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Chronicles

The story behind the story

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Female VCs from All Raise team up with ~120 successful female entrepreneurs across the US to mentor the next generation of female founders

Biz Carson / Forbes :

Forbes Biz Carson

Context & Ripple Effects

This mentorship program is the second structural move by the same group within a week: after 36 female VCs launched All Raise with targets of lifting women's share of funding and doubling female partners at firms, they are now adding operators to the effort. It also scales up the format pioneered by Female Founder Office Hours, where Sequoia, Cowboy, and Benchmark investors advised women entrepreneurs at one-off events.

First-order effects

  • Roughly 120 accomplished female entrepreneurs across the US gain a formal role advising the next cohort of founders, giving All Raise an operator bench alongside its investor membership rather than investor-only advice.

Second-order effects

  • VC firms competing for the same deals get a warmer, better-prepared pipeline of female founders, turning mentorship into de facto deal-sourcing infrastructure for the All Raise members' funds.

Third-order effects

  • If the model holds, founder-to-founder mentoring becomes a standing institution in venture rather than episodic office hours — the same institutionalization that later showed up in All Raise's own tracking, which found the share of US VC firms with a female partner had doubled since 2018 (per its 2024 progress report).

The trend: Women in venture are shifting from one-off advisory events to permanent institutions — networks, benchmarks, and mentorship pipelines — that compound over years.