Cleo Capital's Scout Fund is a pioneering women-focused venture investment program created to empower female investors as scouts identifying and investing in promising early-stage startups. The $3.5 million fund was established to increase female decision-making power in venture capital by recruiting female scouts who identify deals and earn carry on successful investments. Founded by Sarah Kunst, Cleo Capital deliberately built its scout network from nontraditional channels including journalists, influencers, and other untapped talent outside typical Sand Hill Road circles. The Scout Fund deliberately does not restrict scouts to women-founded companies, instead empowering them to find the best deals regardless of founder background.

Cleo Capital focuses on backing exceptional founders building transformative companies across various sectors.