Female Founder Fund | Investing in high-potential female founders in STEM | Wefunder

Software

We're running the for 6 formidable female founders in STEM (Science, Tech, Engineering and Math). xx accelerator

We imagine the program to be like Y Combinator over a decade ago: very early-stage, small, intimate, and with a ruthless focus on building product and talking to users. We hope the women accepted to xx will 'graduate' to YC next

We believe there are thousands of potentially strong female founders that - with just a few nudges and the right person to inspire them - can be set on a path to create amazing startups. We will do everything we can to help them discover that path over three months

We will also concentrate on finding female founders outside of Silicon Valley, who can benefit the most from being immersed in the culture here

We believe the best way to fund more women-led startups is to inspire more strong women that this is a option, by helping them at the very start

We will invest $20,000 in each startup accepted into the xx program

We are aiming for less than a 5% acceptance rate. Our partners and mentors will sort through hundreds of applications, and personally interview the most promising. The partners will personally invest $1000 for each founder accepted

We invest in founders who are:

Building STEM (Science, Tech, Engineering and Math) companies

Good humans who want to build something good for the world

Crazy about their product and are willing to solve really hard problems

Getting things done, no matter the obstacles

Constantly talking to users, building, iterating, repeating this process over and over

Willing to help other founders and lift them higher

Most importantly, Resilient. Founders who don't give up

Our partners are female CEOs who deeply care about having more female CEOs in the world

They’re a group of founders, investors and community builders with experience at companies like eBay, Sephora, Google, Amazon and PayPal

The team completes a deal memo while conducting due diligence. You can choose to invest more directly

Many portfolio companies are required by law to do an Annual Report by April 30th, which includes financials. Here's a .sample

By May 30th of each year, Wefunder recalculates realized and unrealized IRR for each fund you invest in

Piloting in 60+ California school districts and reaching approximately 10,000 students

Raised $415,000 so far

Our first paying customer, a mid-sized school district, renewed their Impact Science Education contract for an additional two years after using it for a partial year

Wefunder's fully-owned subsidiary, Wefunder Advisors LLC, manages the fund on your behalf. Wefunder Advisors is an exempt reporting investment advisor. Wefunder Advisor hires a team of domain experts to assist

You can view Wefunder Advisor's . We have historically outperformed the median venture capital firm. We've invested in multiple startups at the seed stage, that are now valued at over several hundred million to a billion dollars, such as Checkr, Zenefits, Gingko Bioworks, Rappi, Equipment Share, and ShipBob. In total, we've invested in 10% of Y Combinator's track record Top 100 companies

We believe founders make the best early-stage investment decisions. At this stage, there is little data, and intuition from a lifetime of experience is the guide

Experienced founders often see the best upcoming founders first, well before venture capitalists do, and are typically on the cutting edge of what is new

Our funds follow-on when those founders make personal investments. Further, most often these foudners are making a personal time commitment to help these startups succeed. We believe matching the wisdom of a group of experienced and well-connected founders will lead to better returns

If the Fund has greater than 250 investors, it is regulated as a full-fledged mutual fund, which would dramatically increase costs and make the fund impractical as an investment vehicle

We place priority on investors who invest high amounts early, but make exceptions for those who can help the portfolio that the Fund invests in

Equity investments in startups have a very long term horizon. It typically takes 3-10 years for a successful company to have a liquidity event, when it either gets acquired or has an IPO

Some Funds may invest in main street businesses with annual dividends or revenue share repayments. If this is the case, it will be noted in the investment target description

This is a 10 year venture capital fund. Investments in startups have a very long term horizon. It typically takes 3-10 years for a successful company to have a liquidity event, when it either gets acquired or has an IPO

The Fund charges 20% carried interest and a 2% management fee. This is the standard fee for venture capital and private equity funds

After you invest in the fund, there will be no further capital calls

Yes, for 5 days

No. This is not a mutual fund. All capital will be invested in private companies in long-term, illiquid investments

8-10 investments

No. You can't opt out of any individual investment that the fund makes

In many cases, yes. We expect most startups will want to raise more money than the fund provides. When this happens, we will give inside access to limited partners

Fund investors sign: , , and . The agreements were drafted by Cooley and Wilson Sonsini.Operating Agreement Subscription Agreement Disclosure Statement

When investments are made, you'll be notified of the selection via e-mail

Once a year by May 30th, we will update the estimated unrealized IRR of your portfolio

We have pro-rata rights in almost all portfolio companies. This means that when a seed investment receives additional investment from a venture capitalist, we have the right to invest more to maintain our percentage ownership on the same terms. Since startup investments obey the power law, it's very important to double down on the winners to turbo-charge returns

When a pro-rata opportunity exists, we will spin up a special-purpose-fund and give limited partners in the fund the opportunity to invest. We give first priority to those limited partners who invest $50,000 or more

Here's a concrete example: in 2014, we invested $100,000 in Checkr's seed round. In 2015, Checkr raised $9M from Accel in a Series A. We gave an opportunity to limited partners to invest on those terms. Recently, Checkr raised $100,000 million Series C at a substantially higher valuation. To date, Checkr has a 34X cash on cash unrealized return

We're not allowed to offer tax advice. You'll receive a single K-1 from each Fund each year. Your accountant can offer more specific advice

Yes, if legal in your country. You should check with your lawyer and accountant

Yes. We can accept investments in a Fund only from those who are an accredited investor. Unfortuantely, it is still illegal for unaccredited investors to invest in venture capital funds

Yes

Yes. You can check out our for more information on risks, returns, different securities, and how startup financing works. FAQ

Past performance is not indicative of future returns. Examples of previous Wefunder investments are for illustrative purposes only. Full list available upon request. There is no guarantee that any fund will achieve the same exposure to, or quality of, startups held by any existing fund. Any investment involves a high degree of risk and is suitable only for sophisticated and qualified accredited investors. We do not provide investment advice to investors and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off Wefunder. Information on this page is qualified in its entirety by the Fund’s Operating Agreement, Disclosures, and Subscription Agreement, which should be reviewed carefully prior to making an investment decision. Please see these documents for full details regarding risks, minimum investment, fees and expenses. The fund's legal name is also different than the name used above. Disclosures

Your application has been received. Thanks!

Partners must care about our mission to level out the playing field for female founders in STEM

Why do you want to join? How can you help?

Short Bio:

You are backing Female Founder Fund!

You are backing companies when the club invests or more. $0 You are paying % Carried Interest.20

You'll be notified via e-mail when the Club funds a startup. To complete an investment, you must Opt-In within 5 days

You are automatically investing in Female Founder Fund!

You are backing companies when the club invests or more. $0 You are paying % Carried Interest.20

You'll be notified via e-mail when the Club funds a startup. To cancel an investment, you must Opt-Out within 3 days

Invest alongside a crowd of domain experts, on the same terms, when the club invests or more. $0 Pay Carried Interest20%

How much do you want to invest per deal?

Can opt out of any deal or unback the club anytime

Since this is your first time backing a club, we'd like to make sure you are fully informed:

Here's our . For more info, let us contact you.Slide Deck

Wefunder means Wefunder Inc and its wholly owned subsidiaries: Wefunder Advisors LLC and Wefunder Portal LLC. This page is hosted by Wefunder Advisors

Wefunder Portal LLC is a member of the . Wefunder is risky. Don’t invest more than you can afford to lose. Financial Industry Regulatory Authority (FINRA) Investing on

wefunder.com is a website owned by Wefunder Inc., the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Inc. operates sections of wefunder.com where certain Regulation D and Regulation A+ offerings are available. Wefunder Inc. is not regulated in any capacity, is not registered as either a broker-dealer or funding portal, and is not a member of FINRA or any other self-regulatory organization

Wefunder Advisors is an exempt reporting adviser that makes filings with the SEC and certain states. Wefunder Advisors advises special purpose vehicles (SPVs) used in certain Regulation D offerings that are available on wefunder.com

Wefunder Portal is a funding portal (CRD #283503) that is registered with the SEC and is a member of FINRA. Wefunder Portal operates sections of wefunder.com where certain Regulation Crowdfunding offerings are available

By using wefunder.com, you accept our & . If investing, you accept our . You may also view our .Terms Privacy Policy Investor Agreement Privacy Notice

All investments involve risks, including possible loss of capital

Already have a Wefunder account? Login Don't have a Wefunder account? Signup Sign up with Facebook We won’t share your data with Facebook without your explicit permission. Privacy: — or — Sign Up Login Forgot password? Forgot password? Tell us the email you used to sign up, and we'll get you on your way. No account with that email address exists. Reset Nevermind. I remember my password!

Don't have a Wefunder account? Signup Sign up with Facebook We won’t share your data with Facebook without your explicit permission. Privacy: — or — Sign Up Login Forgot password? Forgot password? Tell us the email you used to sign up, and we'll get you on your way. No account with that email address exists. Reset Nevermind. I remember my password!

Sign up with Facebook We won’t share your data with Facebook without your explicit permission. Privacy: — or — Sign Up Login Forgot password? Forgot password? Tell us the email you used to sign up, and we'll get you on your way. No account with that email address exists. Reset Nevermind. I remember my password!

Tell us the email you used to sign up, and we'll get you on your way