Victress Capital Closes on Fund II

Choate represented Victress Capital on the formation of its oversubscribed second fund. Based in Boston, Victress is a consumer-focused, seed and early-stage venture capital firm founded by women to back companies with gender-diverse teams, meaning there is at least one woman on the founding team. With a focus on technology-enabled brands, services, and marketplaces, Victress has invested in 14 companies to date, including direct-to-consumer organic food delivery business Daily Harvest and Mented Cosmetics, a cosmetics company catering to women with darker skin tones.

Victress was formed in 2015 out of a shared passion for addressing the female funding gap and changing the way future generations experience the world. Understanding that companies with gender-diverse leadership teams outperform those that are homogenous, Victress’s founders saw a massively underserved market opportunity and believed that with their deep domain expertise, they were well-positioned to provide the access to networks and capital that women leaders were missing as they built and scaled their businesses.