The 98

The 98 is an early-stage venture capital firm that invests in technology businesses led by women. The firm's name reflects its mission to address the statistic that only 2% of venture capital funding goes to women-led ventures. It was co-founded by Lynda Clarizio and Joy Marcus, who previously started an investment group called Brilliant Friends in 2019. The 98 focuses on tech-enabled businesses in sectors such as commerce, media, health and wellness, fintech, and legal tech, typically investing in Seed or Series A rounds.