Venture fundraising has been slowing down since the middle of last year. Larger firms are toptechtrends.com/2023/06/21/insight-cutting-fundraising-target-panic/”>cutting their targets, and emerging managers are toptechtrends.com/2023/04/14/emerging-managers-investment-optimism/”>struggling to secure funds. But it isn’t all negative by any means. While some firms are struggling, others are seeing success — and a lot of the latter are funds run by women.
Well, it seems that way at least. We can’t know for sure if women-led firms are actually doing better in 2023 than in past years — there isn’t fundraising data on exclusively women-led funds — but there have been multiple fundraising rounds worth paying attention to.
Back in January, Monique Woodward closed a $17 million debut fund at Cake Ventures. Adverb Ventures, run by Slack product veteran April Underwood and Twitter alum Jess Verrilli, closed on $75 million in July. toptechtrends.com/2023/07/24/supply-change-capital-vc-fund-foodtech/”>Supply Change Capital, run by Noramay Candena and Shayna Harris, raised $40 million last month, too. And that doesn’t cover all of it.