecosystem through our innovative learning-by-doing progressive fund model. Our current global fund has 99 women investors, 25 of them women of color, which is led by an experienced investment committee of ten women. We have built a portfolio of 15 companies, diversified across industry and geography, over a three-year investment period and are now focused on follow-on investments. 100% of our portfolio companies are led by women and people of color. We made 6-8 investments in each of the first two years as well as some selected follow-on investments. We are excited about this model, building on two pilots in the United States and Europe (the Rising Tide Pilots) with nearly 200 women, which made 18 investments from the two funds. Together, we are creating the next wave of educated and trained angel investors focused on both social impact and financial returns and are investing in underrepresented entrepreneurs.