This D.C. venture fund just raised $182M for female founders

This D.C. venture fund just raised $182M for female founders

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D.C.-based Rethink Impact, the engine behind a local consortium investing in female-led startups, said Thursday it has closed a new $182 million fund — bringing its total assets under management to $300 million. The venture capital firm, started five years ago by native Washingtonian and former tech startup CEO Jenny Abramson, has backed by more than 25 companies while aiming to help women entrepreneurs and other diverse company founders gain equitable access to capital. The new fund — Rethink…

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