StandUp Ventures Welcomes New Leadership and Expands Investments
StandUp Ventures Welcomes New Leadership and Expands Investments
Key Takeaways (TLDR)
Backing women-founded and women-led companies provides an untapped competitive advantage for StandUp Ventures.
StandUp Ventures invests in pre-seed and seed stage technology companies to achieve better rates of return with a gender lens.
StandUp Ventures' focus on diverse leadership aims to build more diverse teams and make the world a better place.
StandUp Ventures' new addition to their leadership team, VC-veteran Meredith Powell, brings deep passion for builders and a drive to dig deep.
Why it Matters
This news matters as it highlights the success of a venture capital fund dedicated to investing in women-founded and women-led technology companies. The addition of new leadership and the expansion of investments across Canada and the US signify a growing opportunity for diverse entrepreneurs and the potential for increased innovation and success in the tech industry.
Summary
StandUp Ventures is a venture capital fund founded by Michelle McBane in 2017, focusing on investing in women-founded and women-led technology companies across Canada and the US. The company has recently welcomed VC-veteran Meredith Powell to their leadership team, and promoted Kathleen Eva to Senior Associate. With feet on the ground in Canada's tech hubs, the team has also closed three unannounced deals and expanded their opportunity geography to include the fund's first ever US-based seed stage investment.
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