FirstStep Fund

First Step Venture Partner Angela Jackson in Portland Tribune

Investment fund Portfolia announced it has added Angela Jackson of the Portland Seed Fund as a venture partner for its new fund called the FirstStep Fund.

Jackson will continue working with the Portland Seed Fund but will bring her expertise, along with four other partners spread across the country, to finding startups with a female angle: companies either founded or run by women or producing a product or service of particular interest to women.

Forbes: How To Avoid The Three Worst Blunders Entrepreneurs Make In Pitching Investors

We are pleased to be included in a roundup of investing solutions that allow you to invest in opportunities that align with your values. According to Women 2.0, you can achieve social impact and financial returns by taking advantage of investment models that help you support the companies you want to see in your marketplace.

Funding for Woman-Led Companies Stalls in 2018

According to Fortune, funding for female founders stalled at 2.2% of VC dollars in 2018. They report that “all female founders put together received $10 billion less in funding than one e-cigarette company, Juul, took in by itself.”

According to reports by Pitchbook and All Raise, while the percentage of VC deals going to female founders has increased, the “bulk of large dollars are going to male-only founders,” with the 10 biggest deals of 2018 going to companies with male founders. The average deal size for a woman-led company was $5.9 million, a stark contrast to the $17.3 million average deal size for men.

Until we activate more female investors, this will not change.

Women 2.0 Says Portfolia Easily Allows You to Invest in Line with Your Personal Values

We are pleased to be included in a roundup of investing solutions that allow you to invest in opportunities that align with your values. According to Women 2.0, you can achieve social impact and financial returns by taking advantage of investment models that help you support the companies you want to see in your marketplace.

A Customized 'Learn-By-Investing' Fund

A Customized 'Learn-By-Investing' Fund

Creating a catalyst for change by facilitating the emergence of women, minorities, and millennial investors for a more diverse investing landscape is exactly what Portfolia is seeking to achieve with its seventh fund, FirstStep. Designed for first-time investors with a tailored “learn-by-investing” experience, members are empowered to be as involved or hands-off as they prefer. The customized experience gives these investors the educational development they need, an engagement component similar to being an Angel investor, and the added protection of diversification in a venture fund.