The rapidly growing network of powerful women will use the new investment to fast-track digital platform, expand membership services, and accelerate growth
Chief, the private network driving women into leadership positions and keeping them there, announced it has secured $15 million in new funding from all existing investors, including General Catalyst, Inspired Capital, GGV Capital, Primary Venture Partners, Flybridge Capital and BoxGroup. This latest round of funding brings Chief’s total funding to $40 million.
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“We’ve always described ourselves as a community that happens to have a space, not a space that a community is built around”
Chief unites leading women in business to create successions of power by facilitating deep connections across roles and industries. Thousands of senior executives in New York, Los Angeles and Chicago have joined, representing companies including Google, IBM, HBO, Chobani, Walmart, Visa, Teladoc, Doctors Without Borders and The New York Times.
“When we founded Chief, we set out to create a community that would support women leaders for their lifetime, even through global disruption,” said Carolyn Childers, co-founder and CEO of Chief. “When you surround yourself with peers who are equally qualified, intelligent and capable, the impossible suddenly becomes possible. In an uncertain world, we have never been more certain about the power of community to drive meaning, support and connection. Chief was built for this moment.”
Now, more than ever, Chief is doubling down on its commitment to connect, support and inspire powerful women leaders. This mission is resonating deeply with members as they forge together to navigate critical and unprecedented business decisions during unexpected circumstances.
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“The loyalty of the Chief community and the demand for membership driving the company’s growth, are striking,” said Ken Chenault, chairman and managing director, General Catalyst. “Carolyn and Lindsay remain ambitious in their approach as they embark on expanding Chief to meet the evolving needs of its members, including through Personal Executive Coaching, the Chief Hiring Board and virtual offerings to stay connected. We’re proud to continue to support Chief as they execute on scaling their mission.”
“Women can be extraordinary allies for each other, and this is magnified in greater numbers,” said Robin Li, Principal at GGV Capital, a Founding Chief Member who joins as Board Observer. “I’ve been a part of Chief since the beginning, and in no time I’ve watched this community create and pull levers of power for real progress. There’s an energy that’s kinetic and enduring, especially in the most challenging times.”
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