Washington is an active angel investor (since roughly 2021) who backs early-stage, mostly female- or diversity-led consumer and health startups, often adding an advisory role.
- When
- Participated in the $45 million Series C announced May 2022, co-led by Acrew Capital and Corner Ventures. She came in through a $3.4 million special purpose vehicle the company created specifically for female investors — 75 of them, 60% women of colour.
- Why
- The SPV existed to diversify Solv's cap table; individual cheques in it ranged from $1,000 to over $1 million, and hers was not broken out.
- Status
- Private. Other named SPV investors included Katrina Lake, Toyin Ajayi and Jennifer Tejada.
Solv via PR Newswire, 2022 ↗TIME Women of the Year, 2022 ↗Full Kerry Washington profile →