Launch & Lead: 78% of the female co-founders in Antler’s portfolio are also the CEO of their business
Woman who participate in Antler’s program significantly increase their chance of leading their own company.
Adele is responsible for leading Scouting and Angel fundraising. Scouting is a pivotal function for Antler to secure exceptional founders to build businesses with the Fund. Turning to fundraising, Antler holds a powerful angel community that deploys post Antler's initial investment. Prior to Antler, she was an early hire of now unicorn SafetyCulture and with corporate VC the Boston Consulting Group (BCG) Digital Ventures.
Adele is responsible for leading Scouting and Angel fundraising at Antler Australia.
In fact, chances are if you're a female co-founder within Antler's startup generator program, you're more likely to also be the CEO.
Since the VC launched in Singapore in 2017, it has run nine cohorts across four continents, producing 119 portfolio companies. Of those companies, 41% have a female co-founder and of those women, 78% hold the position of CEO.
From Stockholm to London, Narobi, Amsterdam, Singapore, Oslo, New York and Sydney, Antler builds strong co-founding teams, often led by strong female leaders.
Antler's statistics demonstrate that as a woman joining an Antler program, you are significantly increasing your chances of not only co-founding a company but leading it.
"People close to me know that I was always propelled forward by my desire to solve challenges in insurance. Doing this through my own startup was and continues to be a scary thought," says Skye Theodorou, co-founder and CEO of UpCover, an Antler portfolio company out of Sydney's first program - a region where all-female alumni are also the CEO of their business.
"When you consider doing anything - it might feel lonely, isolating and terrifying. However, the Antler program gave me a structure, a group of incredible people to baseline my experiences, and share the experience with, and provided me with a circle of influence that was enormous.
"This circle of influence was integral was a huge boost whether giving me the courage or validity to tap into my own networks or new ones. What I love most about Antler is that everyone joining is on equal terms, regardless of age, gender, sexual orientation or ethnicity. I know it's made a huge difference to my business, as a first-time founder, and a woman.
So, why is it important to have gender diversity in a founding team?
Antler enables women to found and lead new companies and is actively part of moving the needle in the gender equality movement within the workforce. Creating female leaders makes women not just part of the conversation but decision-makers at the helm of the business.
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