🔥 Stay Ahead of the Game: Insights on the Aging Market, Q1 Startup Trends, Venture Debt, Funding, and More
​This is a bi-weekly newsletter of curated actionable insights and resources for underestimated founders, funders, and friends.
The world is aging, and it's bringing immense challenges and opportunities for all of us. I recently read two books that highlight the realities of aging: "Midlife Bites: Anyone Else Falling Apart, Or Is It Just Me?" by Jenn Mann and "I Feel Bad About My Neck" by Nora Ephron. These books cover topics such as body pains, aging gracefully, loneliness, incontinence, and reaching an age where you don't care anymore. While the last part may sound relieving, the fact remains that the aging population presents massive challenges to solve, with 10,000 Americans turning 65 every day and 1 in 6 people worldwide aged 60 or over by 2030. There will be 2.1B people over 60 by 2050. However, this demographic presents a huge market opportunity for startups to create services and products that positively impact the elderly and their families.
The aging community is facing skyrocketing healthcare costs, and 77% of Americans risk running out of retirement money too soon. Medicare doesn't cover long-term care support, leaving 3 out of 4 older adults wanting to remain in their homes without adequate support. The majority of caregiving for older adults is provided by family caregivers, which is worth $600 billion worth of unpaid care. The care economy is worth a staggering $648 billion, $100 billion more than the pharmaceutical industry. These numbers demonstrate the huge need for innovative solutions in aging, longevity, and care. So, if you're building a pre-seed or seed-stage startup in the aging, longevity, and care market and serving our aging communities, let us know at ganas.vc.
🎉 Big shout out to Kindra (port co) and Elektra (port co) for helping the perimenopausal and menopausal community of women out there, and Zocalo Health (port co) for helping bring affordable health care for Latinos of all ages - including the elderly!
​​​​​​​​✨ Lolita Taub, GP at Ganas Ventures | twitter | lumaÂ
Recently in Forbes, Nasdaq, Techcrunch, Signature Block, Levantando, 500 LATAM
​​​​​​​Congrats
Mariana Donangelo and Angie Udry of Kaszek Ventures for raising $975M in their 6th and opportunity fund. Maha Ibrahim and Canaan for raising $850M across their 13th and opportunity fund. Jomayra Herrera and Reach Capital for raising $215M for their 4th fund. Jenny Fielding for raising $25M for Everywhere Ventures. Kendrick Nguyen of Republic (port co) for launching Republic Note, a digital security. Erik Cárdenas and Mariza Hardin of Zócalo (port co) for partnering with Mark Cuban's Cost Plus Drugs company. Calanthia Mei of Masa Finance (port co) for getting into Binance's highly selective Most-Value-Builders Accelerator. Roby Peñacastro and David Villa of Leadsales (port co) for getting into Platzi's Startups LATAM 2023 program.
​​​​​​​Sponsored | ​​​​​​​Miami founders, funders, and friends: you're invited to the Miami Ganas meet-up on April 20th. We aim to make new friends and meet with founders to back.
​​​​​​​Funders
​​Pitchbook | Discover Q1'23 stats on deal count and vc fund fundraises
Carta | Explore Q1'23 trends in in startup pre-money valuations
FirstMark | Get the 2023 ML, AI, and Data Landscape map
​​​​​​​Startup-Investor Matching Tool | VCs: meet thesis-aligned underrepresented founders
​​​​​​Sponsored | Underestimated founders, funders & friends: welcome to the Ganas Ventures Expert Series show, where we aim to help you on your startup-investor journey to success! RSVP and join talks with industry experts whose backgrounds include Gitlab, Republic, Didi, Nubank, Spin by Oxxo, and more!
​​​​​​​Founders
Asking for a founder | Find out how often you should be sending investor updates
​​​​​​​​​Asking for a founder | Get a list of US startup SVB venture debt alternatives
​​​Asking for a founder | Learn platforms are best for your growing community
​​​​​​​LaaS | Underrepresented founders: get resources made for you
​​​​​​​​​​​​​​Sponsored | ​​​​​​​NYC founders, funders, and friends: you're invited to the NYC Ganas meet-up on April 27th. We're looking to meet future portfolio startup founders and co-investors.
​​​​​​​Money
Halcyon | LATAM climate founders apply for $25K in AWS credits by 4/28
​Black Ambition | Black founders: apply for $15K-$1M grants by 5/8
Ganas Ventures | Community-driven founders: apply for $100K
​​​Workers Lab​ | BIPOC women: apply for $200K
​​​Amber | Women founders: apply for <$10K grants
​​​​​​Z Fellow | Technical tinkerers: apply for a $10K grant
​TechRise | Chicago founders: apply to win $50K
​​​​Olgas | Michigan women founders: apply for $10K grants
​​​​MEDA | SF women founders: apply for <$5K grants
​​​​​​​Fearless Fund | Black women founders: apply for $10K grants
​​​​​​​​SoGal Foundation | Black women founders: apply for $5-$10K in grants
​​​​​​​​1863 Ventures | Black founders: apply to get a 3Rs $5K grants
​​​​​​​​Non-dilutive capital | Create a profile to find non-dilutive capital
​​​​​​​​Equity Crowdfunding | Raise up to $5 million
​​​​​​​​Startup-Investor Matching Tool | Founders: get intros to investors
​​​​​​​Want more? Follow me @lolitataub and let me know how I can help. Want to support our newsletter and get featured? Become a sponsor.
This post was originally posted on April 16, 2023 on lu.ma by Lolita Taub.