Golden Seeds, one of the first and most active female-focused investor networks, has opened for business in Atlanta. This is the New York-based group’s sixth office and its first in the south.
“Golden Seeds has been watching the Atlanta market for a few years,” said Golden Seeds Managing Partner Loretta McCarthy in a blog post. She cited figures showing that, in 2017, Georgia saw its highest level of venture capital funding in almost two decades, as well as an analysis declaring Georgia the number-one state for women entrepreneurs.
Golden Seeds was founded in 2005, at a time when female entrepreneurs represented less than 3 percent of total early-stage funding. They have a highly-active venture capital arm — over three funds, Golden Seeds Ventures has closed the second-most number of deals backing female-founded companies, according to Pitchbook — as well as an angel network and a Knowledge Institute that trains future investors.
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