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Chief Valuation, Funding & Investors
Chief is valued at $1.1B as of March 2022.
Last Chief valuation
$1.1B
Series B · Mar 2022
Last Chief funding round
$100M
Series B · Mar 2022
Cumulative funding Chief raised
$140M
across 4 funding rounds
Key investors in Chief
General Catalyst
BoxGroup
Flybridge
Notable Capital
Primary Venture Partners
Inspired Capital Partners
About Chief
Chief is the largest U.S. community for senior women executives, drawing members from over 10,000 organizations including 77 percent of Fortune 100 companies, with more than 40 percent holding C-suite positions. It operates clubhouses in New York, San Francisco, Los Angeles, Chicago, and Washington, DC, and partners with Industrious and Soho House for in-person access elsewhere. Members receive peer group coaching through curated Core sessions with eight to ten professionals, one-on-one Executive Coaching, and year-round programming featuring roundtables, expert-led discussions, local conferences, and digital content. The platform enables targeted networking, while a grants program has distributed nearly $10 million to executives facing identity-based barriers and nonprofit leaders. Chief earned recognition as one of TIME's Most Influential Companies and Fast Company's Most Innovative Companies.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.1B (Mar 2022)
Sectors
Chief Valuation
Chief is currently valued at $1.1B, based on its Series B in March 2022.
The $100M round was led by CapitalG, with participation from General Catalyst, BoxGroup, Flybridge, Primary Venture Partners, Notable Capital and 1 other investor.
Chief's valuation has grown 96x from $12M at its seed round in October 2018 to $1.1B in March 2022, across 2 priced rounds.
Chief valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2022 | Series B | $1.1B |
| Oct 2018 | Seed | $12M |
Chief Funding History
Chief has raised a total of $140M across 4 funding rounds.
Chief's first fundraising round was a $3M seed round in October 2018. The most recent completed round was a $100M Series B in March 2022.
Chief funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2022 | Series B | CapitalG (lead); General Catalyst; BoxGroup; Flybridge; Primary Venture Partners; Notable Capital; Inspired Capital Partners | $100M | $1.1B | Chief is a private network platform founded in 2019 by Lindsay Kaplan and Carolyn Childers, designed to drive more women into positions of power and keep them there. The platform serves women in C-suite, senior executive, and VP positions, offering a combination of in-person and virtual connections alongside personal and career development support. Chief raised a $100 million Series B investment led by CapitalG (Alphabet's independent growth fund) that closed on March 31, 2022, with participation from General Catalyst, GGV Capital, Inspired Capital, Primary Venture Partners, Flybridge Capital Partners, and BoxGroup. The funding brought Chief's post-money valuation to $1.1 billion, achieving unicorn status as a female-founded startup. Laela Sturdy, General Partner at CapitalG, joined Chief's Board of Directors as part of the round. The company announced plans to use the capital for platform investment including additional personalization features to better connect members and deliver relevant business insights. Chief also committed to doubling its grant program to support underrepresented executives and pledged $1 million annually to nonprofits aligned with its mission to change the face of leadership. |
| May 2020 | Series A | General Catalyst; BoxGroup; Flybridge; Primary Venture Partners; Notable Capital; Inspired Capital Partners | $15M | - | Chief is a private social network for women in senior leadership positions, such as VP or executive level, offering vetted membership, peer groups, mentorship, events, and community features. Launched in January 2019 by Carolyn Childers and Lindsay Kaplan, it grew to over 2,000 members across New York, Los Angeles, and Chicago from companies like Google, IBM, and HBO, with an 8,000-person waitlist by May 2020. The platform shifted to virtual services during the pandemic, boosting event participation 3x in April 2020. In May 2020, Chief raised $15 million from existing investors including BoxGroup, Flybridge Capital (Flybridge), General Catalyst, Inspired Capital, Primary Venture Partners, and BoxGroup, bringing total funding to $40 million. The capital supported expansion to new cities, technology infrastructure, and enhanced services like executive coaching and hiring boards. The company generated more than $10 million in 2020 revenue, per conservative estimates from member growth and demand. Chief later achieved unicorn status with a $1.1 billion valuation in a $100 million Series B, marking rapid growth for a female-founded U.S. tech startup. |
| Jun 2019 | Series A | General Catalyst (lead); Inspired Capital Partners (lead); Springbank Collective; G9 Ventures; TQ Ventures; Notable Capital | $22M | - | - |
| Oct 2018 | Seed | Flybridge (lead); Primary Venture Partners (lead); BBG Ventures; BoxGroup; Alexa von Tobel; XFactor Ventures; Silas Capital; Accel; Able Partners | $3M | $12M | Chief raised a $3 million seed round in October 2018 led by Primary Venture Partners and Flybridge Capital Partners, with participation from Accel, BoxGroup, Able Partners, XFactor Ventures, Silas Capital, BBG Ventures, and Alexa von Tobel. The company operates as a private network for senior female executives, offering a community platform for peer connections, business insights, and career development. Chief later secured a $22 million Series A in June 2019 co-led by General Catalyst and Inspired Capital, followed by a $15 million extension in June 2020 led by GGV Capital. In March 2022, Chief raised $100 million in Series B funding led by CapitalG at a $1.1 billion valuation, with total funding reaching $140 million and over 12,000 members from companies like HBO, Google, and Goldman Sachs. |
Who has invested in Chief?
16 investors have backed Chief across its funding rounds, including General Catalyst, BoxGroup, Flybridge, Notable Capital, Primary Venture Partners and Inspired Capital Partners.
Lead investors include CapitalG, General Catalyst, Inspired Capital Partners, Flybridge and Primary Venture Partners.
Chief Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jun 2019 | ||
| 3 | Participant | Oct 2018 | ||
| 3 | Lead | Oct 2018 | ||
| 3 | Lead | Oct 2018 | ||
| 3 | Participant | Jun 2019 | ||
| 3 | Lead | Jun 2019 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Lead | Mar 2022 | ||
| 1 | Participant | Oct 2018 | ||
This data is available for Pro users. Sign up to see all 16 Chief investors. Start Free Trial | ||||
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Start Free TrialChief Competitors
Chief competitors include listed companies like Charles River Associates, MBB and MLP, and private ones like goFARM Australia, Acclime and EcoVadis.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $752M | $111M | $1B | 1.7x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $1.3B | $239M | $1B | 0.5x | ||
| Publicly listed | $1.2B | $136M | $1.2B | 3.7x | ||
| Private | - | - | $1B | - | ||
| Private | $115M | - | $1B | 8.7x |
Chief Public Comps
Chief is still privately-owned, but its public comps include Charles River Associates, MBB, MLP, Clarivate, OceanPact, Lincoln International, Everforth, SMS, ICF International and Vector.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $752M | $111M | 1.8x | 1.7x | 11.9x | 13.4x | |||
| $1.3B | $239M | 0.5x | 0.5x | 3.0x | 2.7x | |||
| $1.2B | $136M | 3.9x | 3.7x | 34.9x | 29.6x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $415M | $140M | 3.1x | 2.0x | 9.1x | 5.5x | |||
| $854M | $53M | 1.1x | - | 16.9x | - | |||
| $4B | $344M | 0.7x | 0.7x | 7.7x | 6.7x | |||
| $416M | ($63M) | 3.3x | 3.2x | (21.9x) | 19.9x | |||
This data is available for Pro users. Sign up to see all Chief competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chief
| When was Chief founded? | Chief was founded in 2019. |
| Where is Chief headquartered? | Chief is headquartered in New York City, NY, United States. |
| Is Chief publicly listed? | No, Chief is a private, VC-backed company. |
| What is Chief's valuation? | Chief was last valued at $1.1B in its Series B in March 2022. |
| How much funding has Chief raised? | Chief has raised $140M across 4 funding rounds. |
| What was Chief's last funding round? | Chief's last funding round was a $100M Series B in March 2022, led by CapitalG. |
| Who are Chief's investors? | Chief's investors include General Catalyst, BoxGroup, Flybridge, Primary Venture Partners, Notable Capital, Inspired Capital Partners, BBG Ventures, Springbank Collective, Alexa von Tobel, G9 Ventures and 6 others. |
| Which companies are comparable to Chief? | Companies comparable to Chief include Charles River Associates, goFARM Australia, MBB, MLP, Acclime and EcoVadis. |
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