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Startup of the Year: Daily Dealflow 

The Daily Dealflow delivers one startup a day, every work day to your inbox and is presented by Silicon Valley Bank. SVB's 2019 Startup Outlook Report is out now.
 
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
 
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EnrichHER

EnrichHER is a lending platform that connects revenue-generating women-led ventures with up to $250k in affordable and non-dilutive capital.
EnrichHER is disrupting traditional and predatory lending terms through its credit model and lending environment. EnrichHER connects revenue-generating women-led companies seeking up to $250,000 with accredited and non-accredited lenders who want to earn 15% return of their investment while fueling the growth of women-led businesses.

What's Innovative About Their Solution?

EnrichHER is disrupting traditional and predatory lending terms through its credit model and lending environment. Beyond the uniqueness of our lending environment, the core innovation of our venture is our artificial intelligence based scoring algorithm to determine the payback score of our users.  This algorithm looks beyond the credit score of the business owners to such factors as social media presence, the number of followers, online reviews, and educational background.  This algorithmic process allows us to speed up the loan qualification for our users and increase efficiency for institutions like banks, to find and fund their target group of women entrepreneurs.  We believe that without innovation, access to capital for underserved founders will continue to decrease. 
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📍 Location

Atlanta, GA
Washington, D.C.

⚙️ Product Stage

Functional Prototype

🏭 Industries

FinTech, Marketplaces, Impact

🤑 Fundraising Status

Considering raising

💸 Total Funding
To Date

$100k-500k

🙌 Founder Demographics

Female founder, LGBT founder, Minority founder

Big Wins

We are a FINRA and SEC approved lending platform backed by partnerships giving us access to over $500m in lendable capital. We have increased our number of weekly applications from 1 to 250 during the short three months since joining Techstars in February.

Watch the video

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Contact the Founder:

Roshawnna Novellus

roshawnna@ienrichher.com

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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
 
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