televëda wins Startup Runway Edition #9 Community Grant Presented by American Family Insurance Institute

September 5, 2020

televëda is proud to announce our win of Startup Runway Edition #9 Community Grant Presented by American Family Insurance Institute. Judged by active venture capitalists from a variety of sectors, Startup Runway Edition #9 saw many submissions from organizations led by people of color.

Startup Runway was founded in Atlanta, created to make a space for organizations lead by unrepresented individuals. Startup Runway explains: "There were lots of pitch events for particular type of founders–African American, Latin American, LGBQT, women . . But my experience was, 'female founder pitches' and 'pitches for black founders' and so forth were often non-competitive. The hunger and ambition for excellence driving so many founders didn’t find outlets in those kinds of onramps. They were more inspirational events. Yet in traditional venture events, built by a 95% white male venture capital elite, the culture gap was just too great for founders like women, who have access to 70% of the capital men do, or for people of color. Black families on average have 1/10th the wealth of white families. For underrepresented founders, traditional investor pitch competitions are like asking startups to achieve lift-off from an untended gravel road." So, they decided to pave a runway.

Receiving this community grant has allowed televëda to continue working on their mission: to help organizations create, build, and grow safe and accessible virtual programs that reduce social isolation and promote healthy living.

A special thanks to both Startup Runway, the judge, and the American Family Insurance Institute for making this all possible! For a video of the pitch, check out this link here.

from PRESS

Related posts

televëda's mission is to design solutions that alleviate social isolation.

HomeAboutEmpowered LivingSocial Isolation
Editorial
FAQs
Press
Case Studies
Careers

info@televeda.com

833-299-1449 (Toll Free)