Astia Launches $100M Fund

venture capital

Astia, a Silicon Valley-based investment organization, launched a $100M early-stage venture fund focused on addressing the disparity in funding for companies that include women  in founding or executive roles.  

Led by an investment from Mastercard, the Astia Fund will invest globally in high-growth  companies that have at least one woman in an executive, equity-holding position. Additional  investors include:

  • Priya Mathur, past president of the board of CalPERS;
  • Jim O’Neill former  chief economist and former chairman of Asset Management at Goldman Sachs;
  • Farvatn  Venture;
  • Portola Creek Capital;
  • Tides Foundation; numerous members of Toniic, a global  network of impact investors; and other notable LPs.  

Since launching investment activity in 2013, Astia has invested over $27M in companies  sourced by the Astia Expert Sift™ that is proven to eliminate gender, racial, age and  geographic bias in the investment sourcing and screening process. Those companies have  gone on to raise more than $450M.

Founded in 1999 as a nonprofit organization, and led by Sharon Vosmek, CEO, Victoria Pettibone, Evie Mulberry and Omar Ali, Astia works globally to level the investment  playing field for high-growth startups led by women.