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Since 2015, Female Founders Fund has backed 2 African startups across 4 disclosed funding rounds totaling $94M, most heavily in Kenya and Fintech.
Female Founders Fund is a seed-stage venture capital firm founded in 2014 that invests exclusively in female-founded companies. Based in New York with deep roots in the female founder ecosystem, the firm has become a leading source of institutional capital for female founders, with over $3 billion in enterprise value across its portfolio. The fund was created on the belief that women will build the companies of tomorrow and operates as a team of female investors and operators who identify opportunities through their unique lens and cultural insight. Female Founders Fund's investment activity extends globally, including significant presence in Africa. The firm has invested across multiple stages, from seed through growth rounds, with a particular focus on fintech companies in Kenya. The fund has backed transformational technology companies including Tala, a digital financial services platform serving emerging markets. Female Founders Fund invests in companies with at least one female founder on the founding team and has the flexibility to lead, co-lead, or participate in funding rounds. Beyond capital deployment, Female Founders Fund has developed an extensive ecosystem of resources and community programming. The firm hosts best-in-class events including quarterly press dinners with top-tier journalists, monthly CEO breakfasts, and the widely acclaimed annual Camp FFF event. The fund maintains a proven track record of follow-on investor relationships with firms including Lightspeed, Sequoia, and Index Ventures, helping portfolio companies prepare for subsequent growth stages.
Data updated · Jul 29, 2026
Female Founders Fund has backed 2 African startups across 4 disclosed funding rounds tracked on Liners, totaling $94M since 2015.
Mostly Seed: 1 of its 4 tracked rounds are at that stage, followed by Series C (1).
Female Founders Fund's tracked rounds are concentrated in Kenya (4).
Its tracked rounds lean toward Fintech (3), AI & Analytics (1).
Female Founders Fund most often shares rounds with Lowercase Capital (3 shared deals), DCVC (3 shared deals), Collaborative Fund (2 shared deals).
Female Founders Fund invests in female-founded companies based on the belief that women are building category-defining companies of tomorrow using their unique insight as consumers. The firm prioritizes investing in talented female leaders driven by a strong mission to challenge and redefine their markets.
Female Founders Fund offers extensive resources including best-in-class founder programming, quarterly press dinners with journalists, monthly CEO breakfasts, and the annual Camp FFF event. The firm also provides warm introductions to follow-on investors and helps prepare companies for their next growth phase.
