Brooklyn Bridge Ventures invests in freelance marketplace Wethos - Brooklyn


Sep. 19, 2017 1:46 pm

Brooklyn Bridge Ventures invests in freelance marketplace Wethos

The founders of Wethos made national news this summer speaking to the NYT about sexual harassment from investors.

Wethos founders Rachel Renock, Claire Humphreys and Kristen Ablamsky (and a dog).

(Photo via Facebook/Wethos)

Charlie O’Donnell, the founder of Brooklyn Bridge Ventures, announced Monday that he’s invested in the freelancer marketplace Wethos.

The site allows freelancers who want to work on projects or with companies that have a social mission to have their own labor platform online.

The round, which included seven other investors, is also notable as it comes after a massively impactful New York Times article from this summer in which Wethos’s founders, who are all women, talked about sexual harassment from male investors they’ve faced in the process of raising money.

In a post on his website about the investment, O’Donnell explained that he sees mission-driven work as a growth opportunity.

“The best and brightest are going to need a much better reason to work for your company than the perks and benefits—the work itself is going to have to be meaningful,” he wrote.

O’Donnell did not disclose the size of his fund’s investment, but he is a seed investor who typically invests in the low six figures. In total, Wethos raised $1 million in the round, according to Crunchbase.

With regard to the message of sexual harassment, O’Donnell said he’d invested in Wethos before the Times story hit, and was unaware of their previous experiences.

“We met at a Sheworx event, I gave [cofounder] Rachel [Renock] a term sheet after one additional meeting and I closed soon after,” O’Donnell wrote in an email. The issue never came up in their discussions. “In fact, we had never discussed their prior experience pitching.”


Already a member? Sign in here
Connect with companies from the community
New call-to-action


Could HEVO be Brooklyn’s next unicorn?

Brooklyn fintech startup aims to modernize payroll benefits

Check out the 3 Brooklyn startups featured in WeWork’s new WeMRKT



You can win up to $360,000 at the WeWork Creator Awards

Baltimore, MD 21201

14 West

Senior Software Engineer (Java + Apache Spark)

Apply Now


Full Stack Engineer

Apply Now


Senior Software Engineer

Apply Now

Inside the Brooklyn factory building stackable homes

Funding news about Simile

How to build a life after your daughter is murdered



Explore how diverse teams build dynamic products with Dev Bootcamp

Sign-up for daily news updates from Brooklyn

Do NOT follow this link or you will be banned from the site!