In 2021, Empower a Billion Women topped Inc Magazine’s list of Austin’s fastest growing companies.
Ingrid Vanderveldt founded the company in 2013, launching a healthcare business supplying personal protective equipment in response to the COVID-19 pandemic.
Vanderveldt announced last week that it has sold EBW Cares Distributors to Alpharetta, Georgia-based Shield Manufacturing. She spoke about the deal at her SXSW presentation titled “Be The One: Unlocking the $28 Trillion SHEconomy with AI” held at her downtown Hilton hotel on Friday. Also at the event was her CEO of Shield Manufacturing, Alison Bagwell. Bagwell was previously an engineer at Kimberly Clark. Her News According to her release, she has more than 50 of her patents, most of which have been used to drive her more than $500 million in sales over the past decade.
According to a news release, “The transaction remains private but is estimated to be worth more than $100 million. The initial focus of both companies will be to build a cleanroom glove facility in Sandersville, Georgia. and is expected to produce over 2.2 billion gloves per year in Phase I. Lab environment.
Vanderveldt created Empowering a Billion Women to reach 1 billion women worldwide and help them launch and scale their ventures through mentorship, education and community. Vanderveldt is a former Dell entrepreneur who, according to Vanderveldt, has led ventures and initiatives that together have generated more than $1 billion in impact for her more than 700 million people worldwide. rice field.
When she heard UN statistics that it would take 300 years to achieve gender equality, she knew she needed to do more. She wants to use technology to build bridges, break down doors, and change lives, she said.
So she is launching SHEconomy.com, a metaverse world built using technology, blockchain, artificial intelligence and machine learning, said Vanderveldt.
According to Frost & Sullivan, “The term sheconomy was first coined in 2007.” It refers to the economy.”
“Together, we can move the needle,” she said. “We can create new futures that we want to see.”
Vanderveldt said big ideas wouldn’t be possible without a team, so she partnered with Minero founder Cristina Diaz and Bobby Henebry, founder of HBCC LLC and Elway Capital LLC. I’m here.
“As a techie myself, it’s easy to think that you can do all kinds of things with data, but you have to have relationships, you have to connect people,” says Vanderveldt.
84% of women and diverse leaders running businesses today don’t make more than $100,000 in annual revenue. Vanderveldt said only 3% are over $1 million, and he’s 0.003% over $10 million.
According to Vanderveldt, SHEconomy World connects people in the virtual world to create real connections. It will launch in November, she said.