Chief, a membership-based club for female executives, launched in 2019 has been injected with a fresh round of investment from Google, helping it to expand, reported CNBC April 24.
The company is designed to provide meet-ups, mentorship and exclusive events with esteemed guest speakers. It has locations in New York, Chicago and Los Angeles and is set to open a new location in San Francisco.
More than 12,000 senior executives have joined the program, some from companies such as Nike, NASA, HBO and Apple, and costs $7,500 annually for C-suite executives. There are 60,000 women on the waitlist.
The co-founders created the company after experiencing issues finding adequate support in their positions as senior executives.
"We were managing teams and mentoring others but no longer had the resources for ourselves," Carolyn Childers, co-founder of Chief, told CNBC. "It can get really lonely at the top, especially when you’re quite literally the only woman in a room full of men."