Meghan Markle Invests In New Women-Owned Company

Bianca Betancourt
·2-min read
Photo credit: Max Mumby/Indigo - Getty Images
Photo credit: Max Mumby/Indigo - Getty Images

From ELLE

Meghan Markle, Duchess of Sussex, has a new title: start-up investor.

On December 14, Fortune announced that the Duchess has invested in a small, woman-owned company called Clevr Blends. Located near Montecito, California, the business makes superfood-enhanced instant oat milk lattes and is run by cofounder and CEO Hannah Mendoza.

Meghan's new investment is the first venture of this sort by the Duchess to have been made public.

In a statement released to the outlet, she explained why she decided to help financially back the company.

'This investment is in support of a passionate female entrepreneur who prioritises building community alongside her business,' the duchess shared. 'I'm proud to invest in Hannah's commitment to sourcing ethical ingredients and creating a product that I personally love and has a holistic approach to wellness. I believe in her and I believe in her company.'

Photo credit: Samir Hussein - Getty Images
Photo credit: Samir Hussein - Getty Images

Mendoza also released a statement, revealing her gratitude for the investment and the Duchess of Sussex's support.

'Entrepreneurs need funding, but they also need advisers who care deeply about what they are building. I'm grateful to have found both in the Duchess of Sussex,' read the statement from Mendoza. 'Her passion for what we're creating is palpable, and I couldn't imagine a more aligned partnership. We're excited for the road ahead.'

There's another certain someone who is equally excited about Meghan's latest business venture: her friend and Montecito neighbour Oprah Winfrey, who just shared that the duchess sent her an early holiday gift involving a trio of the superfood lattes.

'On the first day of Christmas my neighbour 'M' sent to me...a basket of deliciousness! (Yes that M👑),' wrote Winfrey. 'My new drink of choice for the morning and night. Wish I had @clevrblends sooner cause I would've added it to my favourite Things list.'

Sign up to our newsletter to get more articles like this delivered straight to your inbox.

In need of more inspiration, thoughtful journalism and at-home beauty tips? Subscribe to ELLE's print magazine today! SUBSCRIBE HERE


You Might Also Like