Premoney 61: Generation She & Dare Drop

Welcome to week 61! Thank you to the new folks who joined since last time - we are now 5700 strong and steadily growing. It’s been a few weeks, we’ve been heads down on Swapstack and implementing plans to get us through the down turn. It’s also been fascinating to see the companies launching and successfully raising right now - those are the companies to bet on.

🌲 Climate-tech community shoutouts 🌿

For those interested in getting more involved in climate tech and learning about the different areas of climate innovation, there are a couple of groups and communities that I would highly suggest the following resources:

1. Work on Climate: Great for identifying new companies, founders, investment opportunities in early stage climate related ventures.

2. My Climate Journey: A great beginner resource for folks interested in starting “their climate journey” and learning the fundamentals of climate impact.

3. Climate Tech VC: A newsletter and community of over 40,000 climate investors, founders, and market leaders.

More opportunities in the climate space to come!

Generation She

Company: Generation She

Founder: Avni Barman

Raise Details: We're raising $1M

• First checks have started to roll in and likely to close in next 2 weeks

• Our commits are from a mix of experienced operators and community builders

• 30% committed

Vertical: Future of Work, SaaS, Recruiting, Inclusion, Human Resources

Business Model: B2B2C, SaaS

1-Liner: Generation She enables tech companies to source and land top female talent in minutes.

Description: Generation She is the fastest way for companies to hire top female Gen Z talent in tech. We have a community of 16K women from schools like Harvard, Berkeley, and Stanford ready to be hired, and 80 companies on our waitlist ready to onboard once the pre-seed is raised. Eventually, we plan to be the go-to career platform for the 1 billion Gen Z women worldwide breaking into tech.

Traction Indicators:

• Projected 2.3M ARR next year

• 80 waitlisted enterprise customers

• 16K women ready to be hired

• Growing organically 18% MoM

• Community Engagement - 1700 monthly active members

Dare Drop

Company: Dare Drop

Founder: Joe Bechtold & Paul Traficanti

Raise Details: $3.5M Seed, $400K Committed

Vertical: Digital Media,Social Media,Marketing,Marketplace

Business Model: B2B2C,Marketpalce

1-Liner: Connect people to products they need, through content they love.

Description: Customer acquisition costs are rising. Ads are increasingly limited by data privacy and ad-blocking. There are 51M+ influencers making online videos that are largely unmonetized. Dare Drop is the only solution that engages hundreds to thousands of influencers with a product while helping them make content their audiences love.

Traction Indicators:

• Revenue grew 84% mo/mo this year (CAGR)

• Booked $164K in September

• >$500K on the year

• Onboarded >8,000 influencers

Thats all for this week!