All Raise

This year has been monumental for All Raise, and our CEO Paige Hendrix Buckner is eager to share our collective progress! Here are some takeaways: 1️⃣ We’re trending in the right direction and outpacing the expected time to achieve our goals. The proportion of women decision-makers in VC firms has nearly doubled to 17.4%! (For firms with $50M AUM or greater) 2️⃣ Diversity leads to triumph! Research confirms that diverse teams yield better returns. As noted by Harvard Business Review, venture capital firms that increased their proportion of female partner hires by 10% saw, on average, a 1.5% spike in overall fund returns each year and had 9.7% more profitable exits. 3️⃣ Male allyship is essential. Our community survey reveals that 98% of respondents acknowledge the positive impact of male allies in hiring, funding, and mentorship endeavors. As a collective, we can rewire the industry from the inside. We've made substantial progress, but we still have much work ahead. We are deeply grateful to our team, volunteers, and Board members for their steadfast commitment. For full details, read our comprehensive 2023 Annual Report: https://lnkd.in/gbbZabdr #Investment #VentureCapital #GPs #LPs #EmergingManagers Kirsten Green Ita Ekpoudom Madeline Darcy Caitlin Herling Byron Deeter J.C. Lopez Anna Barber Elise King Erin Harkless Moore, CFA Candice Morgan Karen Toste

Move Money. Shift Power. Change Culture. 🚀 Though we've come far, the journey toward gender parity continues. We need to explore new and sometimes challenging areas to accelerate our progress. Our mission thrives with the support of partners like you. Join us in redefining the future of All Raise and venture capital. Dive into the All Raise 2023 Annual Report: https://lnkd.in/e-8a8Nkn #VentureCapital #Business #Entrepreneurship #EmergingManagers #Funders #WomenInVC

We would not be able to do what we do without our incredible volunteers and partners! 🙌🏽

Women and nonbinary VCs are making strides in the tech industry faster than we expected. However, there's more work to do! All Raise CEO Paige Hendrix Buckner discussed industry trends and the state of parity in VC with Caroline Hyde on Bloomberg Technology. Watch the full video here: https://lnkd.in/gc8ugzxs #VentureCapital #AllRaise #BloombergTechnology

We're witnessing transformative changes in venture capital! 📈 Since 2018, the presence of female decision-makers in US venture capital firms has nearly doubled. This is a huge step forward for diversity in tech. 2023 was a standout year, with female founders securing major deal values. Our CEO Paige Hendrix Buckner told Bloomberg, "Progress is evident, but achieving equity requires continued effort and commitment." As we acknowledge these achievements, let's also prepare for the road ahead. Thank you, Lizette Chapman for the spotlight. Read more: https://lnkd.in/ghcRPMFR #VCInnovation #VentureCapital #Tech #InclusiveGrowth

Get Ready! Our CEO, Paige Hendrix Buckner, will be on Bloomberg TV today at 8:40 a.m. PT to discuss industry trends and the state of parity in venture! https://lnkd.in/eRpyAfT

👏🏽 Join us in celebrating the promotion of Joanna Geraghty to CEO at JetBlue ! Prior to becoming CEO of the company in February 2024, she served as president and chief operating officer of the airline beginning in 2018. https://bit.ly/4f175es

We love to see it! Great work, Pharrell.

She may have retired from tennis, but Serena Williams is still serving up BIG wins. After establishing Serena Ventures, a venture capital firm specifically designed for women and minority founders, she estimates that 14 of the companies in her portfolio have reached “unicorn status,” meaning they’re a privately held startup company valued at more than $1 billion. She shared, “I learned that less than 2% of all VC money went to women, and when I first heard that, I actually thought it was a misquote. I also learned that even less went to people of color.” She saw an opportunity to intentionally elevate underrepresented business owners and took it. Yes, she's investing in companies, but also equality. Real dollars are going toward a more equitable economy and future! I love to see it 👏

Thousands of new venture capital funds have launched over the past few years. PitchBook is tracking over 10,000 funds currently trying to raise money, and 45% of them are emerging fund managers, defined as a firm with less than three funds. Those funds are duking it out for a mere 16% of the total capital that limited partner investors will spend on venture capital, according to PitchBook, down from about 23% for the decade that ended in 2019, before the pandemic-era VC frenzy years. Joanna Drake founded RAISE Global (whose goal is to help emerging managers meet LPs) over a decade ago and wanted “to take a risk on the emerging manager category, but didn’t necessarily have the resources or the energy or time” to do the diligence on their own. “The good news is we’ve been gathering data from both the LPs and the emerging managers for a decade now to show that there is a really exciting new set of managers coming through with a really different profile — geographically and diversity-wise — and LPs are really excited and continue to give back,” Drake said. Raise’s research among 660 emerging managers confirmed that 2023 was not the best year to raise new funds. Data showed that only 20% of emerging managers were raising $100 million, or more, funds. In 2022, that was 29%, and in 2021 it was 26%. About 27% of managers were targeting the $50 million to $99 million range, down from 29% in 2022 and 36% in 2021. Most of the action is taking place between zero and $49 million, where roughly 50% of emerging managers are raising, Drake said. “That’s important because while there’s a handful of emerging managers that are able to raise larger than $100 million funds, it’s really a small percentage of the market,” Drake said. “So, they actually do not have the capital to take the companies to a later stage. They have to work with the larger firms and put together the syndicates. It’s actually one of the most important roles that they play.” #communitybuilding #womeninventure