Halogen Ventures
Overview
Halogen Ventures is a Los Angeles-based venture capital firm, founded in 2015 by Jesse Draper. The firm focuses on investing in early-stage consumer technology companies that have at least one female founder. Halogen Ventures is renowned for its commitment to supporting women-led businesses, thus addressing a significant gender gap in venture capital funding. As of 2025, the firm has successfully raised multiple funds, including a recent $30 million Fund III aimed at investing in the "future of family" market, emphasizing areas such as childcare, ed tech, and family health solutions.
Recent Developments
- June 2025: Halogen Ventures closed a $30 million Fund III to invest in startups targeting the "future of family," a market valued at $7.5 trillion. This fund is aimed at addressing post-pandemic challenges in childcare and family health, prioritizing female-founded companies. Key investments from this fund include Babylist, Upwards, and HopSkipDrive.
- January 2025: Announcement of the 2024-2025 Halogen Fellowship Cohort, aimed at diversifying venture capital and providing students with hands-on experience in the field. This initiative highlights Halogen's ongoing commitment to fostering diversity within the VC ecosystem.
- 2024: Halogen Ventures partnered with Innovate Alabama to invest $10 million in female founders in Alabama, reflecting their strategies to back underserved regions.
- 2023: In the wake of their successful $21 million Fund II, Halogen Ventures invested in several innovative companies, further expanding their portfolio across industries such as health tech and education.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2015 |
| Headquarters | Los Angeles, California, USA |
| Founders | Jesse Draper |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Gingerbread Capital, Lanyon Advisors, Fenwick’s Funds of Funds, State of Alabama |
| Industry | Venture Capital |
| Number of Employees | Approximately 24 as of 2025 |
Early History
Jesse Draper founded Halogen Ventures in 2015, with a vision to address the gender disparity in venture capital funding. Leveraging her background as part of a renowned venture capital family, Draper aimed to support women in technology at a time when female entrepreneurs were significantly underrepresented. Initial investments were made in consumer technology and B2B software sectors with an emphasis on female-led startups.
Company Profile and Achievements
Halogen Ventures operates with a specialized focus on consumer technology startups that have a female in the founding team. The firm’s strategy involves providing not only financial backing but also strategic networking opportunities, brand exposure, and operational guidance. Major achievements include:
- 2015: Launch of Halogen Ventures by Jesse Draper, marking a concerted effort to support female founders.
- 2018 to Present: Significant investments in companies like theSkimm, HopSkipDrive, and Babylist.
- 2021: Closure of a $21 million Fund II, which facilitated broader investment in emerging female-led companies.
- 2025: Closure of $30 million Fund III, designated for "future of family" startups, underlining Halogen’s strategic shift towards market areas impacted by pandemic-era family challenges.
Current Operations and Market Position
Currently, Halogen Ventures continues to lead investments in early-stage consumer tech companies with female founders. The firm is recognized for its hands-on approach, providing strategic support across its portfolio. In the venture capital landscape, Halogen Ventures holds a competitive edge by focusing on underrepresented startups led by women. With a robust portfolio and innovative approach to venture capital, Halogen Ventures remains instrumental in driving gender diversity across technical entrepreneurship sectors.
Halogen Ventures Fellowship
The Halogen Fellowship program is an extension of Halogen Ventures' commitment to diversifying the venture capital sector. It offers students from various backgrounds the opportunity to gain practical experience in venture capital, thus nurturing a new generation of diverse leaders in the industry.
Investing In Female Led Companies
Investing in female-led companies is core to Halogen Ventures' strategy, aiming to bridge the gender gap in entrepreneurial funding. By supporting women entrepreneurs, Halogen Ventures has demonstrated the high potential and viability of female-founded startups as sustainable investment opportunities.
Conclusion
Halogen Ventures has positioned itself as a leader in advocating for female entrepreneurship within the venture capital ecosystem. With a focused strategy, the firm not only aims to provide financial support but also to champion the broader inclusion and success of women in technology and business. Looking ahead, Halogen Ventures is poised to shape the future of venture capitalism, ensuring that female founders are given rightful opportunities to shine and excel.