Micro-fund

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Copper Wire Ventures

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Investment thesis

Copper Wire Ventures is a mission-driven microfund founded on the conviction that women entrepreneurs deserve equal access to venture capital and strategic support. With only 2.7% of all venture funding going to women founders in 2019 (and that number decreasing in 2020), the fund was created to drive more investment into women-led businesses through direct early-stage investments — often as the first money in — in companies pioneering the future of learning and work. Backed by a family office, Copper Wire Ventures focuses on edtech and future-of-work companies led by female founders, writing $100K–$500K checks at the pre-seed and seed stages. The fund actively cultivates co-investments by similarly mission-driven venture capital firms and provides board-level mentorship and access to a 9,000+ member NYEdTech Meetup community, giving portfolio companies direct access to educators, buyers, and co-investors beyond just capital.

Notable quotes

Women have better exits. They build more sustainable companies that have a higher value and valuations and exit quicker than men do for the most part.

Jessica Millstone · Jack Hammer Global Podcast – 'How Edtech Founders Must Adapt (or Die)' · 2024-02-22

It's never been easier to start an EdTech company and run it very lean.

Jessica Millstone · Jack Hammer EdTech Podcast – 'Empowering Women in EdTech'

I'm in a moment of real portfolio support for those companies. I'm not actively making new investments out of the fund — we've really locked it towards the end of 2022 as a way to either do some bridge capital, some follow-on investments within the portfolio, but really focus time and energy on helping those companies achieve their next big milestone.

Jessica Millstone · Jack Hammer Global Podcast – 'How Edtech Founders Must Adapt (or Die)' · 2024-02-22

Recent investments

CompanyRoundSizeDate
Germ NetworkPre-Seed2024-10-28
The Humane SpacePre-Seed$750k2023-02-01
KinspireSeed$4m2023-01-20
Pressto AIPre-Seed2022-05-01
RealworldSeed2021-04-01
EveryDay LabsSeed2020-01-01
Mindprint LearningSeed2020-01-01
LiftEdSeed2020-01-01
BeforeWeBegin (Maro)Pre-Seed2020-01-01
weTHINK Inc.Pre-Seed2020-01-01

Frequent co-investors

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