Project 1972 LLC

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Project 1972 LLC - overview

Established

2018

Location

New York, NY-New York, US

Primary Industry

Education/Training

About

Project 1972 LLC, operating under the brand Chief, is a professional network designed for senior women executives, promoting leadership development and networking opportunities tailored to their unique career challenges. Founded in 2018, Project 1972 LLC provides a platform for senior women executives, emphasizing leadership advancement and community-building. The company is led by co-founders Carolyn Childers and several others with extensive backgrounds in leadership roles. Headquartered in New York, US, Chief has successfully completed 4 deals, with its latest funding round being a Series B that raised USD 100.


00 mn on March 31, 2022, led by CapitalG and supported by various other investors. The total amount raised to date is USD 100. 00 mn, with a current valuation of USD 989. 70 mn.


Chief serves as the largest professional network specifically for senior women executives. The organization operates a membership model that connects C-Suite and VP executives across multiple industries, offering access to leadership insights, exclusive events, and executive coaching. This tailored approach addresses the specific challenges faced by women in leadership roles. Chief's members are primarily senior executives from both established and emerging companies, including those represented in Fortune 100 firms, and the organization is expanding its reach within international markets.


Chief's revenue is generated through structured membership fees across various tiers that cater to the diverse needs of executive leaders. This model includes specialized services such as executive coaching, networking opportunities, and exclusive events. Membership plans are designed around annual subscriptions, providing ongoing access to resources and community support. Additionally, Chief engages in partnerships and sponsorships with corporations focused on enhancing women's leadership roles, contributing further to its revenue streams.


Following the Series B funding round completed in March 2022, which secured USD 100. 00 mn, Chief intends to invest in enhancing its platform to improve member experiences. The company aims to launch new features and services designed specifically for its members, although specific release dates are not disclosed. Furthermore, Chief plans to expand its operations into additional geographic regions, specifically targeting major metropolitan areas known for business growth and diversity.


This strategic use of recent funding will support the development and deployment of initiatives aimed at further empowering senior women executives.


Current Investors

Accel, Primary Venture Partners, Flybridge Capital Partners

Primary Industry

Education/Training

Sub Industries

Education & Training Services, Social Networking & Communication Platform

Website

www.chief.com

Verticals

EdTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

Project 1972 LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series BCompletedProject 1972 LLC-
Series ACompletedProject 1972 LLC-
Series ACompletedProject 1972 LLC-
SeedCompletedProject 1972 LLC-

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