Astia
Astia is a nonprofit venture capital firm founded in 1999, headquartered in San Francisco, CA, with additional locations in London and New York. The company focuses on investing in innovative companies led by women, particularly women of color, and employs a data-driven approach to eliminate bias in early-stage investments.
Company Overview
Astia is a nonprofit organization founded in 1999, headquartered in San Francisco, California, with additional locations in London and New York. The company operates within the Venture Capital and Private Equity Principals industry and is classified as a medium-sized business with a team of 180 employees. Astia focuses on investing in innovative companies led by women, particularly emphasizing the importance of diversity and inclusion in the investment landscape.
Investment Strategies
Astia enables investment at all stages of private company growth through various investment vehicles, including Astia Fund, Astia Angels, and Astia Edge. The organization employs a proprietary Expert Sift™ deal sourcing and screening process that utilizes data-driven methodologies and wisdom-of-the-crowd techniques to minimize bias in investment decisions. Astia Fund I, a $32 million Series A/B fund, is sector and geography agnostic, allowing for a diverse range of investment opportunities.
Focus on Women Entrepreneurs
Astia has a clear commitment to supporting women of color and addressing the intersectionality of race and gender in entrepreneurship. The organization aims to eradicate bias in early-stage investment and focuses on inclusive teams as part of its investment thesis. Astia facilitates over 500 connections annually between advisors and portfolio companies, providing essential support to women entrepreneurs.
Investment Impact
Astia has facilitated over $520 million in syndicate investments and has made more than 132 investments, directly investing over $30 million. The organization has achieved 10 exits from its investments, showcasing its effectiveness in identifying high-growth companies with women leaders. Its diverse portfolio spans technology, medical devices, health & wellness, clean tech, and consumer sectors.
Community and Partnerships
Astia hosts a global network of advisors, investors, and industry experts, partnering with prominent groups to support women-led startups. The organization has a history of over 20 years in the investment industry and is committed to leveling the investment playing field through various programs designed to support women entrepreneurs. Astia has signed the Principles for Responsible Investing pledge, reinforcing its dedication to responsible investment practices.