Alumni Ventures Launches Women's Fund to Support Female Founders with $100M Target

Alumni Ventures has established the Women's Fund to support female founders, with a target of $100 million. The fund is led by an all-female investment team and aims to invest in high-growth startups in sectors like space, cybersecurity, AI, and healthtech. Notable successes include Bridgit Mendler's Northwood Space, which secured a $100 million Series B and a $49.8 million contract with the U.S. Space Force, and Pranitha Patil's Function Health, valued at $2.5 billion after a $298 million Series B.

Published Mar 26, 2026

Alumni Ventures has launched the Women's Fund to invest in female founders, targeting $100 million. The fund is led by an all-female team and aims to create a diversified portfolio of about 20 investments in high-growth sectors such as space, cybersecurity, AI, and healthtech.

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Notable examples of successful female founders include Bridgit Mendler of Northwood Space, who recently closed a $100 million Series B and secured a $49.8 million contract with the U.S. Space Force, and Pranitha Patil of Function Health, which reached a $2.5 billion valuation after a $298 million Series B. The fund's initiative is driven by data indicating that female founders perform better on various metrics despite receiving less VC funding.