Female Founders Fund returns its Fund I

Date:

October 31, 2024

After 10 years, the Female Founders Fund has returned its $5.85 million Fund I, according to Fortune. The news makes FFF one of the few diverse-focused funds to fully return a fund in a move that may boost the image of investing in women founders across Silicon Valley.

Any further investments and exits to come from Fund I will be profitable for investors. Fortune reports that many young firms like this never return their first funds. FFF was founded in 2014 with the goal of backing early-stage female-founded companies. Its investments include the healthcare company Peanut, the astrology app Co-Star, and the healthcare unicorn Maven.

TechCrunch reported a year ago that FFF is now raising $75 million for Fund IV.

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Lisa Holden

Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Female Founders Fund returns its Fund I

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