About Us – WAFFA

Our Mission

The Wharton Alumnae Founders & Funders Association (WAFFA) is on a mission to accelerate the success of Wharton and Penn alumnae in the start-up world – founders, investors and supporters. WAFFA is one of the fastest-growing clubs at the University, with over 5,500 members in just under four years.

Women-led businesses have been largely overlooked by the investment community. We launched WAFFA when we discovered that only 13% of University of Pennsylvania founders are women and they raise just 6% of venture dollars. The numbers for Stanford and Harvard reveal similar trends. It seems that women who graduate from top schools boasting the world’s most powerful alumni networks are not benefitting from those networks to the same degree men are.

WAFFA harnesses the power of our network to educate, support, and foster connections for alumnae in the start-up community. We want to build an eco-system that fosters growth for women and accelerates our access to confidence and capital.

We amplify the voices of our founders and funders through interviews and profiles in our weekly newsletter (49% open rate) and share these stories across social media channels. We built a Female Founders Shop, creating an on-line directory to highlight the wide range of innovative products and services created by our community.

We connect Wharton + Penn women through virtual and live social events, introductions, and our HelloWAFFA slack community Our group Slack is quickly turning into a lively, robust conversation that offers peer-to-peer support, advice, solutions, job postings and inspiration

We provide inspiration through hosting educational speaker events. We’ve hosted 70+ events (both live and virtual/zoom) to share industry knowledge and build hard and soft skills. Speakers have included Dean Erika James (Wharton), Amy Errett (Madison Reed), Tina Sharkey (Brandless), Judith Rodin (UPenn, Rockefeller Foundation), Andy Rachleff (Wealthfront, Benchmark Capital), Steve Blank and Iris Choi (Floodgate).

Call to Action!

Sign up for our weekly newsletter, full of alumnae news, job opportunities, event updates and more.
Join our bi-monthly Sunday evening Tea Parties (cocktails also good!) on zoom. Click here for info and to register. It’s a nice and easy way to meet new people and reconnect with familiar faces.
Dive into the HelloWAFFA group Slack channel and be part of the discussion here.
We would love to feature you in an upcoming newsletter. If you are a Founder and would like to share your experiences, insights and advice with the WAFFA community, please click here . If you are a Funder, click here
Maybe you’d like to find out about how you could get involved? Volunteer some time to help program events, build a social media channel, expand the Shop, etc.? Click here and we’ll be in touch with you.
Female Founders Shop – If you have a product or service you’d like to include in the store, fill this out and you’ll be up on the app within 24 hours!

We’re always happy to hear from you at hellowaffa@gmail.com.

Fasted growing Club, 5.5K members in 4 years.

Hosted over 70+ live and virtual events.

How Wharton Alumnae Founders & Funders (WAFFA) Came to Be

Alice Zhang and Jarah Euston shared a surprising, but all too common, experience while attending a large San Francisco angel investment conference in 2018. At that point, the startup world appeared to be on the cusp of change. Groups like All Raise and Women Who Tech had been carving out inroads for women and driving awareness around the need for systems of support for female-founded startups.

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