Steph Korey

Investment Partner at XFactor Ventures

Steph Korey

Investment Partner at XFactor Ventures

New York, New York

Overview

Steph Korey is an entrepreneur and investor, currently serving as the Co-founder of Charmspring in New York City. With a background in start-ups and consumer products, she has successfully co-founded and led companies like Away and has made significant investments in various early-stage companies, including Lovevery and Modern Fertility.

Work Experience

Charmspring

Co-Founder
2022 - Current

XFactor Ventures

Investment Partner
2022
XFactor Ventures is looking for tenacious female founders and mixed-gender founding teams attacking billion-dollar market opportunities. We invest $150k into pre-seed or seed stage rounds and provide advice, mentorship, and connections to help our companies succeed. The XFactor investing partners are current successful operators, collectively raising over $500M in capital, hiring thousands of employees, but who are still in the trenches every day. If you're a female founder working on a big idea, let's connect!

Away

Co-Founder and CEO
2015 - 2020
Served as CEO from 2015-2020 as the company built a team of 400+, raised $156 million, reached a valuation of $1.4 billion, and was twice named one of Fast Company’s “World’s Most Innovative Companies.”

Away is a modern travel and lifestyle brand designed with thoughtful features that solve real travel problems

Raised $181,000,000.00 from Lone Pine Capital, Global Founders Capital, Wellington Management and Baillie Gifford.

awaytravel.com

Casper

Consultant, Merchandise Strategy and Supply Chain
2014 - 2015

Casper is a sleep startup that launches a comfortable mattress sold directly to consumers, eliminating commission-driven inflated prices.

Raised $339,700,000.00 from Gordon Whyte, New Enterprise Associates, IVP, Target, Sand Hill Angels, Parkway Venture Capital, Dani Reiss, Norwest Venture Partners and Alumni Ventures.

casper.com