Anu Duggal

Founding Partner at Female Founders Fund ยท Joined 2014

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Biography

Anu Duggal founded Female Founders Fund in 2014 around a straightforward premise: female founders were being systematically underfunded relative to their performance, and a firm built specifically to be their first institutional check could both correct that gap and generate strong returns. The firm backed Jennifer Hyman's Rent the Runway years before its 2021 Nasdaq listing, along with Maven Clinic, Zola, and Tala. Duggal has scaled Female Founders Fund to $140 million in total capital across its funds, most recently closing a $29 million Fund IV in December 2025, while keeping the firm's core focus on seed-stage healthcare, AI-first software, and consumer categories underrepresented founders are building in.

Notable Investments

Rent the Runway RENTMaven ClinicZolaTalaBillie

Career Timeline

2014
Founds Female Founders Fund in New York City.
2021
Portfolio company Rent the Runway goes public on Nasdaq.
2025
Closes Female Founders Fund's $29 million Fund IV, bringing total firm capital to $140 million.

Sources & References

Female Founders Fund โ†—