As we announce our $11M Series A, I also want to provide an update on the diversity of our cap table.
You can read our original post here explaining why we believe a diverse cap table is so important. In summary, we think the key reasons are:
With our Series A, we’ve improved the diversity of our cap table as it relates to ethnicity and gender identity, but have seen a slight reduction in diversity across nationality and sexual orientation. Specifically, some key movements to highlight are:
With this latest fundraising round, we’ve made some improvements to the diversity of our cap table, but have also identified areas we can grow in.
Making Transparent Decisions and Communicating Clearly are core values in Cable’s Operating System, and we’ll continue to be transparent about the diversity of our cap table.
As I wrote in our previous post, building a diverse cap table requires intentionality, preparation, and making diversity a priority. We are proud of the steps we’ve taken to date, and will continue to be very deliberate about diversity in future fundraises.
As always, reach out to us if you want more details about how we've built our cap table!