Sapone and Beck are well ahead of Neumann in building the āFuture of Living.ā Launched in 2015, Alfred is the largest residential technology company in the US, operating in 52 markets across North America, and supporting over 300,000 residents in 357 communities.
ā (ā¦) we have these different core competencies that have taken us eight years of really hard work and evolution, building by building, shareholder by shareholder.ā
āFemale-led companiesā ideas are no smaller, and our ability to execute is no less, and I think thereās a huge arbitrage opportunity for backing female founders, especially in the space (ā¦).ā - Marcela Sapone, Co-founder & CEO of Alfred, in an interview on Bloomberg Technology
Earlier this year, the company raised $125 million in a strategic financing round led by Rialto Capital with participation from NEA, 166 2nd Financial Services (Neumannās family office), Holland Management, and others. The company is on a path to profitability.
Startups: šøPlume scoops up $24M for virtual transgender healthcare - Co-founded by Dr. Jerrica Kirkley (Chief Medical Officer), Plume, a US-based startup, offers virtual care for transgender patients. The Series B funding round was led by Transformation Capital, with participation from General Catalyst and Town Hall Ventures.
šø This freshly funded startup spun out of a student-run Stanford investment club - Founded and led by Steph Mui, PIN (stands for power in numbers) has raised $5.6 million in seed funding to replicate its community investment strategy for other schools, groups, and communities. The round was led by Initialized Capital, with investments from GSR, Industry, NEA and Canaan.
āA lot of women I know were experiencing painful periods and other hormon- related symptoms. Women were tired of the pill and the negative impact itās had on their brains and bodies. They were getting off it in droves and looking for natural alternatives.ā - Brittany Hugoboom
šø Hera Biotech Raises $1.9M in Seed Funding for Its Non-surgical Diagnostic Test for Endometriosis - Co-founded and led by Somer Baburek, Hera Biotechās test uses a sample of the patientās endometrium collected during an in-office procedure to diagnose and stage endometriosis. The oversubscribed round includes investors Coyote Ventures, Stella Angels, Althea Group Ventures, and the Kendra Scott Womenās Entrepreneurial Leadership Institute.
š European Women in Venture Capital Summit: - The Women in Venture Capital Summit: Europe is the first Pan-European Event for Women in Venture Capital. The goal of WVC:E is to bring women active in the European VC ecosystem together to affect maximum inclusion and promote positive change. The event is taking place on the 26th/27th September at Station F, Paris. Come and meet hundreds of female investors, GPs, LPs and founders. Letās change the industry together! Enter the FemWealth community discount code wvceFW20 when purchasing your ticket.
āI have a personal interest because I own a pair of ovaries. I did not consent to this thing called menopause, and I do not want to go through it.ā - Jennifer Garrison, an assistant professor at the Buck Institute for Research on Aging in California
āItās a victorious day after many years of struggle. From now on no woman will have to prove that violence or intimidation was used for it to be recognised for what it is.ā - Irene Montero, Spainās equality minister.
āIf we want to have more diversity ... we have to expand our view on what a politician can look like. We have to accept the whole package and not just what we historically have been used to.ā - Rikke Dal Stottrup, Editor-in Chief of of Danish womenās magazine Alt for Damerne
āMany female employees face double standards like Marinās on a daily basis. When these women self-promote, speak directly or dominantly, or, as in Marinās case, drink alcohol, they can be perceived as too masculine and can face backlash. If they reveal their feminine side by dancing with friends or revealing their bodies, theyāre perceived as less competent. In other words, they canāt win.ā - Kim Elsesser, Forbes Senior Contributor
Why Preeclampsia, a Life Threatening Pregnancy Complication Is on the Rise [US-focus] - Preeclampsiaāa surge in blood pressure in the later stages of pregnancy that endangers both mother and babyāhas spiked during the Covid pandemic. The life-threatening condition affects mainly low-income and Black women. A restricted access to abortions will impact the chances of survival of patients suffering from preeclampsia.
āThe apparent spike in the decades-long rise of preeclampsia in America, and its correlation with COVID, is a case study in how politics wraps itself around the neck of health care.ā
āThe post-Dobbs abortion bans leave less time to borrow. What none of these laws can possibly clarifyāwhat medicine, pregnancy, and the human body all refuse to schedule or defineāis when, precisely, a pregnancy complication such as preeclampsia becomes life-threatening enough for a medically necessary abortion to comply with the law, or when the measurable cardiac activity of an inevitably doomed fetus becomes less important than a living, suffering personās existence.ā - Jessica Winter, editor at The New Yorker
āTo equalize the load, women would have to stop doing housework on Aug. 29 for the rest of the year.
Equal Housework Day would help by admitting that the housework gap is actually a cultural problem thatās bigger than any one couple. And just as we canāt expect the gender pay gap to go away by getting women to ānegotiate betterā with their bosses, it shouldnāt be down to individual wives to solve the housework gap by ānegotiating betterā with their husbands.āĀ - Sarah Green Carmichael, Bloomberg Opinion editor
āWomen CEOs are proactively taken down based on behavior that men donāt even get noticed for, while men are retroactively taken down based on extreme missteps that have already come to light.ā -Rebekah Bastian, CEO of CEO OwnTrail
Thank you for reading FemWealth! š„° Please share this issue with a friend if you enjoyed reading it. Have a great Sunday and a successful week ahead!
Anamaria
Founder & Writer of FemWealth
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