August Venture Funding News
WE’RE BACK WITH OUR MONTHLY FUNDING NEWS, COVERING VENTURE CAPITAL DEALS FOR WOMEN-FOUNDED COMPANIES. MAKE SURE TO SUBSCRIBE TO OUR NEWSLETTER HERE.
If you’re new around here, only 2% of venture capital dollars went to startups founded by all-women teams and over 80% of VC investments went to all-men founding teams in 2022. At Glass Half Funded, we care deeply about increasing diversity in the industry and want to celebrate women that secure VC funding.
Last month, we tracked 19 venture deals totaling $261.3M:
Bobbie, an organic baby formula brand, raised $70M of Series C extension funding. The round was led by PowerPlant Partners. The company was founded by Laura Modi and Sarah Hardy, and is based in San Francisco, CA.
Allonnia, a biotech company developing solutions for waste, raised $30M of Series A extension funding. The round was led by Bison Ventures. The company was founded by Nicole Richards, and is based in Boston, MA.
GlossGenius, a software platform for beauty business owners to manage bookings, payments, clients, and inventory, raised $28M of Series C funding. The round was led by L Catteron Growth Fund. The company was founded by Leah and Danielle Cohen-Shohet, and is based in New York, NY.
Herself Health, a healthcare technology company targeting women over age 65, raised $26M of Series A funding. The round was led by Accretive. The company is led by Kristen Helton, and is based in Minneapolis, MN.
HerMD, a virtual and in-person women’s health provider, raised $18M of Series A funding. The round was led by Jazz Venture Partners. The company was founded by Somi Javaid, and is based in Cincinnati, OH.
Pano AI, which uses AI to detect and prevent wildfires, raised $17M of growth funding. The round was led by Valor Equity Partners. The company was founded by Sonia Kastner, and is based in San Francisco, CA.
Aclarity, which developed a water treatment system to remove forever chemicals, raised $12.8M of venture funding. The company was founded by Julie Bliss Mullen, and is based in Hadley, MA.
Trunk Tools, a fintech platform that enables same-day wage access for construction workers, raised $9.9M of Seed funding. The round was led by Innovation Endeavors. The company was founded by Sarah Buchner, and is based in New York, NY.
Passes, a paywall platform that is brand-friendly, raised $9M of Seed funding. The round was led by Multicoin Capital. The company was founded by Lucy Guo, and is based in Miami, FL.
Source, which provides design and project management software for commercial real estate development, raised $8.5M of Series A funding. The round was led by M13. The company is led by Nicole Schmidt, and is based in Portland, OR.
Language I/O, which provides software for multilingual customer support, raised $8M of Series A funding. The round was led by Joint Effects. The company was founded by Heather Morgan Shoemaker and Kaarina Kvaavik, and is based in Cheyenne, WY.
Sienna Naturals, a textured hair care brand, raised $4.8M of venture funding. The company was founded by Hannah Diop and Issa Rae, and is based in New York, NY.
Ad Fontes Media, which provides software to detect media bias, raised $4.2M of venture funding. The round was led by Aion Ventures. The company was founded by Vanessa Otero, and is based in Westminster, CO.
Hello Pediatrics, a telehealth services provider for after-hours pediatric care, raised $3M of Series B funding. The round was led by Sequoia Health Strategies and Dialectic Capital. The company is led by Lucy Janoyan, and is based in Fairfax, VA.
Hubly Surgical, which has developed a cranial drill to improve neurosurgery outcomes, raised $3M of venture funding. The company was founded by Casey Qadir, and is based in Lisle, IL.
Soona, which provides product photography and videography for brands, raised $2.6M of venture funding. The company was founded by Elizabeth Giorgi and Hayley Anderson, and is based in Denver, CO.
Primary, a baby and kids clothing brand, raised $2.3M of venture funding. The company was founded by Christina Carbonell and Galyn Bernard, and is based in New York, NY.
Teleskope, an AI-powered cybersecurity platform, raised $2.2M of Pre-Seed funding. The round was led by Lerer Hippeau. The company was founded by Elizabeth Nammour and Julie Trias, and is based in New York, NY.
Attn: Grace, a sustainability-focused incontinence care brand, raised $2M of venture funding. The round was led by For Later. The company was founded by Mia Abbruzzese and Alexandra Fennell, and is based in Boston, MA.
If you’re a pre-seed company looking for an accelerator, check out the SkyDeck program! Applications close August 24th.
Do you know any companies that should be on this list? Send them my way!