Over the past few years, I’ve seen firsthand how much untapped potential exists among women founders. When we launched programs like Wonder Founder, the goal was clear: expand access and open doors. While women-led companies still receive only a small share of venture funding, the data continues to show that investing in women leads to stronger teams, better decisions, and higher returns.

Through my work - including our efforts at Protego to back exceptional next-generation technology founders — I’m more convinced than ever that diverse leadership isn’t just a social imperative, but a true competitive advantage.

I’m proud to build alongside extraordinary women partners in both Protego Ventures and AnD Ventures - trailblazing leaders who push boundaries and shape how we invest. And I’m equally proud that the majority of our team across both funds is made up of talented, mission-driven women who drive our culture and our outcomes.

As Jay’s annual report has shown for over two decades, progress requires persistence, transparency, and a willingness to challenge the status quo. I’m proud to add my voice once again.

–	Lee Moser, Managing Partner & Founder at AnD Ventures & Co-founder of Protego Ventures