Alphabet unit CapitalG led the female executive network's series B round at a valuation of $1.1bn and is taking a board seat.

Chief, the US-based operator of a professional network for women, secured $100m yesterday in a series B round led by internet and technology conglomerate Alphabet’s growth equity arm, CapitalG.

The round valued the company at $1.1bn post-money and was filled out by GGV Capital, General Catalyst, Inspired Capital, Flybridge Capital Partners, BoxGroup and Primary Venture Partners. Laela Sturdy, general partner at CapitalG, is joining its board of directors in conjunction with the round.

Founded in 2019, Chief operates a private…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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