The Artemis Fund

Investment decisions are led by the three founding General Partners: Stephanie Campbell, Diana Murakhovskaya, and Leslie Goldman. The trio jointly manages sourcing, due diligence, and portfolio construction. All three partners bring operating and investing experience to the firm, and they have structured the fund so that no single partner makes unilateral investment decisions on material allocations.

The firm sources deal flow primarily through networks of female founders, women's entrepreneurial organizations, and underrepresented-founder communities that generalist venture funds rarely penetrate. By maintaining a hard mandate to invest in companies with at least one female or diverse founder, The Artemis Fund sees opportunities that fall outside the traditional venture-sourcing pipeline. The partners also cultivate relationships with university entrepreneurship programs and regional startup ecosystems beyond Silicon Valley.

The Artemis Fund is structured as a venture capital firm, not a family office. It raises capital from limited partners — including institutional allocators, family offices, and corporate venture arms — and deploys that capital into early-stage technology companies. The firm collects management fees and carried interest under a standard venture fund structure, rather than managing a single family's wealth.

The Artemis Fund focuses on direct investments into early-stage technology companies rather than making fund commitments to other venture managers. The firm leads or co-leads seed and Series A rounds, reserving capital for follow-on investments in its existing portfolio. It does not publicly disclose a fund-of-funds or LP-investment program.

The firm does not publicly disclose sector exclusions, but its portfolio and stated focus center on fintech, digital health, enterprise software, and sustainability. Sectors like hard tech, deep biotech, and defense technology have not appeared in the firm's disclosed investment activity, suggesting the partnership concentrates on software and services-enabled business models where its sourcing edge is strongest.

The Artemis Fund targets seed and Series A stages, writing initial checks at the earliest institutional rounds. The firm reserves capital for follow-on investments in portfolio companies that demonstrate strong product-market fit and capital efficiency. It does not publicly pursue later-stage growth equity or pre-IPO rounds as a primary strategy.

The Artemis Fund is headquartered in Houston and serves as one of the city's few dedicated venture firms with a gender-diversity mandate. The partners participate in the regional startup community, but the firm invests nationally, not exclusively in Texas-based companies. Its Houston base provides proximity to energy-transition opportunities and a lower-cost operating footprint compared to coastal venture hubs.