Since Draper founded the firm in 2015, Halogen has invested in over 60 female founded companies including The Skimm, Glamsquad, Hopskipdrive, ThisisL and Eloquii.ĭeloitte estimates just 14% of investment partners at U.S. We look forward to teaching the next generations to look at investing through a diverse lens." With over 40% of our female founded portfolio companies led by BIPOC founders, we know this to be true. "As we look at the Venture Capital landscape in 2020 and beyond, we are excited about the opportunity to prove out that diversity breeds success that is diversity of age, gender, ethnicity, sexual orientation, race, and life experiences. "We have already proven that investing in women is not an impact play, it's smart business," said Jesse Draper, founding partner of Halogen VC. The program includes introductory coursework on all aspects of venture capital, including guest lectures from top employees at Silicon Valley Bank and Amazon Web Services. Ten fellows have been selected from across the country for the virtual fellowships, from schools that include UCLA, Harvard and Notre Dame. To participate in future fellowships, applicants are encouraged to apply at Ventures, the Los Angeles early-stage firm that focuses on female-led consumer tech startups, announced it is launching a fellowship to focus on gender dynamics and address the lack of equity and diversity in the overwhelmingly white, male world of venture capital. Each fellow is responsible for identifying a key consumer trend and related investment opportunities, as well as producing an independent research study on behalf of a Halogen portfolio company. Fellows remotely shadow Halogen team members to get day-in-the-life experience in venture. The Halogen Fellowship in Venture Capital aims to give more young people that entry level experience to kick off exceptional careers in venture capital and the world of technology startups.
#Halogen ventures crack
Of US-based VCs, Deloitte estimates 14% of investment partners are women and just 3% of investment partners are black (compared to 80% white).Īs an apprentice-based business, venture has traditionally been a tough industry to crack into. The venture capital ecosystem lacks diversity today. “We are thrilled to work alongside Halogen to support the next generation and create a new pipeline for a more equitable and diverse industry.” “ This is a fantastic opportunity to get real mentorship and exposure to early stage venture and help change the face of this industry,” said Sarah Peluso, Vice President of Consumer Tech Banking from Silicon Valley Bank. The program includes introductory coursework on all aspects of venture capital including guest lectures from key figures at Silicon Valley Bank and Amazon Web Services. Ten fellows have been selected from across the country for the virtual fellowships, from UCLA, to Harvard, to Notre Dame. The program aims to train exceptional undergraduate students in venture capital and to create more opportunities for young people from all backgrounds to become investors. Like the fund, the Halogen Fellowship in Venture Capital has a focus on gender dynamics. We look forward to teaching the next generations to look at investing through a diverse lens.” “As we look at the Venture Capital landscape in 2020 and beyond, we are excited about the opportunity to prove out that diversity breeds success that is diversity of age, gender, ethnicity, sexual orientation, race, and life experiences. “ We have already proven that investing in women is not an impact play, it’s smart business,” said Jesse Draper, Founding Partner of Halogen VC. With the Halogen Fellowship in Venture Capital, Draper and her team are expanding their mandate to support the next generation of not just entrepreneurs, but investors as well. (acquired by P&G), and Eloquii (acquired by Walmart). Since then, Halogen has invested in over 60+ female founded companies including The Skimm (with GV), Glamsquad (with SoftBank), Hopskipdrive (with Greycroft), ThisisL.
Along with Silicon Valley Bank and Amazon Web Services, the Halogen Fellowship will focus on gender dynamics and address the lack of equity, diversity and funding in Venture Capital.ĭraper launched Halogen VC in 2015 after recognizing startups with women founders were a highly undervalued investment opportunity. Halogen Ventures, Jesse Draper’s venture capital fund focused on early stage consumer technology startups with a female in the founding team, is doubling down on their commitment to improve diversity in technology with the launch of The Halogen Fellowship in Venture Capital.