With changes in the technology and time, the opportunities available to the women nowadays are abundant. Rather, it should be said women these days are grabbing any good opportunity at site and do not hesitate to start their own business or do what they like to do. According to Center for American Progress, the number of women-owned firms in USA has grown by 59% from 1997 to 2014 on an average. So let’s have a look at the top six startups run by women.
1. Love With Food:
Love With Food, which was one among the 2012’s 500 Startups fall class, gives a subscription commerce service that sends monthly boxes of carefully selected gourmet treats to users more of less like Birchbox for the foodie set. Apart from the subscription commerce, it also offers a way for subscribers to purchase food that is part of its monthly shipments. Around 15-20% of its monthly subscribers come back and purchase regular e-commerce goods. The startup managed to attract customers all over USA. The subscribers are more from rural area than from urban area due to less accessibility and availability of high-quality gourmet treats at local markets.
Founded by Aihui Ong in 2012, she says, “Our platform help brands send out their products to our community of highly engaging foodies who pay a small monthly fee to discover new, organic, all natural products at their door and collect product feedback. By bridging an offline and online experience, LoveWithFood.com’s technology helps consumer brands cut their marketing and research cost by 99%.”The company received $2.1 million in 3 rounds from 11 investors and the recent one to be $1.4 million Seed on June 10, 2014. Apart from business, they give back things for the society. For every box delivered, a meal is donated to food banks across America. In less than 18 months, LoveWith Food.com has donated more than 100,000 to food banks all across America.
CakeHealth, the brainchild of Rebecca Woodcock and Andy Brett, is exploding on the market and shifting the way that people today view the world of health insurance. The ultimate aim of the company is to become the ‘Mint for health insurance in the market.’ With the services offered by the startup, users will be able to find out at ease which individual health services would benefit them based on the individual situation. The company works to make the simplify the entire process and make it straight forward for the consumers. All the users need to do is to sign up with the website that acts as a platform to connect with their health care provider’s site.
The services of the website helps in saving users money in few different ways. However, the biggest obstacles facing Cake Health are the fragmented healthcare industry and earning user’s trust. Co-founder Andy Brett says the company has developed scraping techniques that help it quickly process information from many providers, even if they don’t have a structured API. For the latter problem, there will be some people who are averse to handing over their data to a startup.
A San Francisco-based startup, Samahope is a non-profit crowdfunding site for doctors providing critical medical treatments to patients in poor communities. They pool in the donations made by many people through the Samahope platform and send them directly to heroic medical professionals, who are then enabled to treat more patients. Its #HonoryourMom project is soliciting donations for medical treatments for women along with tweet-length anecdotes about participants’ own parents’ uniqueness. Thanks to the company, there are millions of people of people who need corrective surgeries that the company takes for granted in the west.
Samahope has helped more than 1,000 patients with treatment through the supprt of nearly 8,000 people around the world. Founded by Leila Janah in 2012, the startup has already moved 25,000 people out of poverty. Janah’s website offers profiles of specific doctors, including the work they are doing and their location. One can directly fund the doctor of your choice from Samahope’s website. Angel investors including Laura Arrillage-Andreessen, founder of the Silicon Valley Social Venture Fund and Scott Banister, founder of Cisco-acquired IronPort Systems, have helped the organization raise more than $100K.Co-founder Patel says that 100 patients’ procedures have been funded by 250 users to date with monthly donations increasing at an average of 60%.
The Samahope platform strives hard to close the gap between finance and the patients who cannot afford to treat painful conditions arising from giving birth and for children who have burns or cleft palate. Soon they hope to grow into a platform for funding all kinds of treatable medical problems.
LearnUp is a startup behind a job training site that helps unemployed Americans learn the skills they need to get a job. The skills’ training platform connects job seekers and employers, helping the former learn or revise the skills from the latter, track progress on their skills resumes and receive job offers. Founder Alexis Ringwald, whose first startup green energy software company Valence Energy, was acquired by Serious Energy says, “there is tremendous skills gap in this country.” She also quotes the job seekers are not clear about the most useful skill sets are needed or they are interested in which is made known to them through their site.
The business was profiled by Wired but an SEC filing revealed that ‘LearnUp’ is well-funded. According to the regulatory filing, the startup has raised above $1.9 million during its early stage itself. The startup is backed by Silicon Valley VC firm New Enterprise Associates and has already establised partnership with large companies like Staples, Gap, Whole Foods and KPMG. The company share is job training content with California Community Colleges and Corporate Voices for Working Families as part of Clinton Global Initiative America. It has also tied-up with various companies/ employers like Staples, Safeway, Gap, KPMG LLP, Prudential, TeleTech and many others. Currently, the company is looking forward to expand its presence within USA though its collaboration companies are functioning globally.
A New York-based nonprofit startup launched in 2012 brought the US the closest thing it has ever had to automated voter registration. After pilot testing, TurboVote in 2012 scaled up for the big stage and got a power boost from Google that displayed its link to the registration site on Google’s homepaage on the week of voters registration. The startup is a program designed to help people register to vote, remember elections and vote from home. The nonprofit organization partners with numerous colleges and universities across the country to help students keep track of elections they may miss otherwise.
During the period of presidential election, 188,000 voters used TurboVote, which in turn mailed out 87,000 voting forms. It joined hands with 20 nonprofit groups and 58 colleges, all of which paid a license to use the technology. Currently, the company is seeking a ‘sustainability round’ of funding. in 2013, it raised $1 million through various grants and earned income, and it now hopes to raise a further $3 million to see it through this year. According to the founder Kathryn Peters, the goal of TurboVote has always been to build ‘a powerful utility of the future.’ Now that the drive for voting system reform has come from highest level, interest in groups like TurboVote will get more stronger. She adds, “If we are successful, we will be how every American experiences voting.” This website is definitely a different initiative to be appreciated. As the website says, “It is democracy, made awesomer.”
MoolaHoop is a rewards-based crowdfunding platform that specifically works with women-led businesses looking to raise capital. The businesses that are selected are posted on the site with a profile with details of their business, their story and a fundraising goal, with the lines of Kickstarter and Indiegogo. This startup works to do more than financial support, but by creating a robust ecosystem to help women leverage their existing social and professional networks, as well as gain access to mentorship, education and skill training. “MoolaHoop’s core mission is to improve access to capital for women entrepreneurs, helping them attract debt-free funding while building a strong base of supporters for their new venture.”
The Dallas-based company founded in 2012, was started by Brenda Bazen and Nancy Hayes. They had been executives of IBM before then left to enter the non-profit world. Since its inception, the company has started 11 campaigns. Nine women have secured over $100,000 in funding for their businesses, says the report. The company’s funding model makes them different from the other platforms. Instead of a conventional all-or-nothing or keep-it-all funding model, businesses will be permitted to set milestones on their way to their ultimate goal. In order to receive those funds, they will have to hit at least one milestone or else contributors won’t be charged for their pledged donation. For instance, a company may want total of $200,000 but set milestones at $20,000, $40,000 and $80,000, with explanations of what can be done with funds at those levels. Through this they are given a chance to show their backers what they are going to do with that funds, said Brenda.