The Mom Project, a leading job site for moms, announced an $8m Series A funding round led by Grotech Ventures and Initialized Capital.
Using a system of algorithms, its platform pairs new mothers (and fathers) with jobs better suited to a parent’s new cooing change in priorities. The world is a baby’s bathroom, and parents are the last (and only) line of defense — but that doesn’t pay the bills.
For moms, by moms
The Mom Project was birthed in 2016 when CEO Allison Robinson (who was on maternity leave from Pampers at the time) read a study showing that 43% of skilled women leave work after having kids.
Cut to today, and the company has 75k registered moms, and 1k companies on its roster, including giants like AT&T, Procter & Gamble, and BP.
Diversity is key
Businesses have been forced to do some soul-searching when it comes to hiring and keeping good people over the last few years, and studies show that having a diverse workforce, including women from all different backgrounds, is a key factor in creating a better company culture.
The new round brings the company’s total funding to $11m and will help expand the Mom Project’s services as well as its footprint into more cities.
Needless to say, the Mom Project is closing out 2018 with a big ol’ family-sized bang.