Tech Crunch - September 18, 2017
Ellevest, a nearly three-year-old, New York-based digital investment platform built for women and led by former Wall Street titan Sallie Krawcheck, has raised $34.6 million in fresh funding. The round — which was led by Rethink Impact, and includes participation from PSP Growth, Salesforce Ventures, CreditEase Fintech Investment Fund, LH Holdings, SK Impact Fund, Morningstar, Khosla Ventures, Mellody Hobson, Ulu Ventures, Contour Venture Partners and Astia Angels — brings the company’s total funding to $44.6 million….
We know the challenges. A bifurcated society where a college degree feels like a pre-requisite for the dream and yet attaining one no longer guarantees a path to success. A business climate where women start 50 percent of all new business and only receive 3 percent of the funding. A world growing increasingly hotter and uncertain.
We also know that solutions exist. We strive to rethink our role as investors, as partners, as citizens. Solutions exists. We invest in great ones, in novel ones, in the ones that rethink the status quo. We help them scale to address the problems of our time. One link that can change a system, a few solutions that can drive many.
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