
HearstLab
Description
HearstLab is a unique venture equity fund operating under the umbrella of Hearst, the global media, information, and services company. Established with a clear mission, HearstLab focuses exclusively on investing in early-stage, tech-enabled startups led by women. This strategic alignment with Hearst's vast resources provides portfolio companies with not only initial capital but also unparalleled access to Hearst's expertise, networks, and operational support across its diverse businesses, including publishing, broadcasting, and business information. This integrated approach aims to accelerate the growth of its portfolio companies by leveraging Hearst's extensive market reach and industry knowledge.
The investment model of HearstLab is characterized by its hands-on support, extending beyond mere capital injection. Beyond the financial investment, companies gain access to dedicated office space within Hearst's facilities, mentorship from Hearst executives, and opportunities for strategic partnerships and pilot programs with Hearst's various divisions. This comprehensive support system is designed to address common challenges faced by early-stage startups, particularly those led by women, fostering an environment conducive to rapid scaling and market penetration. HearstLab's sector interests are broad, encompassing areas such as adtech, fintech, health tech, enterprise software, and consumer applications, often aligning with Hearst's core business interests.
HearstLab typically provides an initial investment ranging from $100,000 to $250,000, tailored to the specific needs and stage of the startup. As of early 2023, HearstLab has built a robust portfolio of over 50 companies, demonstrating its commitment to fostering innovation and diversity within the tech ecosystem. Notable investments include companies that have gone on to raise significant follow-on funding or achieve successful exits, underscoring HearstLab's effectiveness in identifying and nurturing high-potential ventures. The fund's strategic location in New York City, combined with its global parent company, positions it as a significant player in the early-stage venture landscape for women-led businesses.
Investor Profile
HearstLab has backed more than 72 startups, with 5 new investments in the last 12 months alone. The firm has led 17 rounds, about 24% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, The Netherlands, United Kingdom.
- Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
- Led 3 rounds in the past year.
- Typical check size: $100K – $250K.
Stage Focus
- Seed (51%)
- Pre Seed (15%)
- Series A (13%)
- Series Unknown (10%)
- Series B (6%)
- Convertible Note (3%)
- Series C (1%)
- Grant (1%)
Country Focus
- United States (85%)
- The Netherlands (6%)
- United Kingdom (4%)
- Spain (3%)
- Saudi Arabia (1%)
- Portugal (1%)
Industry Focus
- Software
- Health Care
- Artificial Intelligence (Ai)
- Saas
- Information Technology
- Wellness
- Apps
- Marketplace
- Fintech
- Medical
Frequently Asked Questions
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