These data/information are based on personal opinions and perceptions collected from solo women GPs featured on She-VC.
Mostly the fund size ranges sub $5M -$25M.
Women solo GPs can be found investing globally including starting investment funds in Africa, where VCs are more focussed on growth equity investing than seeding super early stage entrepreneurs.
Women solo GPs taking more time to raise than male solo GPs.
More than 50% of women solo GPs not only have diverse experience but also have ethnically diverse background.
More BIPOC GPs are starting solo GPs circa BLM movement.
Solo-GPs investment focus is also on DEI products and women/BIPOC entrepreneurs at grass root level.
Mostly all women solo GPs are early stage investors.
Solo GPs' LPs are mostly UHNWI instead of large institutional LPs because of micro fund size.
Anna Raptis: $10M Fund I
Amplifica Capital is the first female focused VC fund in Mexico. We make investments that have a positive impact on the lives of women in order to increase their opportunities and participation in the economy. PortCos - Encantos, Kolors, Verqor, Clupp, Microterra, Agtools.
Pros- 100% control over vision, thesis and culture of the fund.
Cons - I feel I need to clone myself to get all the work done that I want to get done.
Eva Yazhari: $30M Fund I
Beyond Capital Ventures is a women-led, emerging markets impact venture fund catalyzing Seed to Series A startups to create superior financial returns, and unlock opportunity for 1 billion consumers in East Africa and India lacking access to essential goods and services. The fund first closed on April 30 and completed its first investment. BCV will invest in conscious leaders building businesses to address growing needs primarily in healthcare, agriculture and financial inclusion sectors. Leveraging an 11-year track record, paired with strong advisors and deep post-investment support, the fund offers investors a diversified, de-risked and dynamic portfolio. The Beyond Capital Ventures portfolio addresses macro trends such as emerging markets growth and technology-assisted solutions. The fund will also pioneer an Equitable Venture structure that provides Series A level founders in the portfolio with a profit share in the GP carry.
Pros: "As a solo GP, I can reinvent venture capital. Many investors say they are "founder friendly" yet founders are typically diluted to minimum shareholdings in their companies. Especially in emerging markets where investors historically are extractive, this paradigm is important to spotlight. As an example, as a solo GP I was able to set up a pool to grant 8% of the GP carry to the founders in the portfolio, making them partners in the success of the fund."
I have had to unlearn a lot. Being an early-stage investor coming from Wall Street, the same set of criteria did not apply. I wish I had learned early on that the school you graduate from does not predict a person's level of business acumen. The second unlearning is that institutional does not mean better, and best practices or "the way things have always been done" are not assumed to be moral, ethical or sustainable. My takeaway has been to think differently about investing, zero in in conscious leaders running profitable businesses with authentic impact baked into their business models, and look for structural innovations like Equitable Venture. "
Katlyne Donnelly: $1M fund I, $50M+ Fund II
Ariana Thacker: Sub $10M Fund I
Shila Nieves Burney: $25M Fund I
Pros: "In absence of hierarchy, it makes me work harder and think more about the risks I’m taking by investing in companies. I don’t make all of the decisions alone; I have a venture partner who helps make investment decisions, but as a solo GP I am able to move faster. Going solo also changes the way I work with founders because they can come directly to me. That’s one of the good things about not being in a big firm - I am extremely accessible online and through social media. Founders don’t have to search for the decision-maker like they do at large firms."
Jessica Karr: Fund I $10M
Pros: "ability to make decisions quickly and set the strategic vision" ; "clarity on roles and responsibilities"
-not having someone to talk it out, brainstorm, who is in the trenches day to day"