Leap Academy with Ilana Golan

Raising $24M After 107 Rejections: Anna-Sophie Hartvigsen’s Journey to Scaling Female Invest | E135

Nov 25, 2025
Anna-Sophie Hartvigsen, co-founder of Female Invest, shares her inspiring journey from facing rejection at a bank to building a financial education platform for women. She discusses the challenges of fundraising as a female founder, including enduring 107 rejections and breaking crowdfunding records with a $24M raise. Anna emphasizes the political nature of financial independence for women and highlights her innovative strategies for growth, including transforming a small Facebook group into a global community, empowering women across over 100 countries.
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ANECDOTE

Bootstrapped With $3 In The Bank

  • They bootstrapped to their first ~10 employees with extreme scrappiness, sometimes holding a BYO Christmas party due to lack of cash.
  • Winning a $100k equity-free startup prize was a major turning point for cash runway.
INSIGHT

YC Helped Most Via Demo Day

  • Y Combinator's cohort advice may not fit later-stage, revenue-generating female founders.
  • Demo day exposure mattered most, giving Female Invest 300 investor leads and vital network validation.
INSIGHT

Pitching Bias Is Well Documented

  • Research-backed biases mean identical pitches receive different outcomes based on founder gender.
  • Women are asked about risk more and judged on likability and competence differently than men.
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