• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
FinanceWhy I Invested

Gabrielle Union’s experience as a mother motivated her to invest in Yumi

By
Stephanie Cain
Stephanie Cain
Down Arrow Button Icon
By
Stephanie Cain
Stephanie Cain
Down Arrow Button Icon
August 22, 2021, 8:00 AM ET

Named one of TIME’s 100 Most Influential People in the world in 2020, Gabrielle Union has taken her platform as an A-list actress to the realm of activism, championing causes around women’s health and safety. She’s an outspoken advocate of breast cancer awareness and supports programs fighting domestic violence and racial discrimination. She is the founder of Flawless by Gabrielle Union, a line of hair care products that promote natural curls and textures, and she has authored two books, including a children’s book about nontraditional families, inspired by her toddler daughter.

As a mother, Union has become increasingly aware of the challenges of modern parenthood, which led to her investment in Yumi, a subscription company that delivers all-natural baby food to the doors of parents across the country. 

Actress and activist Gabrielle Union
Jon Kopaloff—FilmMagic/Getty Images
  • Startup: Yumi
  • Location: Los Angeles
  • Year founded: 2017
  • Valuation: Not disclosed
  • Investment level: Series B
  • Number of employees: 50
  • Other major investors: August Capital, NEA, Brand Foundry, Neil Blumenthal of Warby Parker, Uber, SoulCycle, Sweetgreen

Why she invested, in her own words

If you want the world to change, you have to make big bets, and entrepreneurship is one of the most powerful vehicles to do that. As a founder myself, I know that it takes a lot of guts to pursue a hairy, audacious dream, so I love backing other founders—especially women of color—who have been grossly underrepresented in entrepreneurship.

I gravitate toward startups that have a strong social impact angle and reflect my values and aspirations. As a mother I already knew about Yumi. I immediately connected with Yumi’s mission to raise a healthier generation. Parents today also don’t want their children eating the processed and unhealthy products the industry developed generations ago. We are learning about traces of heavy metals and other dangerous ingredients in traditional baby food brands. The incredible thing about Yumi is that it is not only giving parents better options but it is empowering them with the tools, information, and resources they need. Kids’ minds and bodies are learning what real nutrition feels and tastes like.  

Beyond the quality of their products, you can tell that there is a deeper mission here focused on advocacy and setting new standards for the food industry, all things I’m very passionate about. When I heard about how they’ve sparked this movement and their plans to reach communities in need, it was a no-brainer [to invest]. They’re already feeding 3% of all babies in America. I love that they’ve partnered with organizations like Feeding America, No Kid Hungry, and Partnership for a Healthier America. And, honestly, they’re just getting started. They recently brought on Josette Sheeran, former head of the UN World Food Program, to advise on their public policy and social impact.

I love that I’m supporting two women founders taking on an industry that has historically not reflected our values. I was instantly drawn to Angela [Sutherland] and Evelyn [Rusli], their stories, and their passion. They founded a company as two women of color and muscled through hundreds of rejections to get where they are today. The deck was stacked against them, and against all odds they created something special and have already impacted hundreds of thousands of families.

I hope that my experience backing Yumi helps me connect to even more women building companies that will change the world. Baby food is one industry that needs new leadership, and Yumi is doing it. Yumi can serve as an example to all women that they can pursue their most audacious ambitions. I hope this opens doors to other visionary women ready to take on other industries.

More finance coverage from Fortune:

  • What are stablecoins? Your guide to the fast-rising alternative to Bitcoin and Ethereum
  • Americans’ credit scores hit another high point amid the pandemic
  • Pandora’s sparkling comeback powered by stimmy checks and lab-grown gems
  • Procter & Gamble has a brand problem
  • Why the “unloved” U.K. stock market is still singing the Brexit and COVID blues

This is an installment of Why I Invested, a series featuring famous investors from all different backgrounds and industries, revealing what inspired them to invest their own money in a new business.

About the Author
By Stephanie Cain
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

SpaceX stock is about to join this growing constellation of public companies building a space-based economy
Investingspace
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
By Jason MaMay 24, 2026
4 minutes ago
f
Energyfraud
Nonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
4 hours ago
w
Personal FinanceWhite House
From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund
By Austin Sarat and The ConversationMay 24, 2026
4 hours ago
m
Real EstateSpain
‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy
By Alicia Leon and The Associated PressMay 24, 2026
5 hours ago
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & VentureElon Musk
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
7 hours ago
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
Future of WorkCareers
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
By Jacqueline MunisMay 24, 2026
8 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
3 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
2 days ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
2 days ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
5 days ago
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.