HearstLab
HearstLab is the corporate venture capital arm of Hearst Communications, based in New York. It invests in women-led startups, primarily in technology and technology-enabled sectors such as enterprise software, data analytics, health, fintech, transportation, and media, focusing on early-stage opportunities in the United States. The firm typically participates in seed and Series A rounds and often acts as a co-investor in follow-on rounds. Beyond capital, HearstLab provides a year of hands-on services drawn from Hearst's resources to help portfolio companies scale, including assistance with commercial deals, privacy and security, legal, marketing, and fundraising. It maintains a dedicated team delivering support in UI/UX, DevOps engineering, data security, data science, brand storytelling, financial modeling, and business development. Portfolio companies also benefit from strategic guidance and networking via HearstLab Scouts, comprised of women leaders across Hearst who share networks and expertise.
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Past deals in Charity
Beam Impact
Series A in 2022
Beam Impact is a tech company that connects consumers with mission-driven brands through its e-commerce platform. Users can discover brands aligned with their values, choose a nonprofit at checkout, and the brand donates a portion of the purchase to the selected charity.
FreeWill
Series B in 2022
FreeWill Co. is a New York-based company that develops and operates an online estate planning platform. The service offers users access to legal forms and information, simplifying the process of estate planning and facilitating charitable donations. By providing free and user-friendly tools, FreeWill enables donors and fundraisers to make tax-advantaged gifts more easily, streamlining the process of making bequests and donations. The company's mission centers on addressing estate planning needs while promoting philanthropic efforts, ultimately making it simpler for individuals to contribute to charitable organizations.
FreeWill
Series A in 2020
FreeWill Co. is a New York-based company that develops and operates an online estate planning platform. The service offers users access to legal forms and information, simplifying the process of estate planning and facilitating charitable donations. By providing free and user-friendly tools, FreeWill enables donors and fundraisers to make tax-advantaged gifts more easily, streamlining the process of making bequests and donations. The company's mission centers on addressing estate planning needs while promoting philanthropic efforts, ultimately making it simpler for individuals to contribute to charitable organizations.
Beam Impact
Seed Round in 2018
Beam Impact is a tech company that connects consumers with mission-driven brands through its e-commerce platform. Users can discover brands aligned with their values, choose a nonprofit at checkout, and the brand donates a portion of the purchase to the selected charity.
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