Chief secures $100M Series B funding; valued at $1.1 billion

chief

A $100m Series-B funding was secured by Chief, a NYC-based private network, which was created to push more women into power and keep them there.

CapitalG was the lead investor. Other investors included GGV Capital, Inspired Capital and General Catalyst. Laela Sturdy, General Partner at CapitalG, will join the Chief’s Board of Directors.

The company plans to use the funds for its community platform, to create more personalization to foster more impactful connections among peers and to provide business insight, to develop new products and to focus on diversity, equality and inclusion in executive leadership. It will double its grant program to support executives who are underrepresented and commit $1 million annually to non-profits that align with its mission

Chief, founded by Carolyn Childers in 2019, provides women leaders with a trusted support network, peer-reviewed community, and business-critical insights that will help them to grow their leadership skills and influence others. Change the face of leadership

The Chief network is where members can cross-pollinate ideas, connect with peers across America, and Core, which are curated peer groups led by an executive coach. Chief members are also invited to exclusive conversations with industry icons including Indra Nooyi, Ursula Burns, Sara Blakely, and Stacey Abrams, as well as workshops with renowned academics on topics driving today’s boardroom.

The company’s 12,000+ senior executive members represent more than 8,500 companies including HBO, American Express, Nike, Google, Goldman Sachs, NASA, Chobani, Pfizer, Harvard University, Apple, The New York Times, Delta Air Lines, U.S. Department of Justice, Spotify, NRG, Accenture, Yum! Brands, Chanel, Allstate, CBRE, Ford Motor Company, Netflix, Doctors Without Borders, IBM, Fidelity, Walmart, Novo, Marriott, Aspen Institute, Johnson & Johnson, and Lockheed Martin.

 

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