💸 Julia Cohen Sebastien and Kassidee Kipp's Grayce Secures $10M Series A to Empower Family Caregivers
FemWealth Issue #163
Hi FemWealth Friends,
In the Spotlight 💸
Co-founded by Julia Cohen Sebastien and Kassidee Kipp, Grayce is on a mission to empower family caregivers by bringing access to social care to people across the world through employers and health plans.
“At Grayce, we’re driven by a mission to address the critical workforce shortages in healthcare, childcare, and eldercare, while also meeting the growing demand for that care due to shifting demographics and rising rates of illness and disabilities. We recognize that millions of individuals are facing new care needs and responsibilities, and it’s our goal to enable their success, providing assistance with navigating caregiving challenges, along with personalized practical and emotional support.” - Julia Cohen Sebastien, Co-Founder and CEO at Grayce
The US startup raised $10.4 million in Series A funding from BBG Ventures, Correlation Ventures, GingerBread Capital, Alumni Ventures, Visible Ventures, Gaingels, and What If Ventures.
FemWealth Favourites ❤️
Startups: Medical Aesthetics Company AVAVA Secures $35 Million in Financing to Support Commercial Expansion of Breakthrough Laser Technology - Led by Dr. Irina Erenburg, Avava is a medical aesthetics platform advancing a new class of image-guided, focused intradermal laser products. The US company announced $25 million in Series C funding from Jeisys Medical and Catalio Capital.
Better Health raises $14M to deploy expanded payer partnerships - Co-founded by Naama Stauber Breckler, Better Health provides medical supplies and support services for individuals with chronic conditions. The San Francisco startup raised a $14 million round from Healthworx, UHealth, and Mosaic General Partnership.
AI news reader Particle adds publishing partners and $10.9M in new funding - Co-founded by Sara Beykpour, Particle provides an AI-powered news platform. The US startup raised $10.9 million in Series A funding led by Lightspeed Venture Partners, with participation from Axel Springer, and angel investors.
Alida Biosciences Raises $7.5M in Series A Funding - Co-founded and led by Gudrun Stengel, Alida Biosciences develops tools for epigenetic research. The San Diego, California-based company raised $7.5 million in a Series A round led by Genoa Ventures, joined by FusionX Ventures, and Vertical Venture Partners.
Danish biotech startup secures €7 million to lead sustainable aroma innovation - Led by Camilla Kloss Fenneberg, EvodiaBio uses fermentation to develop natural aromas. The Copenhagen-based startup raised 50 million DKK (~€7 million) in funding from investors including Export and Investment Fund of Denmark, The March Group, Nordic Foodtech VC, Symrise AG, PINC, Thia Ventures, Newtree Impact, and Ananke.
Kelvin wants to help save the planet by applying AI to home energy audits - Co-founded and led by Clémentine Lalande, Kelvin uses AI to provide energy efficiency recommendations for home renovations. The Paris-based startup raised a $5.1 million round led by Racine², with Bpifrance, Seedcamp, Raise Capital, Kima Ventures, and Motier Ventures also joining.
Lightspeed Venture Partners leads $4.3M seed in automated financial reporting fintech InScope - Co-founded by Mary Antony and Kelsey Gootnick, InScope leverages machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises. The San Francisco-based startup raised $4.3 million in Seed funding in a round led by Lightspeed Venture Partners with participation from angel investors.
YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions - Co-founded by Sarah Hamer and Elle Smyth, RetailReady provides a tablet app that replaces paper warehouse manuals that document packing instructions. The US startup raised $3.3 million in Seed funding. Wischoff Ventures led the round, joined by Y Combinator, 640 Oxford, Lombardstreet Ventures, Duke Capital Partners.
Alumni HEC, Polytechnic Institute raise 2 million with artificial intelligence platform Veeton - Co-founded and led by Flore Lestrade, Veeton uses artificial intelligence to produce visuals for fashion brand photo shoots. The company raised €2 million in Pre-Seed funding led by Founders Future and Armilar Venture Partners, with Kima Ventures, ZeBox Ventures, and business angels also participating.
Corporate travel startup Alō Index raises $1.9M (Axios Pro $) - Co-founded by Anna Rose Feinberg and Leanne Turner, GTP, Alō Index connects corporate travel buyers with hotels that match their ESG needs. The US-based startup raised $1.9 million in Pre-Seed funding led by Impellent Ventures, with additional support from Techstars, and angel investors.
London-based Niya raises £1.5m to build career platform for underrepresented workforces - Co-founded by Holly Simmons, Niya provides an AI-powered career management platform to help refugees, migrants and people from low-income backgrounds progress in their careers. The London-based startup raised £1.5 million from angel investors and Google.org.
Vinterior secures £3m from Channel 4 to get on TV - Founded and led by Sandrine Zhang Ferron, Vinterior is a UK-based vintage furniture marketplace. The startup secured £3 million in media for equity from 4 Ventures, the venture arm of British broadcaster Channel 4.
VC: Vsquared closes second fund of €214m to cash in on Europe’s deeptech boom - Co-led by General Partner Lise Rechsteiner, PhD, Munich-based Vsquared Ventures closed its second fund with €214 million in capital commitments to invest in early-stage, deeptech startups.
The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M - Founded and led by Managing Partner Masha Bucher, Day One Ventures launched its Fund III of $150 million to back early-stage founders “solving humanity’s most pressing issues”.
Nicole Perlroth, a longtime cybersecurity journalist, announced she’s launching Silver Buckshot, an early-stage cybersecurity VC firm. (via Axios Pro $)
How Urvashi Barooah broke into venture after everyone told her she couldn’t - Features Urvashi Barooah, a newly promoted partner at Redpoint
Women’s Health: Femtech Venture Studio Daya Secures Strategic Investment Round Led by International VC Fund Nextblue - Led by Malin Frithiofsson, Daya Ventures AB (Daya), a Swedish venture builder focused on women’s health, raised an undisclosed Pre-Seed round.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth