Weekly Refresh: Women VCs Surge, Robocall Revenge, and More

The number of women VC partners just hit a historic high, plus more S.F. tech news you may have missed last week.

Written by Joe Erbentraut
Published on Feb. 17, 2020
san francisco
Photo: Shutterstock.

It was a busy week on the San Francisco tech scene, and one of the biggest topics of conversation was a new analysis from All Raise, an S.F.-based org working to support the efforts of women founders and funders.

The analysis found that the number of women VC partners hit a new record high in 2019. In fact, that number is up 37 percent from the previous year. Previously, the org also found that 2019 was a historic year for the amount of funding raised by startups with at least one woman founder on their team.

On the other side of the fence, 65 percent of firms the org analyzed didn’t have any women among their partners. Further, only two women of color were among the new women VC partners identified in the analysis, so the industry still has a way to go to be truly diverse and inclusive. [Medium]

Fertility tech on the rise: At a time when many couples are waiting longer before starting families, a spate of fertility tech companies are springing up to offer options that are more affordable and accessible to couples looking to have children. In San Francisco, these include Modern Fertility, Future Family and Carrot Fertility. [Built In]

FTC launching reviews: The FTC just announced it will be examining prior acquisitions made by tech giants including Alphabet, Amazon, Apple, Microsoft and Facebook. These mergers are often secretive and could potentially raise antitrust concerns. It remains to be seen what the immediate impact of these reviews will be. [CNBC]
 

These 5 San Francisco Companies Raised $145M+ Last WeekFunding Updates


A fresh coat of paint: Tech veteran software engineer Leah Culver is buying one of the city’s most iconic Painted Ladies, and plans to fully renovate it in a process she will also document for social media. She bought the home for $3.55 million, well over its asking price of $2.75 million. [Business Insider]

State’s gig worker law remains in effect: A judge just denied Uber and Postmates’ request for an injunction that would have allowed the companies to temporarily ignore AB 5, the state’s new gig worker law, while their lawsuit against the state winds its way through the courts. The companies are now reportedly weighing their options for an appeal. [CNET]

He wants revenge: Joshua Browder, the CEO of DoNotPay, just launched Robo Revenge, a new service he says will allow users to receive up to $3,000 for each robocall they receive. Sign us up! [Silicon Valley Business Journal]

Going (very) tiny: Atlassian’s San Francisco office features a miniature Golden Gate Park among its amenities and peculiarities. We recently got a tour of the space, which spans five stories and is where 550 of the company’s employees are based. [Built In]

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