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Coralus

Coralus, launched in 2015 as SheEO, is a Toronto-founded funding community where members pool contributions and vote on which women- and non-binary-led ventures receive 0% interest loans. It reports nearly $19 million distributed to more than 190 ventures at a 95% repayment rate.

Venture capitalTorontoFounded 2015coralus.world
nearly $19Mdistributed to 190+ venturesCoralus, about page
95%repayment rate on its 0% interest loansCoralus, about page

The people

Open roles via the TechTO Job Board

Working at Coralus

Browse open roles across the community on the TechTO Job Board — Canada’s most connected tech network. Coralus’s roles show up here whenever they post.

Open roles on the TechTO Job Board ↗Or their own careers page: coralus.world/careers ↗

Jobs live on jobs.techto.org — the only structured source. We link to it rather than scraping career sites, so the board is always the source of truth.

On the TechTO stage

Every talk is searchable — ask the archive about Coralus

About

Vicki Saunders founded SheEO in 2015 around a single idea she took from a newspaper headline: a million women each putting in a small amount, lending it at 0% interest, and expecting no financial return. Members — Activators — contribute money and then vote on which ventures get funded, so the allocation decision sits with the community rather than a fund manager. Loans are repaid over five years and recycled into the next round. The organisation rebranded to Coralus in 2022 and now operates in Canada, the United States, Australia, New Zealand and the United Kingdom.

Backers

Funded by member contributions rather than outside investors — Activators pool capital that the community then lends out.

Quick answers

What is Coralus?

A funding community, founded as SheEO in 2015, in which members contribute capital that the group then lends at 0% interest to women- and non-binary-led ventures. The members vote on who gets funded.

Was Coralus called something else?

Yes — it launched as SheEO and rebranded to Coralus in 2022. Vicki Saunders' 2015 TechTO talk is under the SheEO name.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 4, 2026