Halogen Ventures

What Halogen Ventures does

Halogen Ventures is an early-stage venture capital fund that invests in consumer technology and B2B software companies with at least one female founder. Founded in 2015 by Jesse Draper and headquartered in Santa Monica, California, the firm has built a portfolio of more than 100 companies that have collectively generated over $15 billion in market value, including five unicorns: Metropolis, Babylist, ThirdLove, Trust & Will, and The Flex Company. Several portfolio companies have been acquired by strategic acquirers, including Squad (Twitter), Eloquii (Walmart), and This Is L (P&G).

The firm operates on standard VC fund economics, earning management fees on committed capital and carried interest on exits. Its most recent disclosed fund closed at $21 million in February 2021. In March 2026, Halogen expanded into Alabama through a $10 million partnership with Innovate Alabama, becoming the first out-of-state VC firm to receive funding from InvestAL; the initiative spans nine companies across AI, healthcare, robotics, fintech, and clean energy. Beyond capital, Halogen runs the Halogen Fellowship in Venture Capital (launched 2020), a summer fellowship training diverse students in VC with sponsorship from AWS, SVB, and Manatt; and the Halogen Operator Program (HOP, launched 2022), which connects portfolio founders with experienced operators.

Name

Halogen Ventures

Legal name

Halogen Ventures Management Company, LLC

Website

https://halogenvc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Halogen Ventures is an early-stage venture capital fund based in Santa Monica that invests in consumer technology and B2B software companies with female founders, managing 100+ portfolio companies generating over $15 billion in market value.

Ownership category

akta.pro rank

Product category

Venture Capital Investing

NAICS

Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANAAAA

Early-Stage Venture Capital (Pre-Seed/Seed)

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

SECONDARYFSANAAAB

Early-Stage Venture Capital (Series A/B)

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

SECONDARYFSANAJAN

SDG / Thematic Sustainable Investment Funds

Financial & Insurance/Private Equity & Venture Capital/Impact / ESG & Sustainable Investment Funds

Keywords

• Venture capital fund
• Early stage investing
• Female founder funding
• Consumer technology investing
• Seed stage capital

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Management Fees: VC firms typically charge 2% management fee on committed capital annually. Halogen closed a $21 million fund in 2021.
2. Carried Interest (Carry): VC firms earn carry (typically 20%) on profits from successful portfolio exits above the return of capital. Halogen has backed companies including Metropolis, Babylist, ThirdLove, Trust & Will, The Flex Company, with 5 unicorns valued at over $1 billion each.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Halogen Ventures is an early-stage venture capital fund that invests in consumer technology and B2B software companies with female founders at pre-seed, seed, and Series A stages. The firm provides capital along with strategic guidance, network access, brand exposure, hiring assistance, and follow-on fundraising support across the company lifecycle. It operates supporting programs including the Halogen Fellowship in Venture Capital, the Halogen Operator Program (HOP), and The Shop, which features products from portfolio companies.

Product overview

Halogen Ventures is a Los Angeles-based early-stage venture capital fund that invests in consumer technology and strategic B2B software companies with female founders. The firm has invested in over 100 portfolio companies that have collectively generated more than $15 billion in market value. Halogen Ventures supports its portfolio companies through the Halogen Operator Program (HOP), which connects portfolio founders with experienced operators for mentorship and expertise, and the Halogen Fellowship in Venture Capital, a summer program that trains exceptional undergraduate and graduate students in venture capital while promoting gender diversity in the industry. The firm also operates The Shop, featuring products made by portfolio companies and supporting brands.

Differentiator

Problem solved

Functional benefit

Brands

• Halogen Fellowship in Venture Capital: A summer fellowship program focused on gender dynamics and addressing the lack of equity, diversity and funding in venture capital. The program trains exceptional undergraduate and graduate students in venture capital.
• Halogen Operator Program (HOP)

Products and services

• Early-Stage Venture Capital Fund Capital deployment fund that invests in consumer technology and B2B software companies with at least one female founder, targeting pre-seed, seed, and Series A stages. Provides portfolio companies with strategic guidance, network introductions, hiring support, brand exposure, and follow-on fundraising assistance.
• Halogen Fellowship in Venture Capital Structured fellowship that trains diverse undergraduate and graduate students in venture capital, creating a pipeline of future investors and ecosystem builders. Sponsored by AWS, Silicon Valley Bank, and Manatt, Phelps & Phillips.
• Halogen Operator Program (HOP) Operator network that pairs portfolio company founders with experienced operators to provide external expert support, strategic mentorship, and operational guidance throughout the company building process.

Quantifiable outcome

• Over $15 billion in market value generated by portfolio companies
• +3 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor.

• Amazon Web Services (AWS)minorOthersAWS is a sponsor of the Halogen Fellowship in Venture Capital program, providing cloud computing resources and support for the diversity-focused fellowship.
• Silicon Valley Bank (SVB)minorOthersSVB is a sponsor of the Halogen Fellowship in Venture Capital program, supporting the initiative to increase diversity in venture capital.
• Manatt, Phelps & PhillipsminorOthersManatt is a sponsor of the Halogen Fellowship in Venture Capital program, providing legal and business expertise support for the diversity-focused fellowship.
• PledgeLAminorStrategic or Co-development PartnerJesse Draper serves on the nonprofit advisory board of PledgeLA, created in collaboration with the Los Angeles Mayor's Office to advance diversity, equity, and inclusion in venture capital.
• BizworldminorStrategic or Co-development PartnerJesse Draper serves on the nonprofit advisory board of Bizworld, supporting entrepreneurship education.
• Project GlimmerminorStrategic or Co-development PartnerJesse Draper serves on the nonprofit advisory board of Project Glimmer, supporting young women.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Backstage Capital: Early-stage fund focused on underrepresented founders including women, people of color, and LGBTQ+ founders. Directly comparable thesis, check size, and pipeline targeting.
• Kapor Capital: Early-stage impact fund focused on closing gaps of access, opportunity, and outcomes for underrepresented groups. Comparable diversity-led thesis with overlapping consumer and B2B software investments.
• Rethink Impact: Impact venture firm investing in women, people of color, and other underrepresented founders. Directly comparable impact-thesis approach and similar early-stage consumer focus.
• Springboard Enterprises: Network and accelerator focused on women-led technology and life sciences companies. Comparable thesis on supporting female founders through capital, mentorship, and network access.
• Ulu Ventures: Early-stage venture firm investing in enterprise and consumer software companies with diverse founding teams. Comparable thesis targeting underrepresented founders at seed and Series A.
• Female Founders Fund: Early-stage venture fund investing in women-led technology companies. Direct competitor for the same female-founder pipeline and LP base, with comparable seed-stage check sizes and consumer-tech focus.
• Reach Capital: Early-stage VC focused on education and workforce innovation, frequently backing diverse founders. Comparable diversity thesis and similar seed-stage check sizes.
• BBG Ventures: Seed-stage VC firm focused on startups with at least one female founder. Competes head-to-head for the same pre-seed and seed rounds and shares the diversity-thesis differentiation.
• Pipeline Angels: Angel investing network focused on women and non-binary investors funding women and minority-led social enterprises. Comparable pipeline-building focus for female and underrepresented founders.
• Forerunner Ventures: Early-stage consumer-focused VC that has backed many of the same category-defining consumer brands (e.g., theSkimm). Comparable consumer-tech concentration and female-founder overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/halogenvc
• LinkedInlinkedin.com/company/17940869/admin/dashboard
• Instagraminstagram.com/halogenvc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments150 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Halogen Ventures