S2Ep105: The Pink Neon Effect: How Kimmy Scotti is Reimagining Venture Capital for Women

As more women take control of their financial futures, understanding the nuances of investing becomes crucial. In this episode of “Takin’ Care Of Lady Business®,” host Jennifer Justice speaks with Kimmy Scotti, Founder and Managing Partner at Neon, about the dynamic and often challenging landscape of venture capital, especially for women in sectors like healthcare and consumer goods. Despite the complexities of a market where women founders are often underfunded, Kimmy has carved a niche in venture capital that emphasizes patient-centered investments and bridging the gender gap in financial literacy. Through Neon and initiatives like Neon Pink, Kimmy is actively working towards empowering women to take control of their financial futures.

Key Takeaways
– Kimmy Scotti launched a successful jewelry business at age 15, establishing her status as an #Unemployable.
– Hear how Neon, a venture fund, focuses on the critical overlap between healthcare and consumer sectors.
– Discover Neon Pink, an initiative that aims to create a supportive community exclusively for female investors where women can learn, invest, and grow together without the conventional barriers they often face in the financial world.
– Learn how to decide where to invest your money by choosing companies whose mission or products align with your values and resonate with you.
– Gain insight into the obstacles faced in a male-dominated industry and how Kimmy uses her platform to support and fund female entrepreneurs.

Resources
Connect with Kimmy: https://www.linkedin.com/in/kimmyscotti/
Follow Kimmy: https://www.instagram.com/kimmyscotti/

About Our Guest
Kimmy Scotti is co-founder and CEO of skincare company Fig.1, and the Founder and Managing Partner of Neon, an early-stage venture capital firm established in 2023. As an investor and serial entrepreneur Kimmy’s endeavors are multifaceted.

Prior to Neon, Kimmy was building and investing as a founding partner at 8VC, a prominent technology and life sciences investment firm where she invested in category defining companies including Blink Health, Maven, Oula, Hill House Home, and Seed. Kimmy remains an advisor to 8VC.

As a lifelong skincare enthusiast with a deep obsession for the beauty market, Kimmy partnered with a board-certified Harvard dermatologist to co-found Fig.1 in 2021. Fig.1 is a science-backed, sustainably-driven skincare line that has grown its footprint from direct-to-consumer to over 3,000 retail, spa and dermatologist locations, along with category expansion into performance body care in 2023.

In addition to her current work with Neon and Fig.1, Kimmy currently serves on the Board of Directors for JewBelong, the Board of Directors for Breakout Foundation, and on the Senior Advisory Committee to Cornell Tech at Cornell University. She is an active supporter of various charitable initiatives including women’s reproductive rights, maternal health, and antisemitism.

Kimmy lives in New York City with her husband and twin boys.

About the Show
Takin’ Care Of Lady Business® is hosted by Jennifer Justice aka JJ, founder and CEO of The Justice Dept. JJ interviews achievers, entrepreneurs and high level executives, discussing the how to of building business as well as the challenges while competing and thriving in both business and in life. These highly successful women will share secrets, strategies and insights about what it takes to play to win.

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About Our Company, The Justice Dept.
A female focused advisory, consulting and law firm advocating for female founders, talent, execs and brands. We represent bo$$ ladies to make them 💰💰.

Website: https://www.thejusticedept.com/
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