💸 Paige Finn Doherty’s Behind Genius Ventures Launches $8.9M Second Fund
FemWealth Issue #156
Hi FemWealth Friends,
In today’s edition: Paige Finn Doherty’s Behind Genius Ventures closed its second fund at $8.9M; Joanna Strober and Sharon Meers’ Midi Health secured a $60M Series B for its telehealth services tailored to women undergoing perimenopause and menopause; Caroline Grey’s Treefera raised $12M for its forestry data platform; and more in women-led startups and VC.
Get in touch at femwealth@substack.com.
In the Spotlight 💸
Founded and led by Paige Finn Doherty - one of the youngest solo GPs in the VC industry, Behind Genius Ventures launched its second fund with $8.9 million in capital commitments.
The US firm aims to write checks between $150,000 and $250,000. The new fund’s thesis will revolve around compelling brand stories.
“I believe deeply in the business value of storytelling, and I prioritize founders who demonstrate those strong storytelling capabilities.” - Paige Finn Doherty (via Term Sheet).
Behind Genius’ portfolio spans gaming, wellness, dev tools, fintech, and creator tools. It includes companies such as Coastal Carbon, BreakSports, and Statusphere.
Read more here.
FemWealth Favourites ❤️
Endpoint Security Firm ThreatLocker Raises $115 Million in Series D Funding - Co-founded by Sami Jenkins, ThreatLocker is a US-based zero trust endpoint security company. It announced $115 million in a Series D funding led by General Atlantic and joined by StepStone Group and D.E. Shaw.
Midi Health, the Fastest-Growing Virtual Clinic for Perimenopause and Menopause, Raises an Additional $60M in Series B Round - $100M Total Funding to Date - to Transform Women’s Healthcare - Co-founded by Joanna Strober and Sharon Meers, Midi Health offers telehealth services tailored to women undergoing perimenopause and menopause. The US startup secured a $60 million Series B extension. Emerson Collective led the round, joined by previous investor GV, alongside Memorial Hermann, SemperVirens, Felicis, Icon Ventures, Black Angel Group, Gingerbread Capital, Able Partners, G9, and Operator Collective.
PinkDx Launches with $40 Million Series A Financing to Develop Diagnostics Addressing Unmet Medical Needs for Women - Co-founded by Bonnie Anderson and Giulia Kennedy, PinkDx develops diagnostic tools focused on women’s health issues, such as gynecological cancer. The US company raised a $40 million Series A round co-led by Catalio Capital Management and The Production Board. Mountain Group Partners, Byers Capital, and Mayo Clinic also contributed.
Equip Adds $35M in Funding to Scale Its Eating Disorder Telehealth Services - Co-founded by Kristina Saffran and Erin Parks, Ph.D., Equip is a telehealth startup that provides virtual eating disorder treatment services. The San Diego-based company raised $35 million in new funding from Optum Ventures, Tiger Global, and General Catalyst.
SaaS Payflows raises €25M Series A - Co-founded and led by Pauline Glikman, Payflows is an AI-powered SaaS finance platform. The Paris-based company raised €25 million in a Series A funding round led by Balderton Capital with participation from existing investors Ribbit Capital, Headline, 20VC, and the family offices of Plaid’s founder and Galeries Lafayette.
Cognivia Secures Strategic 15.5M€ Funding to Empower Drug Development with AI-ML Solutions - Co-founded and led by Dominique Demolle, Cognivia develops machine learning algorithms for clinical research in the pharmaceutical industry. The Belgium-based biotech raised €15.5 million from Vesalius Biocapital, SFPIM-International, and Wallonie Entreprendre.
Infogrid cements $13M funding to scale real estate decarbonisation solutions, led by climate tech pro Kate Henningsen - Led by newly appointed CEO Kate Henningsen, Infogrid is a smart building platform for facilities and building management. The London-based startup raised $13 million in a Series B extension from Keyframe Capital, A/O, Northzone and The Venture Collective.
Ex-JPMorgan and UiPath execs raise $12m for forestry data platform - Co-founded by former UiPath chief customer officer Caroline Grey, Treefera provides a forestry data platform that measures the effectiveness of conservation projects and the impact of carbon credit schemes. The company raised $12 million in a Series A funding round led by AlbionVC.
Summer Health pockets $12M series A to grow text-based pediatric service - Co-founded and led by Ellen DaSilva, Summer Health offers message-based pediatric services. The New York startup raised $11.65 million in a Series A round co-led by 7wire Ventures and Lux Capital. Existing investors Sequoia Capital, Box Group and Metrodora Ventures also joined alongside new investor Pivotal Ventures.
Clarity Pediatrics raises $10M for treating ADHD and other chronic childhood conditions - Co-founded and led by Christina LaMontagne, Clarity Pediatrics provides pediatric chronic care for patients with ADHD. The San Francisco startup raised a $10 million Seed round led by Rethink Impact, joined by Homebrew and Maverick Ventures, January Ventures, Vamos Ventures, Alumni Ventures, and Citylight VC.
Carv raises $10M Series A to help gamers monetize their data - Co-founded by Clo G., Carv is a data layer platform that enables gamers and web3 gaming companies to control and monetize their data. The US startup raised a $10 million Series A round led by Tribe Capital and IOSG Ventures. Arweave, Consensys, Draper Dragon, Fenbushi Capital, LiquidX, MARBLEX, No Limit Holdings, and OKX Ventures also participated.
UK healthtech Elvie raises £9.6m in fresh funding - Co-founded by Tania Boler, women’s health startup Elvie raised £9.6 million in an internal funding round to further develop its smarter technology products, and strengthen its operations and infrastructure.
Real Estate Decarbonisation Platform Accacia Raises US$6.5m Pre-A Round Led by Illuminate Financial - Co-founded and led by Annu Talreja, Accacia is a decarbonisation platform for the real estate and infrastructure sectors. The Singapore-based company closed a $6.5 million pre-Series A round led by Illuminate Financial, with AC Ventures, Accel and B Capital also joining.
Auxa Health secures $5.2 million in Funding to Drive Benefit Navigation - Co-founded by Monica Chopra and Samantha Adelberg, Auxa Health provides an AI-powered benefit navigation technology solution working with payers and providers to enable consumers to access care more efficiently and effectively. The New York-based startup raised a $5.2 million Seed round led by Zeal Capital Partners, with additional support from AlleyCorp, K50 Ventures, Laconia Capital Group, and Chaac Ventures.
TikTok-beloved Skin Care Brand Experiment Closes $3.3 Million Seed Round (WWD $) - Founded by Lisa Guerrera and Emmy Ketcham, Experiment is a TikTok-native skin care brand. The US startup closed a $3.3 million Seed round led by Greycroft.
Paris-based fintech RockFi raises €3 million to become the “new wealth management” - Co-founded by Marie Bedu, RockFi is a private wealth management platform that connects private bankers and managers with customers. The Paris-based startup raised €3 million in a funding round led by Varsity I.
Rodinia Generation raises €3M to fight garment waste with on-demand microfactories - Founded by designer Trine Young, Rodinia develops software and hardware technology to combat garment overproduction. The Copenhagen-based startup raised €3 million in Seed funding from investors including Climentum Capital and the Export and Investment Fund of Denmark (EIFO).
“It should be possible only to make clothes when they are actually bought, without having to transport them from one end of the planet to the other while causing all sorts of damage to people and the environment along the way.” - Trine Young, founder and CEO of Rodinia
Diddo’s new funding will bring its shoppable TV API to streaming platforms - Co-founded by Pamela Chen, Diddo offers an API for streaming services and other platforms to integrate shoppable videos that enable consumers to buy their favorite characters’ clothing and accessories directly on their screens. The US company a raised $2.8 million in Seed funding. Link Ventures led the round with participation from Neo and angel investors including Erica Lockheimer (LinkedIn) and Camille Ricketts (ex-CMO of Notion).
London-based FilmChain raises €2.8 million to bring automation to payments in film and TV - Co-founded and co-led by Maria Tanjala and Irina Albita, FilmChain automates payment and revenue management for the film and TV industries. The London-based startup secured €2.8 million in a round led by the Holt IntersXion fund, joined by Roca X, DeBa Ventures, TechAngels Romania, and returning investor HearstLab.
Camion raises €2.7M for EV charging analytics - Co-founded by Lorna J (Noble) Walker and Paige Mullen, Camion is an intelligence and analytics platform for power and electric vehicle charging. The London-based startup raised €2.7 million in a Pre-Seed round led by EQT Ventures and joined by First Look Capital and RitMir Ventures.
Handl Health secures $2.5M in Seed Funding to drive innovation for the employer-sponsored benefits ecosystem - Co-founded by Ria Shah, Handl Health provides an AI platform that compares prices of carrier networks and healthcare providers to help benefits consultants design and manage health plans. The Los Angeles startup raised $2.4 million in a Seed funding round co-led by Mucker Capital and Everywhere VC. Tau Ventures, Riverfront Ventures, Digital Health Venture Partners, Boutique Venture Partners, Plug and Play Ventures, and Techstars also joined.
Pelvital Secures Additional $2.32M Seed Plus Funding for Its Flyte Device for Stress Urinary Incontinence - Led by Lydia Zeller, President and CEO, Pelvital raised a $2.32 million Seed-plus funding round to commercialise its FDA-cleared treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles. Boomerang Ventures led the round, joined by Pier 70 Ventures, Life Science Angels, Tech Coast Angels Orange County, and Blue Pacific Fund.
Growcer Raises C$3M in Series A to Accelerate Growth - Co-founded by Alida Burke, Growcer is a vertical farming startup that creates modular farming systems for harsh climates and urban settings. The Canadian company raised $2.2 million in a Series A round led by Modern Niagara.
Sexual Wellness Brand Playground Expands Retail Presence Following Successful $2M Raise - Co-founded by music star Christina Aguilera, CEO Catherine Magee, and CPO Sandy Vukovic, Playground is on a mission to make sexual wellness products more accessible to consumers. The US startup raised $2 million in an oversubscribed round from Palm Tree Crew Holdings, Fourward Ventures, Goddess Fun+d, and Amboy Street Ventures, and influencers Dr. Emily Morse of Sex with Emily and Call Her Daddy’s Alex Cooper.
Biotech SeaBeLife awarded €1.5M to combat visual degeneration - Founded and led by Morgane Rousselot, SeaBeLife is a biotech company developing drugs designed to block cellular necrosis. The France-based company has been awarded over €1.5M for its SeaBeEYE project at the i-Nov 2024 innovation competition.
Bloom & Wolf raises €1.4M for silk flower subscription service - Co-founded and led by Gwen van de Pas, Bloom & Wolf is a luxury silk flower company. The Amsterdam-based startup closed a €1.4M Pre-Seed financing round, led by CapitalT, with participation from Joanna Invests and angel investors.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth