3 Sisters Ventures (3SV)

We’re very excited that Morgan Stanley is backing 3SV portfolio company Juniver 🎉 The company - which has created the first digital recovery programme for people with disordered eating - will join Morgan Stanley’s Inclusive Ventures Lab. Two out of three women report disordered eating. We believe Juniver has huge potential in tackling this important issue, and we’re delighted this is being recognised by a major investor. This news is another brilliant step forward for Juniver. It follows a successful launch 8 months ago and a recent research partnership with King's College London. Congratulations to Emilie Faure and the team! 

⬇️ Tackling the gender wealth gap is a key part of our investment strategy. We back companies empowering women economically. It’s a huge opportunity - if women invested at the same rate as men there would be an additional $3.2tn in assets under management today.

🚨 Startling findings about women’s retirement savings A report from Fidelity International - and covered by Financial Times - reveals several areas of concern: 🔹52% of women in the UK fear running out of money in retirement. 🔹12% have cut pension contributions due to the cost of living crisis. 🔹Women’s average pension pots are 45% less than men’s. 🔹Younger women’s savings are less than half of their male counterparts. This disparity is due to several factors such as gender pay gaps, delayed career trajectories resulting from responsibilities outside the workplace (e.g. child and elderly care) and gaps in financial literacy. 💡 What can be done? The FT article highlights the need for better financial education and government support to address these disparities. For investors, I believe this presents an enormous opportunity: 1️⃣ By backing innovation in the way women plan their finances and build their wealth ⏩ which is why 3 Sisters Ventures (3SV) invested in Financielle, the UK's leading digital financial wellness platform combining finance-related education and money management tools in one place. 2️⃣ By supporting technology that improves women’s earning potential ⏩ with Tangent being an example of this. Their work was recently covered by The Times (link in comments)! 3️⃣ By re-imagining caregiving to reduce the time women spend on unpaid care and domestic work ⏩ with SweetPea Care doing this for families who want to better manage later life care. What's more, research from BNY shows that women could add US$3.2 trillion (yes, trillions) to global assets under management if they invested at the same rate as men. With this in mind, investing in fintech, future of work and family tech - which offer scalable solutions that can bridge the gender wealth gap and drive meaningful change - becomes a ‘no-brainer’. To read the full FT article and for more detail on the US$3.2 trillion figure, see comments section below. Laura Pomfret (Financielle) 💸, Holly Holland (Financielle), Gary Izunwa, Joe Adams, Gemma Clay #Fintech #FutureOfWork #Familytech #TechforGood

We're very excited to see 3SV portfolio company Unfabled being the first company highlighted in this TechCrunch piece on trends young investors in New York are bullish about 🙌 The article states that “as twenty-something-year-old investors enter the venture landscape, they bring fresh vibes and spot new trends that could become the next multibillion-dollar tech businesses.” Hannah Samano and Unfabled are a great example of the huge opportunities in this space. Thank you Alex Chung at Chai Ventures for discussing Unfabled! https://lnkd.in/gNEa8S77 #FemTech #VC

This is an amazing story 👏 Trishika Gujadhur was working as a charity fundraiser and dreamed of a career in tech sales. However, her background meant she didn't have any connections in the sector. With the help of Tangent, she was put in touch with a mentor who helped her find her first role at Reachdesk. Tangent - founded by Gary Izunwa and Joe Adams - is doing incredible work. Congratulations to the brilliant team, mentors and candidates who are helping build a fairer industry!

Great to see Emilie Faure and Juniver featured on the BBC's Food Programme 🎧 Two out of three women report disordered eating. Juniver is a science-based digital recovery programme tackling this important issue - one where traditional treatments remain largely ineffective. In the episode, which focuses on food addiction, Emilie shared more about Juni - the AI-powered recovery coach that's part of the Juniver app. Juni has been developed alongside clinicians and people with lived experience of eating disorders. You can listen here - Emilie's segment starts at 34 minutes: https://lnkd.in/gpUWT98M #EatingDisorders #Recovery #FemTech

Giving women what they want and what they need is a huge opportunity 🎯 A seismic shift in economic power is underway. Women are increasingly generating their own wealth and, according to research from EY, are projected to control 75% of discretionary spending by 2028. We believe addressing the underserved needs of half the world’s population is a no-brainer. We invest in founders addressing pain points for women across 3 key areas ⬇️

We love this video of Sophia Parvizi-Wayne and the Kanjo Health team ❤️ It shares the inspirational story behind the company’s mission to help parents and clinicians understand children’s mental health better. We’re proud to work with the exceptional group Sophia has brought together - Deepthi Uppala, Angus Nodder, Alice Stephens, Teddy Taleongpong, Linh Tran and Binula Madhavan. We’re with you all the way! Video by The Journey, Marcus Grip, James Roycroft-Davis

This is good news for FemTech 🎉 Flo Health Inc. - the world’s most popular female health app - has raised more than $200 million from General Atlantic. This sets the UK-founded company’s valuation at more than $1 billion, making it Europe’s first FemTech unicorn. At the same time, it’s important to consider what this landmark deal says in light of the lack of funding for female founders. Given the investment is into an all-male founding team, when over 70% of FemTech companies have at least one female founder. We hope, however, that it shines a light on the huge potential in this space, along with the sector's many brilliant female founders. And, ultimately, encourages more investment in FemTech startups in the UK and across the globe! You can read more here: https://lnkd.in/eXnWU5m4 #FemTech #Womenshealth

🎧 Some great holiday listening - catch The Lowdown founder Alice Pelton on the High Performance Business Roundtable. On the podcast, Alice discusses why she wanted to start The Lowdown, how she’s developing a culture at the company and how she navigated pregnancy while running a startup. Hear from one of the UK’s most talented entrepreneurs - the episode is available here and on all podcasts apps: https://lnkd.in/gSyEzEyB