Closing the gap in venture capital and diversifying hearst’s portfolio
For over a decade, Hearst has used its resources and know-how to support founders of tech-based businesses and products while equipping Hearst colleagues (scouts) with invaluable leadership and business skills.
Hearst Lab
Introduction
HearstLab is dedicated to transforming the venture capital landscape by investing in women-led companies.
The Problem
Only 2% of venture capital funding goes to women-led companies
The Solution
HeastLab's Mission:
1. Introduction
HearstLab is dedicated to transforming the venture capital landscape through investing in women-led companies.
2. The Problem
Only 2% of venture capital funding goes to women-led companies.
3. The Solution
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"We are committed to driving a diverse and equitable startup landscape - one where women are building big profitable businesses and launching products that they see the world needs."
“We are committed to driving an equitable startup landscape — one where women are building big, profitable businesses and launching products that they see the world needs.”
Co-Founder & Chairwoman, HearstLab
Executive Vice President & Chief Legal Officer, Hearst
Learn More From HearstLab Founders
By the Numbers
70+
investments to date
$2.5B
portfolio valuation
220+
Hearst-wide network
$100K Pitch Competition
Beyond its standard investment model ($500,000 – $1 million checks in Series Seed and Series A rounds), HearstLab hosts live pitch events in cities worldwide, bringing together female founders, investors and community leaders. Winners receive $100,000 in investment, plus three months of hands-on support. To date, HearstLab has invested over $4 million in startups through these events alone. Watch more behind the scenes from A+E’s 4UV.
Hearst X HearstLab
HearstLab portfolio
HearstLab portfolio companies often become integral parts of the Hearst ecosystem by strategic investment partnerships.
Hearst Magazines Creating Virtual Spaces with ALL3D
House Beautiful and VERANDA’s “Color of the Year” campaign partnered with HearstLab investment ALL3D to accelerate time to market, decrease the production footprint and showcase how 3D design can be a way of the future. See more on House Beautiful and VERANDA.
Hearst Benefits Offer Cutting-Edge Caregiver Support
In 2017, Hearst benefits onboarded HearstLab investment Wellthy to provide professional support to families managing complex healthcare needs.
Hearst Offers SupportPay Benefit to Caregivers
Hearst onboarded HearstLab investment SupportPay to help employees track caregiving expenses in a safe, secure and transparent way.
Level Up Ventures is a Hearst-backed investment vehicle launched in 2021 with a mission to help close the racial wealth gap. Level Up invests capital in and provides services to early-stage, tech-enabled startups led by Black and Latino founders.
“At Level Up Ventures, we know that talent is equally distributed, but access to opportunity is not. By investing in Black- and Latino-led startups, we are tapping into a pool of exceptional talent that is innovating within the gaps left by traditional funding. Our mission is to provide equal access to the resources and opportunities that allow these founders to scale and thrive.”
Managing Director, Level Up Ventures
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Pryze
Pryze is a rewards-based operating system that leverages behavioral trends and positive psychology to enhance employee motivation, productivity and retention.
SuntheticsML
SuntheticsML uses advanced ML modeling for chemical R&D, guiding experimental campaigns with small datasets while reducing frustration, resource consumption and costs in R&D and making scientists 32x faster in the development of new formulations, materials and processes.
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Connect Care Hero
ConnectCareHero is an AI-enabled platform for senior living communities that uses culturally relevant evidence-based content to keep older adults socially and mentally engaged.