Meghan Markle has revealed that she has ventured into a new territory as she widens her investment portfolio. In an interview with Fortune, the Duchess of Sussex shared that she is an angel investor in the healthcare company Midi, a company which provides a virtual platform to help treat women experiencing menopause and other health-related concerns.
Meghan, 43, joined the company’s £48million [$63m] Series B round last March, a source close to the matter told TechCrunch. Per Pitchbook, other investors in that round included names like Laurene Powell Jobs’ Emerson Collective, Tory Burch, and the firm G9 Ventures.
The Duchess of Sussex has been building her portfolio since stepping back as a senior working royal in early 2020.
Meghan's focus is on companies with at least one female founder, it is claimed.
It has also been revealed that her portfolio now consists of more than 10 companies, including the beverage company Clevr and the wellness company Highbrow Hippie.
Clevr Blends was Meghan's first known foray into the investment world, which became known in late 2020. At the time, the duchess was the first person to invest in the female-led company selling powdered instant lattes.
This comes just one week after Meghan officially launched her brand, As Ever. After the website went live, Meghan told her fans, "We’re live! Come shop the As ever collection I’ve poured so much love into. So excited to share this with you. *Limited quantities for each seasonal drop*."
Just minutes later, Meghan appeared back on Instagram to thank her fans after all eight products, that were availabile to buy at the time, sold out. She wrote, "Our shelves may be empty, but my heart is full! We sold out in less than one hour and I can’t thank you enough…for celebrating, purchasing, sharing, and believing. It’s just the start @aseverofficial. Here we go!"
Developed in partnership with Netflix's CPG division, Meghan's raspberry spread in keepsake packaging was priced at 14 dollars (£10.80), while her limited edition wildflower honey with honeycomb cost 28 dollars (£21.60). With eight products available to buy at first, the spread without the packaging will become available later for 9 dollars (£7).
