Angel Investment Network (AIN), the platform connecting angel investors with startups, has launched a new platform connecting female founders and investors.
The new ‘Female Founders’ platform was set up to address the under-representation of women in the industry both as investors and founders.
The investor community on 14-year-old AIN in the UK consists of around 17,000 angel investors, but fewer than 10% of these are women. The new platform will showcase women-led businesses and help them find investment and mentoring from female investors.
AIN said it is the first step in a wider mission to develop female representation within the industry through community events and meetups as well as a digital network.
The selection of women-led businesses on the platform for launch include:
- Tumelo, a sustainable investment platform that helps you invest in the stock market with portfolios that align with your values;
- Ebisu, a digital healthcare service with advanced telecommunication video technology and Bluetooth diagnostic equipment to give same-day access to GPs, Advanced Practitioners and Counsellors for public use; and
- 28 Well Hung, a fast-casual “Climate Beneficial” dining concept, serving 100% pasture-fed, 28 day dry-aged British heritage meat, grazed to sequester carbon and regenerate soil. Described as the ‘Go-to casual dining experience for conscious consumers’.
According to Olivia Sibony, head of impact investment at Angel Investment Network, said: “We believe that promoting female entrepreneurship is central to economic growth and meaningful innovation, yet women are woefully unrepresented both as investors and business founders.
Launch of competition to get a not-for-profit app built for free
“This really impacts onto the whole business eco-system, with women more likely to support other women and impact-conscious businesses that can bring about positive and lasting solutions to the world’s most serious problems.”
She continued: “Supporting both the brilliant women-led businesses already on the platform and investors who choose to follow it is the first step in our journey to bring together a community interested in growing female representation in the industry.
“The ultimate mission is to give women a louder and larger support network, to transform business, answer consumer needs and solve problems facing humanity.”