Serena Williams Joins Bumble Fund
Serena Williams is joining Whitney Wolfe Herd as an investor and active member of the Bumble Fund, the dating app’s fund that primarily backs startups led by women of color. Williams' fund, Serena Ventures, has invested in over thirty companies by focusing on underrepresented founders or problems. She joins actress Priyanka Chopra as a high-profile investor and advisor to Bumble. But while Williams is working with the Bumble Fund, Chopra in October invested in Bumble itself and advised the app on its expansion to India. Bumble says that both women are global advisors to the company as it grows, for now, focused on their separate areas. Bumble did not disclose the size of Williams’s investment and the size of the Bumble Fund. She also serves on the boards of the tech companies Poshmark and SurveyMonkey. “I am passionate about building on this progress and opening doors for women of all backgrounds, especially women of color, to share their message and trust in their potential to accomplish great things,” Williams said in a statement. “By joining forces with the Bumble Fund, we will continue amplifying female entrepreneurs and creating a place for them to personally and professionally champion their growth.” More here.