About Us

In 2014, we created Female Founders Fund with one simple belief: women will build the companies of tomorrow. Since then, we’ve become the leading source of institutional capital for female founders raising seed capital with over $3B in enterprise value.

So why do we focus on female founders?

THE PROBLEM

We recognized the opportunity.

In 2014, $2.2B or 2% of venture capital dollars went towards female-founded companies. Five years later in 2019, 2.7% of venture capital dollars went towards companies with female entrepreneurs. That’s $3.54B out of $110B invested globally. Yet women start businesses at a rate 1.5x higher than the national average and dominate the workforce holding 56% of professional jobs.

THE OPPORTUNITY

We’re doing something about it.

Female Founders Fund launched in 2014 to address this problem with an opportunity – an investment vehicle focused on investing the next generation of female talent. Over the last seven years, we’ve invested in category-defining female-founded companies like Eloquii, Zola, Maven Clinic, Tala, and so many more. As female investors & operators, we are tracking cultural shifts and identifying opportunities with greater relevance, and with empathy for the founders’ unique journey and perspective. We believe our founders’ success will impact and shape the future of the technology landscape creating a more equitable and diverse future. We’re not just investing in top performers — we’re investing in talented leaders building tomorrow’s companies. That’s an ROI we can all get behind.

The Team

Anu Duggal —
Founding Partner

Anu is the Founding Partner of Female Founders Fund.

In 2018, Anu was included in Fortune’s “40 Under 40” list, and she has been praised for her impact in diversifying venture capital with additional distinctions including Business Insider’s “Ultimate List of Female Startup Investors,” and “Top 4 Venture Firms Investing in Women”.

Anu began her tech career as a co-founder of Exclusively.in, a private sale e-commerce company backed by Accel & Tiger which was acquired by Myntra.

She is a Board Observer for ELOQUII, Maven Clinic, and Landit, and a Board Member for WinkyLux and The Rubin Museum of Art. She holds an MBA from London Business School and a BA from Vassar College.

Adrianna Samaniego —
Investor

Adrianna spent eight years in tech, most recently as co-founder in Alphabet's Startup Incubator.

Adrianna formerly created and led Google's Global Supplier Diversity Program, creating over $1B in opportunities for women and minority owned businesses.

Prior to Female Founders Fund, she worked as a Summer Investment Associate at JetBlue Ventures, Harlem Capital, and New Media Ventures.

She holds an MBA from Columbia Business School and a BA from University of Georgia.

Emily Powers —
Investor

Emily spent the past three years at TPG where she helped launch The Rise Fund, the largest social impact fund to date.

At TPG, Emily worked on business development and capital formation efforts.

Prior to TPG she worked as a Summer Analyst at J.P. Morgan.

She holds a BA from Harvard University.

Emily St. Denis —
Head of Platform

Emily joined Female Founders Fund in 2018. As Head of Platform, Emily runs brand, content, social, community efforts, operations, talent, and portfolio support.

Emily began her career as one of SoulCycle's first corporate hires, where she built out the company’s first standard operating procedures, set up their national procurement system and logistics program, and led strategic operational initiatives through periods of high growth. After 4+ years at SoulCycle, Emily worked as the Director of Operations for an international fitness franchise before transitioning to VC.

Emily holds a BA from Skidmore College, where she studied Psychology and American History.

Caroline McKechnie —
Operations Associate

Caroline is excited to be joining Female Founders Fund as an Operations Associate following over four years living in the UK, where she graduated from the University of St. Andrews with top honors.

There, she studied International Relations and Management while serving as two-year captain for the university soccer team.

During this time, Caroline also assisted in managing leading comedians as a PR Intern at the Edinburgh Fringe Festival.

Following her graduation, she worked in London as a Marketing Associate at software start-up FrontM and as a Campaign Operations Executive at CNBC International.