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Pivotal Ventures focuses on advancing social progress in the United States by investing in and incubating initiatives that address societal challenges. The company identifies areas where progress has stalled, such as gender equality and aging, and partners with organizations to create positive change. Pivotal Ventures combines funding with mentorship and resources to support the growth of social enterprises and non-profits. Unlike traditional investment firms, it emphasizes both financial returns and social impact, allowing it to reinvest in new opportunities. The goal of Pivotal Ventures is to remove barriers to social advancement and foster sustainable solutions that improve people's lives.
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Melinda French Gates’ new book, “The Next Day,” describes major challenges the philanthropist has confronted over the course of six decades. (Photo of Gates by Jason Bell)Yes, Melinda French Gates has an estimated net worth of nearly $30 billion, runs an organization with ambitious goals to improve the lives of women globally, and formerly co-led the world’s largest private philanthropy — the Gates Foundation — with her now ex-husband Bill Gates.And no, most of our lives look almost nothing like hers at first glance.But French Gates’ new book, titled “The Next Day,” feels surprisingly relatable as she describes major challenges she has confronted over the course of six decades, providing her insights and self-reflections on how she navigated the experiences and what she learned from them.The book, which comes out today, reads like a long conversation with a good friend who gives some gently offered advice that you might just want to consider if facing your own insecurities, parenting self-doubts, the slowly unfolding death of a loved one, and denial about an unraveling relationship.“The Next Day” is not a tell-all — there are no sordid details about her divorce and its fallout — but instead discloses her emotional struggle to accept the inner voice telling her that Gates “had betrayed not only our marriage but also my values.” She recounts an ugly cry, alone in the car, listening to Willie Nelson, after delivering her decision to leave the marriage.In a GeekWire interview ahead of the book’s release, French Gates said she felt compelled to write the slim volume after giving the commencement address at her youngest daughter Phoebe’s graduation from Stanford University last June, where she foreshadowed the book’s themes of how to handle transitions and the importance of your actions after that moment of inflection.French Gates, who grew up Catholic, throughout the book incorporates ideas and writings from wide-ranging poets, authors and religious leaders to whom she has turned for grounding and guidance. She practices meditation, promotes therapy, and urges readers to not rigidly pursue goals or strive for perfection.One of French Gates’ own “next day” realities was leaving the Gates Foundation last May and shifting her professional focus to Pivotal Ventures, a company that she founded in 2015. Pivotal works to support nonprofits, leaders, policies and startups striving to promote social progress.It’s French Gates’ first sole leadership role of a multi-billion dollar organization after nearly 25 years of jointly leading the foundation.“I feel like I’m walking and talking my values … I’ve said this for a long time, that a woman should have her full voice, her full decision-making authority, and her full resources that she can put to use in any way she wants,” she told GeekWire. “And so I’m now doing that.“I’m speaking my truth in society fully. I’m using every tool in my toolbox — investments, advocacy, philanthropic dollars — in ways that I think will advance society and make it better for all of us as families, and so that feels good,” she continued
Tech-enabled maternity clinic company Millie announced that it raised $12 million in Series A funding co-led by TMV and Foreground Capital, with significant participation from Pivotal Ventures and the March of Dimes Innovation Fund.
Melinda French Gates. (Jason Bell Photo). Melinda French Gates is giving $150 million to a variety of groups to help remove barriers for women in the workplace, including in the tech industry and the rapidly growing field of artificial intelligence.The announcement Wednesday from French Gates’ Seattle-based Pivotal Ventures is part of the billionaire philanthropist’s prior commitment to grant $1 billion to programs and people working on women’s and family issues.In a video on the Pivotal website, French Gates said that while women’s representation in the workforce has increased substantially over the last few years, significant barriers — such as lack of caregiving and ongoing discrimination — continue to hold women back from truly thriving at work.“As it stands, the modern workplace simply wasn’t built with women in mind. And it’s time for that to change,” she said.AI and tech innovation are a key focus of the change that French Gates believes is needed.According to Axios, $45 million will go toward increasing women’s representation in AI and tech through groups such as the Center for Inclusive Computing, Rewriting the Code and Break Through Tech AI.“AI will continue to have a growing and disproportionate impact on society, and we want to build the pipeline of women leaders shaping AI and ensure companies deploying AI are maximizing its benefits and minimizing its harms,” Dr. Renee Wittemyer, vice president of Program Strategy for Pivotal, said in an interview published on the website.Wittemyer added that there are opportunities to leverage AI to remove workplace barriers for women as it is integrated into HR systems and other practices.The Aspen Institute will get $75 million to establish a workplace innovation council, according to Axios, and other groups will share $30 million, including Lift Our Voices, Management Leadership for Tomorrow, National Partnership for Women Families, Responsible Innovation Labs, and Women and Public Policy Program at Harvard Kennedy School.Here’s the transcript of Gates’ video announcement on Wednesday:. “Women’s representation in the workforce has increased substantially over the last few years
Get ready for TechCrunch Disrupt 2024, our signature event for startups of all stages, taking place at Moscone West in San Francisco from October 28-30. This year, we’re expecting a massive turnout of 10,000+ leaders from the startup, VC, and broader tech community.As part of the program, we’re thrilled to unveil the complete agenda for the Disrupt Stage, with some of the big names in tech that have dominated — and continue to dominate — the news cycle this year. Hear from the CEOs of General Motors, Databricks, and Wiz; investors Vinod Khosla, Ashton Kutcher, Tony Fadell, and Erin and Sara Foster; and former NFL player and founder Colin Kaepernick. The Disrupt Stage is the culmination of months of hard work and is just one of six stages featured at this year’s jam-packed event.No TechCrunch Disrupt is complete without the return of the legendary Startup Battlefield. This year’s hand-picked Startup Battlefield 200 will not disappoint. Head to the Expo Hall for the finest display of early-stage startup innovation you’ll ever find under one roof
Education Cannot Wait Executive Director Yasmine Sherif Statement on the International Day of Women in DiplomacyNEW YORK, June 24, 2024 /PRNewswire/ -- As a woman, as a lawyer, as a mom, as a civil servant, and as a member of #WeTheWomen, I celebrate the International Day of Women in Diplomacy, with the hope that our commemoration turns into collective action not only by women, but also by men. Women bring vision, leadership and compassion in all domains of life. We are trailblazers, rebels with a cause and peacebuilders. We help shape a world order based on universal human rights and values. We the Women was launched along the margins of the 2023 SDG Summit by the United Nations Deputy Secretary-General Amina J. Mohammed and H.E
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Industries
Venture Capital
Social Impact
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Seattle, Washington
Founded
2015
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