The 98
Overview
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.
Portfolio Companies
5
Website
the98.comInvestments
Key People
Joy Marcus
General Partner, Co-Founder
Lynda Clarizio
General Partner and Co-Founder
Michelle Hulst
Limited Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is The 98 based?
The 98 is headquartered in United States.
When was The 98 founded?
Founding year information for The 98 is not publicly available.
How many portfolio companies does The 98 have?
The 98 has 5 portfolio companies in Caplight's dataset.
What are some companies in The 98's portfolio?
Portfolio companies visible on Caplight include Paladin, Stratyfy, Cambri, Humanitru, askpolly.
What was The 98's most recent investment shown here?
The 98's most recent investment in this portfolio sample was in askpolly in 2026.
What sectors does The 98 focus on?
The 98 focuses on Enterprise Software, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure.
What company stages does The 98 focus on?
Stage focus information for The 98 is not publicly available.