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Portfolia

Accredited investors, predominantly women, who want to invest in venture funds and take part in the diligence process rather than write individual angel cheques

A profile page holds what the organization publishes and what named sources report: who it admits, what it costs, how it is structured, where it operates, and how it has changed. Every figure carries the date it was checked. A dash means the organization does not publish that fact.

FoundedNot published
HeadquartersSan Mateo, United States
Members2,200as of September 2026
ChaptersNo chapters; the organisation is structured around funds
FootprintInvestors in 48 US states and 20 countries; funds invest principally in US companies
InvitationNot required

Founding: Could not be independently verified. Portfolia's own story page names Trish Costello as founder but gives no year; third-party sources report 2013, 2014 and 2015, and Costello has described starting the venture in 2015.

Portfolia is a venture investing platform built around a series of themed funds that its investor community joins as limited partners. Rather than a members' club with dues, the entry point is a fund commitment: $10,000 is the stated minimum, the average commitment is about $35,000, and an individual can invest up to $500,000. Each fund makes roughly ten or more investments and has a term of up to seven years, after which unsold positions are sold on the secondary market or held. Funds are themed, covering women's health and femtech, active aging, sustainability, and companies in underrepresented US markets under the Rising America banner, with an Opportunity Fund investing later stage from Series C to pre-IPO. Investors are not passive: the model includes monthly live pitch calls with founders, free investing classes, and the option to take part in due diligence at whatever level of time and expertise they have. The platform reports more than 2,200 women investors across 48 US states and 20 countries and more than 110 portfolio companies. All investors must be accredited.

How it works

Prospective investors speak to the investor relations team or apply through an online form, then commit to one or more open funds. Once in a fund, members attend live pitch calls with founders each month, can join diligence work, and vote with their attention rather than deal by deal, since the fund's leadership team makes the final allocation. Free investing classes run alongside. Funds are led by domain expert partners for each theme.

Typical member

Investors are accredited under SEC rules and span people new to venture and experienced investors. The community is designed by and for women, though the FAQ states men are welcome. Average commitment is about $35,000 per fund.

Requirements are the tests the organization itself publishes: an age ceiling, a company-revenue floor, a net-worth minimum, a role. Where a figure straddles a range, the organization's own assessment decides. Local chapters can apply stricter tests than the published standard.

CriterionPublished requirementNoteProvenance
Accredited-investor status All investors in Portfolia funds must be accredited investors: income of $200,000+ for the last two years and expected forward, or $300,000+ with a spouse, or net assets excluding the home of $1 million Quoted from the Portfolia FAQ Verified September 2026High confidenceSource ↗
Other criterion $10,000 minimum investment per fund; average investment about $35,000; individuals may invest up to $500,000 Applies per fund, not as an annual membership charge Verified September 2026High confidenceSource ↗
Gender Funds are designed by and for women; the FAQ states men are welcome to invest Not an exclusion Verified September 2026High confidenceSource ↗
Application process
Prospective investors complete an online form or book an introductory call with the investor relations team, then commit to an open fund. Accredited-investor status is required. Funds close when subscribed, and some are marked as accepting only larger commitments once near capacity.
Sponsor required
No
Selectivity
Not publicly disclosed. Access is limited by fund capacity rather than by a selection committee.
Membership term
Fund life of up to seven years per commitment

Published criteria as verified on the dates shown. Final eligibility and admission decisions belong entirely to Portfolia. See how you compare against these criteria →

Initiation fees are paid once on joining; dues recur. Chapter dues, retreats, travel and events are usually additional and are listed separately when the organization discloses them. Figures are as published or reported on the date shown, not quotations.

CostFirst yearThree yearsNoteProvenance
Annual dues There are no membership dues. Participation is through a fund commitment rather than a subscription. Source ↗
Other cost Fund management fees and carried interest are not publicly disclosed; they do not appear on the FAQ or fund pages Source ↗
Ranges are taken at their midpoint; monthly dues are multiplied by twelve; the first-listed figure of each fee type is counted and later tiers of the same type are shown but not added; retreats, travel, events and anything the organization does not publish are left out rather than guessed. Figures are as published or reported on the date shown, not a quotation.

Structure and programming

Meeting frequency
Monthly live pitch calls with founders, plus investing classes and events
Peer forums
Each fund is led by domain expert partners; investors may join due diligence at the level they choose
Confidentiality
Not publicly disclosed
Time commitment
Self-directed; the platform states investors participate according to available time and expertise
Organized as
Virtual, cohort based, event focused
Countries
20
Structure
Confidential peer forumsPartial
Local chaptersNo
Virtual membershipYes
Online communityYes
Member directoryNot documented
EventsYes
Programming
Educational programmingYes
Leadership developmentPartial
RetreatsNo
TravelNo
Family
Family programmingNo
Spouse and partner programmingNo
Next-generation programmingNo
Capital and giving
Investment discussionsYes
Investment opportunitiesYes
Philanthropic componentPartial
Emphasis
Networking emphasisHigh
Social emphasisMedium

Independent context

Portfolia is a fund platform wearing the clothes of an investor community, and the distinction matters. Members do not choose individual deals the way they would at CTAN or Sand Hill Angels; they commit capital to a themed fund and gain access, education and diligence participation in return. That lowers the work required and produces automatic diversification across ten or more companies, at the cost of control and of fund-level fees. Those fees are the notable gap: Portfolia publishes minimums and fund life clearly but does not publish management fees or carried interest anywhere on its public site, which are the numbers that determine net returns. The claim of top-quartile fund performance is self-reported with no methodology attached. Founding year is genuinely unclear across sources. It suits accredited investors who want venture exposure with a community around it, not those who want to pick their own companies.

Editorial analysis by Peer Group Guide editors. It is separated from the record above and follows the editorial policy.

History and changes

Site-wide change log →
  1. milestoneReports 2,200+ women investors across 48 US states and 20 countries, 110+ portfolio companies and 200+ investments ↗
  2. milestoneThirteen funds in market, including the Opportunity Fund (Series C to pre-IPO), Rising America III and Women's Health Fund IV ↗

Milestones as published by the organization or reported by a named source. “Record” entries are changes to this site’s own record of the organization, kept in the public change log rather than overwritten.

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Last verified: 6 September 2026 Confidence: Medium confidence Report an error on this page

Sources

  1. Invest in Women's Health & Innovation | Portfolia, Portfolia. Accessed 6 September 2026.tier 1
  2. About Portfolia, Portfolia. Accessed 6 September 2026.tier 1
  3. FAQs — Portfolia, Portfolia. Accessed 6 September 2026.tier 2

Source tiers follow the published hierarchy: 1 official site · 2 official membership materials · 3 application documents · 4 annual reports · 5 government filings · 6 reliable business publications · 7 credible interviews · 8 other reputable secondary sources. Sources and data policy.

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