So dating app Bumble just got a new investor, sports and fashion icon serena🎾williams is betting big on the startup as thier new Bumble Fund investor. Launched in 2018 Bumble-funds was founded by women of color and underrepresented groups. The fund’s commitments range between $5,000 and $250,000, with an average check size of $25,000.
For those who knows the star pretty well, you should know that this is not the first time she is investing in such startups. She has been known to be a major investor in women and minority-owned businesses through Serena Ventures since 2014. She also serves on the boards of the tech companies Poshmark and SurveyMonkey( now speak of a woman making a difference😇👭).
Her journey with Bumble began in January, culminating with a starring role in the company’s most recent Super Bowl commercial earlier this year, and will be leading the Bumble Fund pitch competition next month, along with Bumble founder and CEO Whitney Wolfe Herd.
That competition launches today on Bumble Bizz and is open to U.S.-based entrepreneurs who identify as women, with a priority given to founders from diverse backgrounds, experiences and perspectives. Companies have until March 27, 2019 to submit so if you are an entrepreneur,a woman and you live in the US then i don’t really know what you’re waiting for.
In a statement by Wolfe Herd she said “When we launched our #InHerCourt campaign with Serena Williams this past January, we were amazed by the overwhelming response we received from women globally who felt empowered by our message, In teaming up with Serena for the Bumble Fund, we want women everywhere to know that we are here, we are listening and we believe in you.”
It should be noted that serena has invested in over 30 such companies, she has invested in firms like the business advisory service, Alice; the workout and training app, Gixo; diversity and inclusion training toolkit provider, Translator; and the probation and parole support service, Promise.(This are people who do things but don’t speak of it. but i think they deserve some recognition).
In a statement she also said “I am passionate about building on this progress and opening doors for women of all backgrounds, especially women of color, to share their message and trust in their potential to accomplish great things, By joining forces with the Bumble Fund, we will continue amplifying female entrepreneurs and creating a place for them to personally and professionally champion their growth.”
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