Female-founded companies are on the rise.
From talks with investors and leaders in venture capital, we’ve rounded up a list of 10 female-founded companies that you should be paying attention to in 2018. These leading founders have set their sights on disrupting major markets like fashion, cosmetics, feminine products, online networking, and grocery delivery.
Check out the companies you should be paying attention to this year:
Maven is a telemedicine company that provides digital solutions for women’s health.
Founder: Katherine Ryder
Funding: $US15.3 million
What it does: Maven’s app connects women to healthcare practitioners through video and private messaging and provides a community centered on women’s health.
Why it’s taking off: The company has partnered with several high-profile companies (including Snapchat’s parent company, Snap, and a number of Fortune 500 companies) that now offer Maven’s maternity services to their employees.
Shippo, which was founded five years ago by Laura Behrens Wu, helps small businesses mail out packages with ease and efficiency.
Founder: Laura Behrens Wu
Funding: $US20 million Series B
What it does: Shippo connects businesses with a network of shipping carriers worldwide.
Why it’s taking off: Shippo is tackling the e-commerce industry by providing a way for small businesses to send out goods with the efficiency of Amazon.
Glossier is redefining the online cosmetics marketplace.
Founder: Emily Weiss
Funding: Since 2015, Glossier has raised $US86.4 million.
What it does: Glossier is an online cosmetics marketplace.
Why it’s taking off: In just three years, Glossier has overtaken a sizeable portion of the cosmetics market with its direct-to-consumer approach to beauty products.
Amy Chang quit her job at Google to found Accompany, a platform that’s geared toward up-and-coming professionals.
Founder: Amy Chang
Funding: $US20 million Series B led by Ignition Partners.
What it does: Accompany’s social platform provides relevant, up-to-date information so that people can network more effectively.
Why it’s taking off: Accompany hopes to replace Google and LinkedIn as the go-to destination for finding information on professional contacts.
The Muse co-founder Kathryn Minshew faced nearly 150 rejections before the company received funding in 2011.
Founders: Alex Cavoulacos, Kathryn Minshew, Melissa McCreery
Funding: Since it was founded in 2011, the Muse has raised $US28.7 million.
What it does: The Muse is a career advice and job search site.
Why it’s taking off: Aside from its growing database of job openings and resources for career advice, The Muse is having a significant impact on the professional career coaching market.
Liz Wessel worked at Google and Anheuser-Busch before founding her own company.
Founders: Liz Wessel
Funding: Last year, WayUp raised $US18.5 million in a Series B led by Trinity Investors.
What it does: WayUp helps recent grads find internships and entry level job opportunities.
Why it’s taking off: WayUp is attempting to gain a slice of LinkedIn’s market share by providing professional opportunities geared toward the up-and-coming workforce.
Plus-size fashion site Dia & Co has plans to tackle a $US21 billion market.
Founders: Lydia Gilbert and Nadia Boujarwah
Funding: Sequoia Capital led Dia & Co’s most recent funding round for $US20 million.
What it does: Dia & Co is an online fashion marketplace for plus-size women.
Why it’s taking off: Gilbert and Boujarwah believe that plus-size women have been overlooked by traditional fashion retailers for long enough. They’re planning on overtaking the plus-size fashion industry by providing personalised styling and boutique fashion.
Gobble promises that it will take you less than 10 minutes to cook its meals.
Founders: Ooshma Garg
Funding: Khosla Ventures led Gobble’s $US15 million Series B in October.
What it does: Gobble is a grocery delivery service that provides ready-to-make meals.
Why it’s taking off: Already, Gobble is serving millions of meals a year. Garg, who studied engineering at Stanford, says the company’s precise data lets it sharpen and hone its product at a competitive pace.
Lola has big plans to disrupt the feminine products marketplace.
Founders: Alexandra Friedman and Jordana Kier
Funding: Spark Capital led Lola’s $US7 million Series A.
What it does: Lola is a subscription-based service that delivers organic feminine products.
Why it’s taking off: Lola’s organic pads and tampons are catching on with the millennial market.
Tracy Young co-founded PlanGrid, an San Francisco-based company that supports the construction industry.
Founders: Tracy Young, Kenny Stone, Ralph Gootee, and Ryan Sutton-Gee
Funding: Since it was founded in 2011, PlanGrid has raised $US66 million.
What it does: PlanGrid provides software to help construction companies execute building companies.
Why it’s taking off: PlanGrid has plans to eliminate the need for paper blueprints. It’s received interest from prominent venture capital funds like Sequoia Capital, Tenaya Capital, and Founders Fund.
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