In early 2024, the government tried/failed to change the criteria to angel invest in ways that would have disqualified more women. Some fiery WhatsApp chats between members of WITSEND led to the creation of WITSangels, a network of women execs who share dealflow.
It’s been lots of 🌶️ group chats, 💦side-hustle sweat and 🏋️meaningful impact since.
As we wrap up 2024, here’s what we’ve learned so far:
👯 Lots of women angel invest and many more want to. In our community of 60+ self-certified angels, many of us had less investing experience; a sense of community helped us become more active.
🚀 Full-stack expertise = rocket fuel. AI, data, engineering, ops, growth, commercial, people, finance — our combined perspectives and experience 10x the value we bring to each other and founders.
❤️ Sharing dealflow is work—but worth it. Each person gives multiple hours to the community to bring a deal. But together we each spend less time overall and all of us see more.
💡 Smaller groups = richer insights. WITangels each opt-in to review the deal → focused discussions → better learnings.
🫶Trust brings truths. We’re already part of the same tech community. As we’ve gotten to know each other even more, we are able to share our perspectives even more candidly.
⚖️ Equality is achievable. We’ve helped startups make their cap tables more gender-balanced —at least one hit 50/50! We also see more female founders than male, go figure 🤷
So far, our angels have backed yhangry, Iona, Ahead Health, Hey Savi, Ponterra, Propelle, TaskHer, The Little Loop, The Better Menopause, Luna.
We’re gladdened by what we’ve built so far, and v excited for more to come.
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