The 98
The 98 is a venture capital firm based in New York, founded in 2022. It focuses on investing in technology businesses led by women, specifically targeting late seed and early Series A tech-enabled companies, including SaaS B2B businesses that are achieving product-market fit. The firm aims to address the funding gap for women-led startups, which receive a small percentage of venture capital despite showing strong performance. The 98 not only provides capital but also offers operational expertise, network resources, and strategic guidance to help female founders build impactful companies. The
Investing activity
The 98 appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $3M. The most recent is askpolly (Seed, $3M, Sep 2026).
The 98 most often invests alongside Differential Ventures and Forum Ventures, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about The 98
What AI companies has The 98 invested in?
The 98's AI investments include askpolly. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is The 98 based?
The 98 is based in New York, New York, United States.
What stage does The 98 invest at?
In the rounds tracked on AI Lounge, The 98 has invested at Seed, with a median round of $3M.
Who does The 98 co-invest with?
The 98's most frequent co-investors on AI Lounge are Differential Ventures (1 deal) and Forum Ventures (1 deal).
How can founders reach The 98?
Founders on AI Lounge can see The 98's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add The 98 to their Investor Pipeline to track the conversation.