xconomy: To Help Boost Female-led Startups, More Women Join Investor Ranks


Portfolia was recently featured in an article by xconomy on how women are building their own networks to challenge status quo in the tech industry and also invest in more women led startups.

Xconomy notes "Costello founded Portfolia six years ago, after 17 years at the Ewing Marion Kauffman Foundation, where she founded its well-known Fellows program. “We’re deconstructing how venture capital works,” she says, noting that the modern VC industry was developed at a time when women couldn’t even take out loans on their own. “If we could organize it today, what would it look like?”

Portfolia operates like a micro-VC and has six funds; examples include “femtech” and active aging. Women can choose a fund to join with a minimum $10,000 check to invest. While more experienced women investors run the funds, the other investors are encouraged to actively participate in pitches and investment discussions."

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You can also read the full article here.