xElle Fund 2
Why is xElle raising a second fund?
Women led start-ups are significantly underserved by the investment community.
Female founders receive $3 to every $100 that male founders receive from venture capital investments
Female founders make up 49% of all start-ups
The ROI (return on investment) of female led companies is higher than male led companies (TIMA Capital 3/2024) Up to 35% higher!
Female founders typically outperform their male counterparts in revenue generation after 5 years of operations (The Tech Report - 2023 )
Who is xElle and what have we done?
xElle Fund 1 includes 47 accredited women investors who support female founders & women in the C-Suite
Founded in 2021 with a raise of over $700K
Offer debt financing which allows founders to maintain ownership
Provide mentoring and marketing opportunities
To date, we have funded 5 companies, which support over 70 jobs
The need is still great and our current fund is almost depleted
Why are we different?
xElle Ventures offers debt financing for working capital
Not all companies will be unicorns - in fact very few are. Our mission is to help wonderfully innovative women maintain their ownership and vision while growing their companies
Our members are paid bi-annual returns as opposed to an equity investment that could take 5-10 years (note: all xElle investments are considered high risk, without any guarantees of repayment)
xElle is comprised of women with experience from many facets of business and we can offer mentoring to our portfolio companies
