New York – January 2, 2019 – Cooley advised The Mom Project on its $8 million Series A financing. Partner Adam Dinow headed the Cooley team advising The Mom Project, a digital talent marketplace and community that connects professionally accomplished women with world-class companies.
Grotech Ventures and Initialized Capital led the round. Aspect Ventures and existing backers Atlanta Seed Company, Engage Ventures, OCA Ventures, BBG Ventures, IrishAngels and Wintrust Financial also participated.
“For decades, women have searched for a solution like The Mom Project," said The Mom Project CEO Allison Robinson in a news release. "What's different now is that most employers are paying attention to gender diversity and see the impact that ignoring it has on their financial performance. Since 86% of American women will become mothers by age 44, we believe supporting and retaining moms in the workforce represents the largest opportunity to close the gender gap in the United States."
The new capital will help The Mom Project connect millions of moms with brands that need their skills and develop new offerings that provide a curated experience for women throughout their journey of working motherhood. With the funding, The Mom Project will be the largest company in the nation wholly focused on helping moms succeed in the workplace.
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