The Artemis Fund

Happy International Women’s Day! Artemis has incredible news to share. We officially closed our second fund at $36M! Head to the comments to check out the full story in TechCrunch by Christine Hall. Artemis is named after the goddess of the hunt and champion of women and wild things. We believe technology has the opportunity to sustain prosperity for all, but it’s not possible without diverse perspectives. We lead seed rounds for diverse tech founders with wild ambition in fintech, commerce, and care building the economy of the future. To date, we’ve invested in 20+ companies, of which 100% are led by female founders or co-founders and 60%+ have Black, Latinx, or immigrant leadership. ??We launched our first fund in 2019 and are so proud of the team and portfolio we’ve built. Stephanie Campbell, Diana Murakhovskaya, Leslie Goldman Tepper, Adrienne Mangual, Juliette Richert, Leigh Harris The real heroes are our amazing founders. We wouldn’t be here without you! Catherine Berman, Yuliya Tarasava, Joanna Newman McFarland, Brooke Harris, Sofiat A., Lemaire Stewart, Kelsey Hunter, Annie Munro Sloan, Daria Shapovalova, Natalia Modenova, Britney Winters, Abbey Donnell, Paige Wilson, Stefanie Fisher-Sample, Daniela Corrente, Sophie Randolph, Sandra Blair, Erin Levine, Duncan Swezey, Heather MacKenzie, Kanan Ajmera, Madeline Fraser, Anup Murarka, Melodie van der Baan, Morgan Hatin Bodstr?m We’re honored to be backed by amazing LPs that share our values, including: Bank of America, Bmo Bank of Montreal,Churchill Asset Management, Texas Capital, Amazon Catalytic Capital, The Rockwell Fund, How Women Invest and Ballentine Partners, LLC. We are excited to #investinwomen and take Artemis to the next level with Fund II! ??

In case you missed our January newsletter, here’s the TL;DR- The big story: Problems We’re Solving in 2025 ?? With a strong start to our Fund II investments, we’re doubling down in 2025 on bold ideas that create real impact for individuals, families, and businesses. More here: https://lnkd.in/g5gxKs_4 On Our Radar: What We’re Reading & Writing Right Now ?? Emerging VC Talent, Edition 6: Naomi Goez, by Artemis’s Juliette Richert: https://lnkd.in/gVYZth74 ?? How Should LPs Think About VC Fund Size?, by Samir Kaji: https://lnkd.in/gzdwnvNK What’s happening in our portfolio? ??Andrea Ippolito, CEO of SimpliFed, was featured in a CNN article on why breastfeeding is so hard and the business of improving the experience: https://lnkd.in/gzn5RpQv Where we’ll be in the coming months (let us know who we should meet with on our travels! ?? ) ?? February 4-5: Stephanie is attending forthelongterm Emerging Managers Forum in NYC ?? February 12: Stephanie is attending the Annual Diverse & Emerging Managers Investment Conference in NYC ?? February 19-21: Rachel is attending VC Comms Con in San Diego ?? March 7-15: Juliette is attending SXSW, and co-hosting Founded in Texas (founders, apply here by February 10th: https://lnkd.in/e5zvKtY) ?? March 10-13: Rachel is attending Fintech Meetup in Las Vegas ?? March 13: Stephanie is attending SEO’s Annual AICON in NYC ?? March 18-20: Diana is attending the ICM Spring Convening & LP Day in Washington D.C. ?? March 25-27: Rachel is attending Shoptalk Spring in Las Vegas Subscribe here to keep up with Artemis: https://lnkd.in/gpgEaKjy

We can do better for new mothers in the United States. With 6-8% of pregnancies classified as high-risk, and 42% of all births financed by Medicaid, it’s clear that too many women lack access to the care they need. But where challenges exist, so do opportunities for transformative solutions. That’s why The Artemis Fund is proud to announce our investment in SimpliFed—a virtual maternal health platform redefining care for moms and babies from 28 weeks of pregnancy through postpartum. SimpliFed’s Maternal Health Operating System (mOS) is more than just a platform: ? Remote patient monitoring for high-risk pregnancies ? Virtual lactation support to guide new moms ? Seamless integration with healthcare systems to scale care nationwide In a market representing a $12B opportunity, SimpliFed is tackling the $27B+ in unnecessary medical costs by bridging critical gaps, reducing waste, and improving outcomes—especially for women most impacted by social determinants of health. At The Artemis Fund, we believe in backing founders like Andrea, who are not just building companies—they’re building futures. We’re honored to be part of SimpliFed’s journey to make maternal health accessible, equitable, and empowering for all. Read more about our investment and why we believe so strongly in SimpliFed’s mission linked in the comments.

Texas women founders—this one’s for you! The Artemis Fund is proud to partner with HearstLab, Project W, and Brown Advisory to bring Founded in Texas back to Austin during SXSW for its sixth year. This event is dedicated to empowering women founders of B2B and B2B2C tech startups. Don’t miss your chance to receive valuable investor feedback, grow your network, and amplify your business. Applications are now open! More details in the comments.

Our LA community is on our minds, so we’ve rounded up a collection of resources that we hope can be helpful to those who have been impacted by the ongoing situation. Paloma’s auction benefitting the Black community impacted by the fires is open until 12pm PT today- https://lnkd.in/g8g7Kqtf The LA Regional Food Bank is accepting donations (both financial and essential items). You can find the full list of what they need here- https://lnkd.in/eHzJP3kE GoFundMe has created a centralized hub for campaigns related to the aftermath of the fires. They’ve also created the Wildfire Relief Fund, which will go “directly to people impacted who are seeking help through GoFundMe fund-raisers, and to nonprofit organizations on the ground providing relief.”- https://lnkd.in/evTKDNPU If you are in the LA area and can donate your time, here is a comprehensive list of volunteer needs- https://lnkd.in/gtK9-a-v Airbnb is partnering with 211 LA to provide emergency housing to those in need. You can complete an intake form here- https://lnkd.in/g58BNbrR Pasadena Humane has taken in over 700 animals impacted by the Eaton fire. You can donate here- https://lnkd.in/eZzuwG-m If you can foster or need additional resources for displaced pets, Best Friends’ Animal Sanctuary has a comprehensive list here- https://lnkd.in/gUe9f7wr We know there are many amazing organizations providing relief and support. If we missed one, let us know in the comments.

As 2024 comes to a close, we’re filled with gratitude and pride as we reflect on a transformative year of resilience, collaboration, and progress. Partnering with exceptional founders, forward-thinking co-investors, and mission-aligned LPs, we strengthened our commitment to building a top-tier seed fund driven by operational excellence and disciplined investing. The highlights: ?? Despite market challenges, we welcomed nine extraordinary founders leading five new companies into our portfolio, including reelist, SimpliFed, RollCredits, Gemist , and Builders Patch. These visionary entrepreneurs are reshaping industries from hiring automation and financial management to lactation support and multifamily housing finance. ?? Our robust 2024 pipeline spanned innovations across fintech, commerce enablement, and care tech. We’re closely watching pre-seed startups poised for their seed raises. If this sounds like you, reach out here: https://lnkd.in/gM5W4QNv ?? Venture capital is about relationships. In 2024, we deepened partnerships with Bienville, Entrada Ventures, Nosara Capital, Rethink Impact, LP, and Core Innovation Capital, raising $33M in co-investment this year alone to support groundbreaking founders. ?? We took our hunt outside Silicon Valley, investing in underrepresented regions like Norfolk, Virginia, and West Palm Beach, Florida. We believe the next wave of innovation can emerge from anywhere with the right support. ?? Our community-building efforts resulted in 26 events across nine cities, connecting 1,100 founders, investors, and partners. We learned that small, themed gatherings and mission-aligned collaborations create lasting value. ??In 2024, we launched the Artemis Warrior Guides, providing founders with best practices on everything from VC math and market sizing to scaling businesses. You can find those on Medium, and stay tuned for more in-depth guides and market insights in 2025. ?? With tighter capital markets, we doubled down on supporting founders with financial discipline and operational rigor. Founding and funding startups is never easy, but we’re proud to stand beside resilient entrepreneurs transforming industries. As we step into the new year, we remain committed to uncovering overlooked opportunities, de-risking early-stage investments, and building a world-changing seed fund. Thank you to the founders, co-investors, and LPs who made 2024 a year of growth and purpose. Here’s to building the future — together. Read our full year in review here: https://lnkd.in/gtHpbimw Stay in touch here: https://lnkd.in/gpgEaKjy

We’re honored to welcome our newest member The Artemis Fund to the ICM community! The Artemis Fund is named after the goddess of the hunt and champion of women and wild things. Artemis believes technology has the potential to sustain prosperity for all, but it’s not possible without diverse perspectives.?Artemis?leads seed rounds for diverse tech founders with wild ambitions in fintech, commerce, and care tech, building the economy of the future.? ? Welcome Diana Murakhovskaya, Stephanie Campbell, Adrienne Mangual, Rachel Mackey, Juliette Richert, and the rest of the Artemis team!??

Most people think they need to hire a lawyer to get a divorce. Erin Levine, CEO & Co-Founder of Hello Divorce, is working on overcoming this deeply rooted belief- and building trust in the idea that an online divorce can work. With 15 years of experience practicing law, Erin witnessed firsthand how the system was stacked against individuals—prolonging conflict, escalating costs, and creating unnecessary hurdles. Divorce cases become longer and messier because lawyers charge by the hour, leaving clients stuck in a cycle that drains both their finances and emotional well-being. Erin’s journey as a founder is a story of using technology and innovation to create meaningful change in an industry resistant to it. By challenging the status quo and providing a service that makes divorce less stressful and more affordable, she is helping reshape how people think about ending a marriage—and proving that opting out of the traditional system is not just possible, but often, a better choice. You can learn more about Erin and Hello Divorce on a recent episode of How I Built This with Guy Raz, linked in the comments. Plus, you'll find the why behind our investment to disrupt the state of divorce linked there too. #divorcesupport #caretech

I'm delighted to share my latest Forbes article, featuring the inspiring story of The Artemis Fund , a women-led VC firm that closed its $36 million second fund—at more than double the amount of its first fund. Stephanie Campbell and Diana Murakhovskaya shared how Artemis defied the odds in a challenging VC landscape, raising money from an impressive list of institutional investors proving that investing in female- and minority-founded tech companies isn't just impactful—it's smart business. Their portfolio companies from the first fund have raised $250 million in follow-on funding, a testament to Stephanie and Diana’s keen eye for identifying promising ventures. The article delves into Artemis's journey, its approach to supporting female founders, and the critical role of initiatives like State Small Business Credit Initiative (SSBCI) and its Initiative for Inclusive Entrepreneurship (IIE) in fostering a more inclusive VC ecosystem. If you're an accredited investor and want to learn about this asset class, Stephanie and Diana are happy to educate you. Check out the full article here: https://lnkd.in/e68sZX67 #WomenInVC #FemaleFounders #FoundersOfColor #VentureCapital #WomenInTech Leslie Goldman Tepper

We’re looking for a Freelance Designer/Creative with strong copywriting skills to create brand social content, website/blog and branded email content. You should have 7+ years of experience with consumer brands (parenting, lifestyle, fashion, or wellness a plus) and expertise in Instagram, website, and email content. Ideally the candidate would be based in/near Houston, though this is not a requirement. This role is up to 2 days per week. Hourly rate TBC based on experience. If you're passionate about creative content and brand storytelling, we'd love to hear from you!