News

Citrine Angels is proud of what we have accomplished in 2024 - none of which could be possible without the support of our wonderful members and our supportive partners! 

• We invested $431,200 in women founders, which brings our total amount invested to over $1.5 million since our 2019 inception. 
  
• We received over 300 applications from startup companies with 54 of those applicants selected to participate in pre-pitch meetings. This resulted in 9 investments being made and 4 new portfolio compa…

Today, we are thrilled to announce a new partnership with Okeanos. Centered around a joint vision of supporting more female-founded startups and making venture and angel investing more accessible, Citrine and Okeanos will join forces to fund more women entrepreneurs and expand investment opportunities for women nationwide. 

Okeanos, formerly Riverbend Capital, is a venture capital firm consisting of 100+ members nationwide that invests in early and growth stage technology company. They are comm…

2023 was a banner year for Citrine Angels! So many exciting opportunities have come our way, and we couldn’t have done it without all of you – members, sponsors, community supporters, and entrepreneurs alike.

We gained more than 25 new members, with our membership total surpassing 60 women. Our members come from as far away as Oregon and as close by as Washington, DC. Each and every one is a dynamic woman investor who contributes to our network by participating in pitch meetings and social even…

Citrine Angels is included in a new groundbreaking documentary highlighting the need to support female founded startups!

In the realm of angel investing, where emerging entrepreneurs seek financial support from experienced backers, there's frequently an aspiration to unearth the next groundbreaking venture. Angel investors play an essential part in fostering startups, and within the domain of angel investing, an increasing awareness has emerged that diversity and inclusivity are vital elements …

CITRINE ANGELS INVESTS $1,000,000 IN FEMALE FOUNDED STARTUPS

WASHINGTON, DC – October 19, 2023 - Citrine Angels (Citrine), the premiere female-focused angel investment nonprofit organization in the Washington, D.C. region, announced today the organization has invested more than $1 million USD in female founded companies since its inception in 2019. The investments, averaging more than $50,000 each, were made in 18 startups by more than 40 women, many of whom were first-time investors. 

“Our or…

On July 18, Citrine Angels hosted a happy hour and educational workshop at Hera Hub DC. Over 30 members and guests joined for an informative workshop from Dr. Louise Klein on “Assessing Entrepreneurial Leaders.”

Citrine co-founder Allyson Redpath opened the event with a brief introduction to the history of Citrine Angels. Having moved here from New York and noticed women were sidelined in venture-backable angel investing, she created Citrine to give female founders and funders a space to grow a…

Please join Citrine Angels for a workshop on July 18 featuring business psychologist Dr. Louise Yochee Klein. This event is open to members and those interested in learning more about Citrine Angels! Members are automatically registered, and others in the angel investment ecosystem can request an invitation by registering at this link.

Assessing Entrepreneurial Leaders: Best Practices to Invest Smarter in People

Ever wish you could better predict how successful entrepreneurs will be? Business …

On April 19th, Citrine Angels, in partnership with Blu Venture Investors, held a happy hour and panel discussion at Refraction DC. Members gathered to learn more about the intricate processes that occur after an angel investment is made, including how to optimize taxes and how to stay engaged in follow-on rounds. The event was moderated by Citrine Board Member Dr. Kimberly Lumpkins, Chief of Pediatric Surgery at the University of Maryland School of Medicine. Featured panelists included Kim Nguye…

It’s January, and for many of us, that means it’s time to look back on 2022 as we forge ahead into 2023. 

Deal flow, one of the focal points of the Citrine Angels organization, was certainly a high point for us last year. Our Deal Flow Committee – headed by chair Michelle Olenoski and ably assisted by fellows Vivian Chu and HanhLinh Ho Tran – brought our members exciting new angel investment opportunities throughout the year. 

In total, we invested more than $220K in five diverse women-founded…