Halogen Ventures closed $ 30 million of fund III to invest in early stages Building in the “Future of Family”, ” as reported first by fortune.
The company was founded in 2015 by Jesse Draper, the daughter of famous business capitalist Tim Draper. She explained to Fortune that the fund would focus on the physical and financial health of households.
Beginnings in the maintenance economy have received more investment interest in the past years after the pandemic, which has aggravated child care and old care struggles. Other funds that work in this space include pivotal projects and increase businesses.
Halogen focuses on consumer companies that have at least one female founder. It invested in companies like Teal Health and Vibrant Planet, and recently raised fund II from $ 21 million in 2021 and Fund I of $ 10.41 million in 2018, per pitch. Halogen did not immediately respond to our request for comment.
