Portfolio Companies
A VC fund accelerating the success of companies by women for women
Highlights

$15m

size of the fund

80%

of LPs are women

Summary

Curate Capital is a venture capital fund that invests in businesses “by women for women.” That is, they invest in innovative and influential women building the products that other women want. Curate was founded and is run by GP, Carrie Colbert, who brings decades of experience across operations, angel investing, and social media.

Background

Curate Capital is a $15m fund with a mission of addressing the massive gap in funding for female founders. Curate’s differentiation lies in Carrie’s fantastic experience, large network of female Limited Partners (LP), access to high quality investment opportunities, and impact in driving change in an outdated ecosystem. Carrie has attracted a fantastic LP base with female investors making up 80% of her Limited Partners, plus over 30% of her capital came from high-powered online influencers investing their personal money into Curate Capital. These influential investors are accretive not only to Curate’s portfolio companies but also to the other investors, as they use their social selling skills to drive brand awareness and revenue for Curate’s companies.

Check out Curate's current portfolio here.

Why Sweater Invested
  • Fund Manager Market Fit: After an almost 20-year career in the energy industry, Carrie organically began angel investing into female-founded brands she loves. After angel investing for 5 years and with an overflowing pipeline of great deals (12x ROI), Carrie officially launched Curate Capital in 2021. Beyond strategically sourcing and scoping deals, Carrie advises on macro strategic planning, financial strategizing, marketing, and social media tactical efforts. Not only does Carrie have a great operational background with 17 years of experience in cross-functional leadership roles in the oil and gas industry, she boasts a large social media following herself with nearly 85k followers on Instagram.
  • Massive Gap in Funding for Female Founders: Female founders continue to be funded significantly less than their male counterparts despite women making up 85% of all consumer purchasing decisions. In 2021, female-founded startups only received 2% of VC dollars while 45% of startups had a female founder. Beyond these stats, a recent study found that women-led teams generate a 35% higher ROI than all-male teams (source: Kauffman Fellows). Carrie views this as a huge arbitrage opportunity for Curate to generate outsized returns while also making a significant impact.

Other Active Investors

Exclusive Sweater Perk:

copycheckmark bullet point
45% of US businesses are female-founded but only 2% of VC dollars go to female founded companies (source: BCG, Kaufman Fellows, McKinsey)
12x ROI: Return multiple Carrie received in 5 years of angel investing
Disclosure: Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by calling 1-888-577-7987 or by visiting the Fund’s website at www.sweaterventures.com/cashmerefund. Please read the prospectus carefully before investing. All investments involve risks, and past performance is no guarantee of future results.