- Chelsea Clinton is reportedly forming her own venture capital firm, according to a report from Axios.
- The firm, called Metrodora Ventures, was registered in April and has its own Twitter account, though it’s still in its early stages and Clinton hasn’t decided whether to commit to the firm full-time, Axios reports.
- On Twitter, Metrodora Ventures describes itself as “a values conscious venture capital firm focused on health and learning businesses.”
- A spokesperson for Clinton did not immediately respond to Business Insider’s request for comment.
- Visit Business Insider’s homepage for more stories.
Chelsea Clinton is reportedly entering the venture capital scene.
That’s according to Axios’ Kia Kokalitcheva and Dan Primack, who reported Thursday morning that Clinton is in the “very early stages” of forming a new fund called Metrodora Ventures, named after one of the first women to write a medical text.
Axios reports that Clinton is still determining whether she wants to become a full-time VC, but noted that the name of the fund was registered in April, there’s a draft pitch deck being passed around, and Metrodora Ventures has its own Twitter account, created in July.
On Twitter, the firm describes itself as “a values conscious venture capital firm focused on health and learning businesses.” According to Axios, Clinton has committed to personally investing in two startups, including Poppy Seed Health, an app that connects pregnant people with nurses, midwives, and doulas for 24/7 support. Those investments would be rolled into the fund, Axios reports.
A spokesperson for Clinton did not immediately respond to Business Insider’s request for comment.
Clinton is currently vice chair of the Clinton Foundation and a public health expert, teaching at the Mailman School of Public Health at Columbia University. Clinton has been involved in investing and startups in the past: She worked at $12 billion hedge fund Avenue Capital, launched a professional development network for female entrepreneurs working in renewable energy, and currently serves on the boards of IAC, Expedia Group, and telemedicine startup Nurx.