Venture Capital Firm Specializing in Female-Focused Investments, Tipt Ventures, Obtains Funding for Initial Deal
In the ever-evolving world of venture capital, a new player is making waves - Tipt Ventures. This ambitious fund, operated by managing partners Ami Galani (based in Austin) and Fielding Jamieson (based in Atlanta), is setting its sights on the sports business VC market, with a unique twist - a focus on businesses that cater to women as athletes, fans, and consumers[1][3].
Tipt Ventures aims to raise a total capital of $50 million, with contributions from sports executives, seasoned VC backers, and retail investors[2]. The fund has already reached a "meaningful milestone" in its initial fundraising efforts, though the exact size of this contribution remains undisclosed[1].
The sports economy is the target sector for Tipt Ventures. However, what sets them apart is their commitment to businesses that enhance women’s engagement in sports, an often underinvested market[1][3]. This approach is part of a broader trend in venture capital, where funds like Tipt Ventures deliberately carve niches to back emerging markets with strong growth potential and social impact[1][3].
Typically, Tipt Ventures invests between $500,000 and $1 million in a target company[1]. Their investment portfolio includes startups and companies that engage women in various sports-related capacities. The Trailblazer portfolio, a partnership between Galani and Jamieson, focuses on the intersection of women and sports and includes investments in Canopy Team, The Gist, and Ida Sports[1].
Tipt Ventures is one of the few VC funds focusing on women-led firms, as only about 3% of VC funds go to women-led firms[1]. Their first investment was in Ida Sports, a company that manufactures cleats specifically for women[1].
The fund expects to fund opportunities in media and content, athlete and fan experience, data and analytics, pre-collegiate and college sports, and performance science[1]. Potential portfolio companies should already have revenue and be able to address an unmet need[1].
Galani describes Tipt Ventures as a fund that aims to solve problems for women as they engage in the sports economy[1]. The fund's focus is on putting women at the center of the sports experience, whether they are fans, mothers, or adjacent consumers[1].
On Thursday, Tipt Ventures will officially announce the news of the fundraise[2]. With their unique focus and ambitious goals, Tipt Ventures is poised to make a significant impact in the sports economy, reimagining the market through a female-centric perspective.
[1] - Source: TechCrunch [2] - Source: SportsPro Media [3] - Source: Forbes [4] - Source: VentureBeat
People interested in the sports business and venture capital market should take note of Tipt Ventures, a new player that is focusing on an often underinvested market - businesses that enhance women's engagement in sports. With a unique investment portfolio catering to women as athletes, fans, and consumers, Tipt Ventures aims to make a significant impact in the sports economy, funding opportunities in various sectors such as media and content, athlete and fan experience, data and analytics, pre-collegiate and college sports, and performance science.
