The Mom Project Raises $80 Million Series C To Further Unlock Economic Opportunity For Moms – Corporate/Commercial Law

United States:

The Mom Project is raising $ 80 million for Series C to open up more economic opportunities for mothers

October 13, 2021

Cooley LLP

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Represents the largest global investment ever made in women-centric human resource technology

New York – October 11, 2021 – Cooley advised The Mom Project, a job board for mothers to discover their economic potential, on its $ 80 million series C round of funding. Partner Adam Dinow led the Cooley team that advised The Mom Project on the financing.

Leeds Illuminate led the round, in which existing investors 7GC, Initialized Capital, OCA Ventures, Citi, High Alpha and Grotech Ventures participated. The Mom Project will use the new capital to invest in product development, sales, and team growth to meet its goal of connecting mothers to more than $ 1 billion in economic opportunity over the next two years.

“We’ve shown the market that betting on mothers is good business,” said Allison Robinson, founder and CEO of The Mom Project, in a press release. “We have seen 20-fold growth in the last three years and are striving to use this dynamism and the trust and justice that we have acquired from mothers and our customers and partners to further expand the range of category-defining solutions that is reshaping the way work evolves to meet the needs of modern families. “

The Mom Project aims to help women stay active at every stage of their careers by working with employers who are committed to creating and supporting a better place to work. The Working Mothers Community enables women to support one another, connect with support for career goals, and gain access to the resources they need to thrive in their personal careers as parenting.

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