Dating app Bumble launches fund to invest in women-led startups

2018-8-16 12:14

The popular dating and networking app Bumble revealed yesterday that it will be launching an investment fund for female-founded startups. Today, we’re launching Bumble Fund – focusing on early-stage investments, primarily in businesses founded and led by women of color and those from underrepresented groups.

#BeTheCEO https://t. co/euOkG10zVy — Bumble (@bumble) August 15, 2018 This comes after a recent study by Boston Consulting Group (BCG) and Mass Challenger, a network of startup accelerators, found that when women applied for investment, they received less funding compared to the average male founder, but made double the revenue. However, this hasn’t stopped the growth of the staggering…

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