SimpliFed serves up $500,000 pre-seed toward infant nutrition support
– SimpliFed, a virtual lactation and baby feeding support platform, raised $500k in pre-seed funding.
– The round was led by Third Culture Capital and joined by other investors.
– The company plans to use the funds to hire additional employees and grow its footprint.
Spotivity Closes $1M Seed Funding Round
– Spotivity has raised $1m in a seed-funding round, led by CA Ventures, to grow user acquisition and support the recent global launch.
– The way in which Spotivity is addressing the fundamental issue of access and personal agency is novel and impactful.
– The knock-on ramifications this work will have for millions of individuals and hiring companies is undeniable.
– At CA, we strongly believe that the best and most profitable companies are those that aim to do good while also providing services customers are willing to pay for, and Spotivity is clearly aligned with that philosophy.
Stork Club Raises $30M to Respond to Unprecedented Employer Demand for Inclusive Benefits and to Hold Employees’ Hands as they Build Healthy Families
– Stork Club announced it raised $30M in Series A funding led by General Catalyst, with Hemant Taneja joining the board.
– Existing investors Bowery Capital, Slow Ventures and angels Jack Altman, founder of Lattice; Zach Sims, founder of Codecademy; Oleg Rogynskyy, founder of People.ai; and Kevin Mahaffey, founder of Lookout also joined the round.
– Stork Club is also announcing several new customers from a variety of industries, including Ropes & Gray, Crescent Capital, Corgan, Fors Marsh Group and Inception.
– Stork Club is the first to extend traditional employee benefits to include historically overlooked, yet critical components of maternal health: diagnostics, egg and sperm freezing, IVF, surrogacy, adoption, pregnancy guidance and postpartum recovery support.
Lingokids Raises USD$40M in Funding
– Lingokids from Madrid is a provider of an early learning platform.
– Series C $40m round brings company valuation to $100m.
– The round was led by an undisclosed investor, with participation from GP Bullhound and existing investors HV Capital and Ravensburger, among others.
– The new investment will be used for further international expansion, development of new and engaging forms of content for kids, as well as global hiring, especially for the platform engineering and development teams.
Cleo Raises $40M in Series C to Fuel Growth & Launch New Products for Working Families and Their Employers
– Cleo, the leading family benefits platform supporting working families in the planning stage through the teenage years, today announced a $40m Series C investment led by Transformation Capital, with participation from Glynn Capital, PruVen Capital and Gaingels and existing investors Greylock, NEA and Felicis.
– In conjunction with this round, Transformation Capital Managing Partner, Mike Dixon will join Cleo’s Board. This round brings Cleo’s total funding to $83m.
– Since its founding in 2016, Cleo has become the industry’s most complete and high-impact family benefits platform. Its products and services help a diverse set of more than 100 leading employers attract, retain, and drive better health outcomes for working parents in over 55 countries.
Subscription Book Club Company Literati Raises $40 Million
– Literati is a subscription book club company.
– The company raised $40m in Series B funding.
– The round was led by Aydin Senkut of Felicis with additional funding from Dick Costolo and Adam Bain of 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners, and Springdale Ventures.
– Stephen Curry also joined in the round.
