Backbone Angels
@backboneangels
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Investing in women and non-binary founders. All the vent sessions with 10 of the country’s best operators.
Joined March 2021
Happy International Women's Day from our team! As we celebrate our 3rd anniversary, we are proud to stand with and support the incredible women founders in our portfolio who inspire us every day. Let's continue to fund and empower women to achieve their full potential. #IWD2023
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Announcing the release of our annual report on angel investing in Canada. This 232 page report analyzes Canadian angel investment totaling $262.1 million and features 27 women trailblazers at the forefront #BuiltbyAngels #WomenEntrepreneurs 🇨🇦 https://t.co/bGrpOF83hf
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And of course finally meeting @backboneangels founders IRL was a highlight! Fireside chat with @rachren1 about her journey from designer to founder and the impact of @wethosco. You’ll want to watch her and the team eat the market #designconf
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.@1Password has hired its first chief legal officer, adding former @Shopify VP and Assistant General Counsel Erin Zipes (@erinjz) to the password management firm's leadership ranks. #CDNtech
betakit.com
Toronto-based password management app 1Password has hired its first chief legal officer, bringing former Shopify VP and Assistant General Counsel Erin Zipes into the startup’s fold.
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catch me in NYC next week with @konval, an absolute mastermind from @Shopify / @backboneangels and a @wethosco angel investor! by the time we're done with ya you'll be convinced that designers are the next generation of startup founders
Hey, Wethos fam! Be sure to catch our fearless leader @Rachren1 at the #DesignConf going down June 9 - 10 in NYC! 💜 Learn more here: https://t.co/7SArGLCJYB
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Congrats to @Preql_ team on their raise to help businesses get real value from their own data! @gabisteele & Leah Weiss are such a focused & experienced team for tackling this!Honoured to see it first hand as an angel along with @amitkarp @BessemerVP & rest of their investors.
.@Preql_ co-founders and co-CEOs, @gabisteele & Leah Weiss, are changing the modern data stack to help business users manage their own logic for reporting ✍️ And we’re proud to lead their Seed round 🌱 @ron_miller has the story 👇 https://t.co/xsv25GPJm1
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Congratulations, team @joinwavy !
.@joinwavy has raised $2.5 million CAD from @LaconiaCapital, @GarageCapital, @twosmallfishvc, @ArchangelFunds, @backboneangels, and others to fuel the development of its culture management platform. #CDNtech
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One year after launching @backboneangels the group of current and former @Shopify leaders are proving there is a market for investing in founders who are often overlooked.
betakit.com
One year after launching Backbone Angels, the group of current & former Shopify leaders are proving there is a market for investing in often overlooked founders.
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Sharing this platform with our portfolio companies. A happy #iwd indeed. Though we hear through the grapevine we may be seen on televisions across the country this evening. Wish us luck! 🙏🤞🇨🇦 @aratisharma @bunnyghatrora @swati_matta 👏
On #IWD22, my story about efforts to close the funding gap for female entrepreneurs... Thanks for your thoughts @aratisharma @bunnyghatrora @swati_matta @KimdeLaat
https://t.co/boUqA5n3eD
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“I will always have a special appreciation for BC tech. It brings me great joy to see us investing here. There’s some strong momentum coming out of the pandemic and as a part of Backbone I plan to play a part in its future success.” @lynseythornton 🇨🇦
Backbone Angels Celebrates One Year Of Funding And Empowering Women Entrepreneurs @backboneangels @lynseythornton #IWD #IWD2022
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“It really is incredible how many ideas (there are) and people who want to put it all on the line,” Clark said. “It took us weeks to dig out of the first wave of responses and then we got into our groove.” @atleeclark P.S. we’re hiring! https://t.co/LqRtctrfdc
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“It drives me mad when people say, ‘that’s such a nice initiative.’ It's not a nice initiative, there isn’t anything nice about it. We see value there that we think other people haven't seen; if other people want to overlook that value then their loss is our gain” @lynseythornton
😇Just one year after launching, the investing collective @backboneangels, who met working at @Shopify, is already looking to increase its impact in 2022:
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Thank you @megesimpson @BetaKit! 🇨🇦🙏
“Turns out, women are still grossly underfunded. We didn’t think it would be a big deal when we launched, but it ended up creating a lot of momentum.” - @aratisharma of @backboneangels
https://t.co/J5WkLlkH28 via @BetaKit
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“The goal, members of the group told Insider, is to bring opportunity to those who typically get left out due to implicit biases and lack of opportunity.” Thank you for sharing our story, @MadelineLStone @BusinessInsider!
A group of female Shopify employees are using their know-how and "deep pockets" to fund women-led startups with @backboneangels. They invested $2.3 million in their first year. https://t.co/6GvGYt6FJB
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Starting today, we’ll have multiple active submission periods a year where founders can submit their business for Backbone to review and consider investment. Apply today or share with the women and non-binary founders in your network:
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The best part yet—we’re just getting started. We found from our year in review survey that over 56% of our founders are women of colour. While we’re proud of that number, we know it isn’t just about checking off a box. That’s why we’re iterating on our application process 👇🏾
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Over 72% of our portfolio founders are first time entrepreneurs, a stat we were thrilled to see. We know it’s much easier to be funded if you’ve done it before. And our investments were across all stages of businesses.
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On this day last year, we officially launched Backbone Angels to the world. #IWD With a big mission to help close the funding gap for women founders, we’re proud to share that we’ve backed 42 companies and invested over $2.3M USD in just one year.
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When being an avid user and referrer isn’t enough… you join in the @1Password Series C with @backboneangels. Congrats to the 1Password team, stoked to be a part of this journey 🚀
1Password has raised a massive $620M Series C round — now valuing the company at $6.8B — after riding the remote work and cloud adoption wave.
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