It is estimated that there are over 11.5 million businesses in America that have been started by women, creating about $1.7 trillion in sales. Here are some of the most successful businesses that have been started by women.
Rent the Runway
This company was started after one of the founder’s sisters paid over $2,000 for a dress to be in a wedding. Jennifer Hyman and Jennifer Fleiss started the huge fashion dress rental company in 2009 as an alternative to buying expensive formal gowns. Today it is estimated to be valued over $1 billion.
This dating app company was started in 2014 by Whitney Wolfe Herd. Her story is unique in that she was a co-founder and VP of marketing at Tinder, but sued the company for sexual amassment and was forced to leave. Bumble is estimated to be worth in excess of $1 billion.
Who would have thought this genetic testing company would turn into a $2.5 billion company?
The idea was launched by Anne Wojcicki as a way to determine a person’s risks to contract certain diseases. Today it reunites long-lost or unknown relatives and even has been responsible for solving crimes.
Julia Hartz and her husband started the meeting planning in 2006, and it is now estimated to be worth in excess of $2.5 billion. They got a nice boost by selling some 60,000 tickets to a Black Eyed Peas concert in Central Park. They continue to promote and sell tickets to a wide variety of events.
Along with the many successful businesses started by women, women have lead and continue to lead some of America’s largest and most successful companies including Regal Cinemas, General Dynamics, Hershey Company and General Motors.
If you are a woman starting a small business, even from home, we can help protect your efforts and your assets with a small business insurance program to fit your budget. Getting started is as simple as contacting one of our independent business insurance specialists and having a conversation about your company. They can help design a program to fit your company, your goals and your budget. Contact us for a no obligation quote today.
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