Good morning, When I first talked to Lindsay Kaplan and Carolyn Childers about Chief—their private membership network for executive women—back in 2019, the plan, as they told me, was nothing short of world domination. Now, three years later, that lofty goal is starting to take shape. The New York City-based company announced last week a $100 million Series B fundraise, valuing their company at $1.1 billion. The raise marks one of the fastest launch-to-billion-dollar transformations for a solely female-founded, venture-backed U.S. tech company ever. "We never set out to be a billion-dollar company," says Childers, whose company offers C-suite execs and rising vice presidents mentorship opportunities across industries, focused career coaching sessions, networking events, and more. "But we're excited about hitting this milestone, because it shows that investment in women is a good investment." Read on for more about the raise and how the founders are building a place for high-powered women to come together. |
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