Velents is proud to announce the successful closure of a special investment round with Women Collective.
This round marks a number of significant milestones and supports our mission to reshape the future of work through cutting-edge AI technology.
This round is particularly noteworthy for its innovative approach to promoting gender equality in the investment landscape.
By offering preferential terms and valuations for women investors, Women Collective and Velents AI set new standards in wealth creation for women whilst ensuring their significant presence on the cap table of a male-founded business.
Key Highlights
Major participation from women investors: over 80% of the funding came from women, diversifying the investment community.
Empowering women in tech: this investment round is a testament to Velents’ dedication to fostering gender diversity and inclusion within the tech industry.
Velents is leveraging artificial intelligence to enhance organizational productivity, starting with Velents Hiring, our flagship product.
This infusion of capital will propel our mission to innovate and lead in transforming workplace dynamics and efficiency.
“We are thrilled and honored by the overwhelming support from our existing investors and the Women Collective in facilitating this round.
This investment is not just funding; it is a validation of our vision and a step forward in creating a more inclusive investment ecosystem,” said Mohamed Gaber, Co-Founder of Velents .
Romanna Dada, Founding Partner of Women Collective said the following: “This investment round marks a crucial step towards gender equality in the investment landscape and serves as a significant testament to the forward-thinking founders at VelentsAI, who are leading as pioneers in this journey.
I anticipate that this will pave the way for many others to initiate similar rounds, allowing us to showcase the power of women in enhancing revenue, profitability, and growth for VelentsAI as it fosters innovative solutions that drive positive change.
This is the second investment in one month as part of a commitment to focus on deal-making.
Think of Women Collective as a replacement for an MBA through real execution experience.”
Samar Hasan, the first angel to invest from Pakistan said: “As a passionate advocate for gender equality and a firm believer in the transformative power of emerging tech, I am thrilled to be part of this investment round with Velents AI.
This investment also marks a major milestone for Women Collective since it is our first technology investment collectively as a group of powerful women investors, many of whom are investing for the first time, and I expect this to inspire many others to follow suit, showcasing the true potential of women-led investments.
” Velents is an innovative AI company offering a diverse range of products designed for various applications.
Initially focused on hiring solutions, Velents is now expanding its portfolio of products to enhance companies’ experiences and operational efficiency across multiple industries.
Women Collective is led by experienced female investors prioritising outsized returns by investing in high-growth companies which are impact-driven.
Women Collective offers access to deals at lower-than-market valuations, seeking to foster wealth among women.
This methodology is underlined by the statistics that only 11% of key decision makers at private equity and venture capital funds globally are women and that firms with gender-diverse leadership are more likely to invest in startups with at least one female founder.
As female investors generate further wealth they become more active investors in reversing these dire statistics.
Membership is referral-based providing access to outsized financial returns, learning and development, access to a network and support.
Romanna Dada was recently announced as a Shark in Shark Tank Pakistan, a multi-exited founder, active investor and the the Managing Partner of new Wellness group, Balance, launching 15 culturally-inspired salons and wellness centers in the UAE, KSA and Qatar.
