Female Invest Closes Gbp3.3M Funding Round
09/11/21, 12:00 AM
Money raised
£3.3 million
Round Type
seed
Female Invest, an EdTech platform and community which empowers women by increasing their understanding of personal finance and investing, has closed a GBP3.3 million funding round from a syndicate of prominent investors including Y Combinator and Dr Fiona Pathiraja.
Company Info
Additional Info
All three co-founders were named in the Forbes 30 Under 30 list for 2020, and in the same year, the company was the winner of the world’s largest start up competition, Cartier Women’s Initiative, and the prize of 100,000 USD. At a time when 70 per cent of stocks are owned by male investors (one in five British women admitting to having never held stocks), and female workers retiring with around GBP70,000 less in their pensions than men (Nest survey - Oct 2020), Female Invest aims to close the gender investment gap by providing a space in which women can acquire the skills necessary to control their own capital and obtain financial independence. The platform currently has 27 video courses, 18 master classes, a written knowledge bank, weekly webinars with expert speakers and a community page where members can connect with each other. Female Invest, an EdTech platform and community which empowers women by increasing their understanding of personal finance and investing, has closed a GBP3.3 million funding round from a syndicate of prominent investors including Y Combinator and Dr Fiona Pathiraja. Female Invest was founded in 2019 by Emma Due Bitz (26), Camilla Falkenberg (28), and Anna-Sophie Hartvigsen (27), and inspired by their own experiences of attending personal finance educational events at which women were largely absent, and their subsequent discovery of the unaddressed gender disparity in investments and savings. While this is not done with the intention to exclude women, it effectively does just that.” Female Invest is a subscription based learning platform.