Bumble Fund

What is Bumble Fund?

Bumble Fund is a Corporate Venture Capital firm based in Austin, Texas, United States, operating with a focus on leveling the investment playing field for women founders, particularly those from underrepresented groups such as women of color. In response to the persistent gender gap in venture capital funding, where women-led startups received only 2% of all venture capital funding and an even smaller fraction for women of color, Bumble Fund was launched to be a part of the solution. This initiative comes from Bumble, a tech company that champions equality with an 85% female workforce.

Bumble Fund's investment approach is to concentrate on early-stage investments in businesses that are not only founded by women but also led by them, aiming to address the glaring disparities in funding. The fund is led by Bumble's Chief Operating Officer Sarah Jones Simmer, in partnership with Senior Advisor Sarah Kunst, reflecting the company's commitment to female empowerment.

Bumble Fund has made commitments to several businesses that reflect diversity and innovation, like BeautyCon, Cleo Capital, Female Founders Fund, Mahmee, and Sofia Los Angeles. Moreover, through Bumble Bizz, the business networking platform within the Bumble app, Bumble Fund seeks to identify and support promising businesses and founders.

The Bumble Fund believes in the exponential power of exceptional female talent and continues to scout for new investment opportunities that align with its advocacy for diversity and equitable funding.