A new video-pitching platform for entrepreneurs aims to help women and people of color shrink the funding gap and reach eager investors. Its cofounders explain how they’re rolling it out.

Female founders only receive 3% of all venture capital funding, even though teams led by at least one female founder perform 63% better than companies with all-male leaders. To bolster female founders and entrepreneurs of color, Allison Byers and Ann Sublett developed Scroobious: a video-pitch platform that connects startup founders to interested investors. Byers and Sublett are bootstrapping their business and working on a prototype which they hope to complete in May. They said others hoping to kickstart a business during the pandemic should hold off on raising funds and instead focus on building relationships with investors. Click

Leave a Reply