funding | growth | leadership we started astia to address the issue of women's access to...
TRANSCRIPT
Funding | Growth | Leadership
We started Astia to address the issue of women's access to capital, specifically venture capital by women entrepreneurs
building technology companies…
- Cate Muther, Founder, Astia
Why?
• 8% of VC goes to Women led businesses• Evidence shows the diverse team
outperforms the team of the best–Capital efficiency –Fewer Failures–Diversity Improves Performance–Gender diversity to be particularly
valuable where innovation is key
http://www.illuminate.com/whitepaper/
Track Record
• Since 2003, over 300 companies chosen– More than 60% achieve funding or an exit
within one year of joining
– More than $1B raised by Astia companies
– 22 exits, including 2 IPOs
This is an extraordinary success rate for early stage companies and attests to the hidden opportunity presented by women-led companies. Astia’s methodology for portfolio companies
clearly contributed to results. - Mitchell Kertzman, Hummer Winblad Venture Partners
How?
The exposure to and commitment from the Astia Advisor Community has been an integral part of getting us to where we are today. From start to
finish, we were able to close our most recent Series A raise in just six weeks from a top tier firm with the perfect DNA for LearnVest.
- Alexa von Tobel, founder and CEO of LearnVest.com
1,200-PERSON GLOBAL ADVISORY NETWORKIncludes 200+ investors, 300+ C-suite Execs
FOCUSED PROGRAMMINGDelivers access to networks & opportunities for success
POWERFUL PEER-to-PEER NETWORKExceptional female leadership in 250+ companies
WE OWN IT SUMMIT Next: June 2012 (New York)Leading collaborations within the community
Entrepreneurs & Executive
ScreeningApplication and
Feedback
1 WeekProgramme
Advisor team(8 Weeks)
Investor Day
Ask for it… WOIS, High Growth Entrepreneurs, Investor Intros, Exit
The Astia Process
• Application: $250
• Comprehensive
feedback
• In-person screening
• One-time fee: $5,000
• Full life of the company until exit
• Covers executive management team
Alumnus: Helena Kyttari Djupesland
• Joined Astia: April 2009 European Entrepreneur Programme
• Nasal drug delivery company• June 2010: Raises $48.5M in New York
(Avista Capital Partners) • November 2010: Awarded $490K in US
Government grants• May 2011: company wins the Oslo regional
finals of the DnB NOR Innovation Award for the best business ideas of the year
Alumnus: Joëlle Frijters
• Joined Astia: May 2010 European Entrepreneur Programme
• Platform enabling web publishers to optimise their advertising revenue
• Launched product into 35 markets in 2010• Grew client base 10x in 2010• January 2011, the company successfully
secured funding from a Dutch VC
Mark Your Calendar & Contact Us
• Follow @astiaglobal @vosmek• http://www.facebook.com/astiaglobal• Apply at Astia.org • Next program is New York in May• WOIS Summit in June