附近上门

, a New York-based private investment platform, has invested $32 million in via its syndicate of executives and family offices. The firm invests in companies with female founders in STEM that have a positive impact on the environment, health, education, or employment, and just released its findings from its .

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We spoke with founder and general partner , who co-founded Plum Alley with .

When reporting on female startup founders, the media tends to focus on consumer-oriented companies, Turner Moffitt said. 鈥淲e want to push a bigger conversation around the scientists and the technologists who happen to be women, who are bringing forward these amazing emerging technologies and medical breakthroughs that are having an important, positive impact in the world,鈥� she said.

The new fund will target funding at Series A, the stage with the biggest funding gap in venture, given the proliferation of funds at the seed stage. The firm has a first close with 聽as an anchor investor in the new fund.

Plum Alley currently operates like a venture firm in that it has partners sourcing deals for their syndicate to invest in. Its investor base is 75 percent women and, of its current portfolio, 70 percent of the companies are in technology and 30 percent are in health care.

The firm will continue to offer the co-investing model to its syndicate partners allowing for more dollars to be invested in companies it targets.

Measuring impact

Plum Alley terms its approach 鈥渋ntentional investing,鈥� meaning it looks for the 鈥渆ssential technologies and medical breakthroughs that are driving value in the world for humanity and the planet,鈥� said Turner Moffitt.

The firm has developed its own framework for assessing a company’s impact by looking at the size of the problem, the services addressable market, its near-term goals, and current outcomes. To date, its 23 portfolio companies have been assessed across three areas: the environment, inclusive growth/upward mobility, and health.

For the environment, notable investments include local air-quality data service , water quality monitoring company , resilience service for disaster preparedness and response , textile innovations and recycling company , and electric and automated vehicle freight trucking technology company .

In upward mobility, the firm invested in provides technology training for marginalized communities,聽 , a literacy platform, and , a mental wellness service with a focus on underrepresented groups.

Companies in Plum Alley鈥檚 health portfolio include: , a CRISPR technology innovator; , a cardiovascular diagnostic device company; , an antimicrobial light for germ control; bone reconstruction company ; and , a cancer treatment company.

Shown below are聽 some of companies highlighting areas of impact.

Feature photo of Plum Alley co-founder and General Partner Andrea Turner Moffitt and co-founder Deborah Jackson provided courtesy of Plum Alley.

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