Venus Williams has invested in a $9m funding round to support Ellevest, a robo-advisory start-up built to address the gender investing gap. The wealth-management platform is run by Sallie Krawcheck, a former executive at Citigroup and Bank of America. “Women are underrepresented on Wall Street because they don’t have access to capital or financial services,” said Elena Kagan, who was solicitor general under Barack Obama.
Venus Williams has invested in a $9m funding round to support Ellevest, a robo-advisory start-up built to address the gender investing gap. The wealth-management platform is run by Sallie Krawcheck, a former executive at Citigroup and Bank of America. The robo-advisor's proprietary algorithm will enable clients to access goal-oriented investment plans for starting businesses, retiring and buying properties.