An early seed stage fund investing in the best women-led tech startups across the US.


We invest in women-led companies, who forge new paths and make possible, the impossible.


We’re inspired by entrepreneurs that reject the status quo, and who are driven by market traction. We value ingenuity, insight and intelligence.

Focus & Discipline

Going from startup to a successful exit takes dedication, engagement, and clear expectations. We accelerate success with resources, values and vision.

of all VC’s are men.
of all VC dollars go to male founders.
of all start-ups funded by VC’s have only men on their team.
Financial Impact

Women led companies have 63% higher returns and achieve 56% better operating results.

Women led start-ups are 500% more likely to be a billion dollar companycompared to businesses that are male led.

Community Impact

Women hire more diverse teams, more equally distributing resources across our communities.

Women invest up to 90% of their income back into their families and communities.

*Updated as of January 2020

Caroline Lewis

Caroline identifies all new investment opportunities for Rogue and leverages her previous experience to assist portfolio companies with growth. In addition, she is the Managing Partner of Rogue Women, a Rogue fund investing in early seed stage women-led companies.

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Caroline is the Managing Partner of Rogue Women’s Fund and Kauffman Fellow. Caroline joined Rogue Venture Partners in 2018, leading a new strategy to focus on women-led tech companies. Prior to Rogue, Caroline was Senior Director in Strategy and Operations for Global Design, Product, and Merchandising at Nike where she managed a portfolio of strategic programs focused on consumer experience, digitization, and big data. Prior to being recruited to work for Nike, Caroline was a management consultant for Propeller and Hitachi Consulting, working with Fortune 100 companies on enterprise technology implementations and organizational restructuring. Her love for start-ups comes from her early career experience as a founder for an e-commerce business and as a leader at a consumer health product company.

Caroline graduated as a Division 1 Field Hockey player with an MS in Psychology from Davidson College, in Davidson, North Carolina. She then received an MBA with a focus on entrepreneurship from Portland State University.

Education & Experience

  • Master of Business Administration, Portland State University 
  • MS – Psychology, Davidson College

Adam Stoll

Adam is a Partner at Rogue Venture Partners where he joined in 2015.

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Prior to Rogue, Adam was CFO of Smart Choice MRI, a growth focused privately held healthcare services company based in Milwaukee, WI.  In that position, Adam oversaw all financial operations and focused on overarching financial strategy and planning.  Prior to his role at Smart Choice, Adam was a Global Program Manager for Exit Games, a German based, venture capital backed technology company.

Adam graduated with a BA in International Comparative Policy Studies and Political Science from Reed College in Portland, Oregon. He then received an MBA with honors from the Graduate School of Management at Marquette University in Milwaukee, Wisconsin.  Adam is a fluent Spanish and Catalan speaker and loves to garden and be in the mountains whenever possible.

Education & Experience

  • Master of Business Administration, Marquette University – 2012
  • BA – International Comparative Policy Studies, Reed College – 2005
Tom Sperry

Tom Sperry

Mr. Tom Sperry is a co-founder and the Managing Director of Rogue Venture Partners.

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Prior to Rogue, he was the CEO of Exit Games Inc. Exit Games is a venture backed technology company with a focus on the video game industry. Prior to Exit Games he was the CEO of the venture backed company Blade3D headquartered in Shanghai, China. Prior to his role at Blade3D, held senior management positions with HNC Software and Looking Glass Studios. Tom began his career at Microsoft Corporation, where he was a founding member of the Games Division.

Education & Experience

  • M.B.A. – The Ivey School of Business, University of Western Ontario
  • International Executive M.B.A. Program located in Hong Kong – 2002-2004
  • Harvard Business School Private Equity/Venture Capital – 2016
  • Harvard Business School OPM – 2018
Aina Fadina

Aina Fadina

Aina Fadina is a Principal at Rogue Women Fund.

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Aina emerges as an inspiring leader of a new breed of global entrepreneurs, calling on over two decades of experience in venture capital, digital health, biotech, fashion, and media. Meeting at the intersection of entrepreneurship, commerce, and creativity, Aina maintains her focus on empowering entrepreneurs and building entrepreneurial ecosystems globally. Born in Lagos, Nigeria, and raised in the US, her rich African identity, growing up surrounded by family members who were entrepreneurs and angel investors, and global education inform and inspire her life and work.

Aina holds an MBA from Kellogg School of Management at Northwestern University and received her BS in Public Health from Temple University. To round out her global educational experience, she attended the London College of Fashion in London, and attended global exchange programs at HKUST in Hong Kong and in India, where she studied emerging technologies. Post MBA, Aina was the Head of Platform and Investor at the venture of Tulsa-based George Kaiser Family Foundation, served as an operator at growth-stage startups, and spent over a decade as an in-house fashion model for global luxury brands.

In her downtime, you can find her at concerts, art galleries, fashion events, traveling, or producing creative projects like I of Africa, a digital series she created to celebrate innovative thinkers, investors, and entrepreneurs inspired by Africa globally. She has filmed the series in 10 cities around the world.

Education & Experience

  • M.B.A. – Kellogg School of Management at Northwestern University
  • BS – Public Health, Temple University
  • London College of Fashion
  • HKUST – Hong Kong and India
Rogue Portfolio

For more information, visit www.roguevp.com


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In partnership with Venture Fuel, Rogue Women hosts invite only events around the country: bringing together corporate executives, startup founders, and investors that are writing their own rules. To create an elite networking opportunity, a place for peer-to-peer exploration, a showcase for what is possible and a forum for meaningful relationships that can accelerate growth for all involved.

We feature female founders that are going into sectors that haven’t been defined yet, that dream “crazy” and are making the impossible, possible.

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Rogue Women Venture Fuel Summit 2024

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Be Rogue. Invest in Rogue Women.

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