Bumble Fund

Bumble Fund is a venture capital fund established in 2018 by Bumble Inc., the women-founded and women-led tech company known for its dating app that empowers women to make the first move. The fund focuses on early-stage investments in businesses founded and led by women of color and those from underrepresented groups, aiming to address the significant gender gap in venture capital. Bumble Fund's investment strategy is led by Bumble's Chief Operating Officer, Sarah Jones Simmer, along with senior advisor Sarah Kunst. The fund has committed over $1 million to date, with individual investments ranging from $5,000 to $250,000. Notable initial commitments include BeautyCon, Cleo Capital, Female Founders Fund, Mahmee, and Sofia Los Angeles. In 2019, tennis superstar Serena Williams joined Bumble Fund as an investor and advisor, further amplifying the fund's impact on supporting women entrepreneurs. Bumble Fund continues to identify and support promising businesses and founders, including through Bumble Bizz, the business networking platform within the Bumble app.

Bumble Fund's mission is to support entrepreneurs who have been largely ignored by traditional venture capital establishments. By focusing on women-led startups, the fund is committed to diversity and inclusion, aiming to empower underrepresented groups in the entrepreneurial ecosystem. The fund's investment approach is characterized by a hands-on strategy, providing not only capital but also strategic guidance and resources to its portfolio companies. This comprehensive support is designed to foster growth and success among the founders it backs.

Through its investments, Bumble Fund seeks to create a more equitable and inclusive venture capital landscape, ensuring that women of color and underrepresented founders have the opportunities and support needed to thrive in their entrepreneurial endeavors.