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Chelsea Clinton has launched her own venture capital fund called Metrodora Ventures, ending speculation from earlier this summer about her potential transition into the world of startup investing.
Clinton’s office confirmed her new role as co-founder of the company, alongside Caroline Kassie, a partner at venture capital startup Blockchange Ventures. Per Metrodora’s Twitter bio, the fund will focus on “health and learning businesses,” two sectors closely tied to Clinton’s own advocacy work and professional life.
What’s more, the firm’s first publicly announced investment is Fiveable, an edtech startup that offers online classes and livestreams to students preparing for AP tests. The company, founded by 30-year-old former high school history teacher Amanda DoAmaral, aims to redress educational inequities by providing a learning space and shared community for students outside the traditional classroom.
“As we launch Metrodora Ventures, we’re thrilled to be supporting a leader like Amanda, whose passion for democratizing access to high quality education is at the core of every decision, and a company like Fiveable that fosters creativity and critical thinking for students inside and outside the classroom,” Clinton said.
Her office also confirmed to Business Insider that Metrodora has another investment in its portfolio: pregnancy support app Poppy …read more
Source:: Businessinsider – Tech