Female founders remain a small fraction of who gets funded, and women are significantly underrepresented as investors too, even in early-stage, private rounds like this one. This raise reflects that directly: $150,000 of it is set aside for women investors who want an early stake in a brand built by women.
~2%
of global venture capital goes to female-founded companies. (Crunchbase / PitchBook)
78¢ vs 31¢
Revenue generated per $1 of funding — female-founded startups vs. male-founded startups. (Boston Consulting Group, 2018)
15.4%
of VC partner or decision-making roles are held by women — and more than three-quarters of firms have no female partner at all. (Founders Forum Group, 2025)
“Margaret and Emunah identified a real and relatable gap in the market: there is no ‘cool’ rum brand that I could name! I didn't even think I liked rum. In fact, I am now a full-fledged rum drinker who actually enjoys sipping Esther straight or on the rocks. I am proud to be an investor in Esther Rum, a women-owned brand that I fully believe will evolve the rum category and make a lasting mark in the world of spirits.”
Terri Barnett
Co-owner, VP & real estate agent, RE/MAX Main Street — Bexley, OH
“I invested in Esther because it fills a clear gap in the market with an exceptional spirit, one that everyone who drinks it (not just rum drinkers) falls in love with. I've seen this firsthand! But even more so, Margaret and Emunah, the founders behind Esther, have a crystal clear vision for the brand and know how to execute in such a creative and differentiated way. This combination of top tier product and founding team is what I believe will make Esther a massive success.”
Jeanmarie Loria
CEO, Advize Health