Wednesday, January 29, 2020

Crosscut Ventures Launches Effort To Tackle Mental Health, Well Being Of Founder

Los Angeles-based Crosscut Venturesm, one of Southern California's most active seed stage venture capital investment firms, has launched a new effort to tackle the mental health and well being of founders, the firm said this week. According to the firm, it is partnering with coaching firm Evolution, and is committing a percentage of all the capital invested in its portfolio companies towards support both team and individual coaching and development. Crosscut said that Evolution will be brought in while closing the investment to undergo discovery sessions with founders to understand their behaviors, personalities and potential limitations to leadership growth and well-being--ultimately, to help drive returns for the firm's investments.