What is The Mom Project?
Founded in 2016 and based in Chicago, Illinois, The Mom Project operates as a digital talent marketplace and community. Its core mission is to connect women with world-class companies, addressing a critical need for flexible and meaningful career opportunities. The company's platform facilitates engagement between skilled professionals and organizations seeking diverse talent, fostering a more inclusive workforce.
How much funding has The Mom Project raised?
The Mom Project has raised a total of $115.6M across 4 funding rounds:
Other Financing Round
$2.6M
Series A
$8M
Series B
$25M
Unspecified
$80M
Other Financing Round (2018): $2.6M with participation from BBG Ventures, Atlanta Seed, OCA Ventures, Irish Angels, Engage Venture Fund, and Wintrust Ventures
Series A (2018): $8M led by Atlanta Seed, OCA Ventures, Wintrust Financial, Engage Venture Fund, Grotech Ventures, Initialized Capital, Aspect Ventures, IrishAngels Ventures, and BBG Ventures
Series B (2020): $25M supported by OCA, Irish Angels, Wintrust Financial, 7CG, Synchrony Financial, Engage VC, Silicon Valley Bank, Citi Ventures, Capital, Grotech Ventures, Initialized Capital, Aspect Ventures, and High Alpha
Unspecified (2021): $80M, investors not publicly disclosed
Key Investors in The Mom Project
Irish Angels
IrishAngels is a network of Notre Dame investors that focuses on investing in seed, seed+, and Series A stage startups. They leverage their active network to provide added value to the companies they fund. The organization emphasizes a collaborative and founder-friendly approach throughout the investment process, including regular check-ins to assist in company growth. Their portfolio includes a variety of startups, showcasing their commitment to supporting early-stage ventures.
Synchrony Financial
Synchrony Financial operates as a consumer financial services company in the United States. The company offers private-label credit cards, dual cards, small and medium-sized business credit products; and promotional financing for consumer purchases, such as private-label credit cards and installment loans. It also provides promotional financing to consumers for health and personal care procedures, products, or services, such as dental, veterinary, cosmetic, vision, and audiology; debt cancellation products; and deposit products, including certificates of deposit, individual retirement, money market, and savings accounts, as well as accepts deposits through third-party securities brokerage firms. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposits products through multiple channels, including digital and print. Synchrony Financial was incorporated in 2003 and is headquartered in Stamford.
Silicon Valley Bank
SVB Financial Group offers commercial and private banking, asset management, private wealth management, brokerage & investment services, funds management, and business valuation services. The company was founded in 1983 and is headquartered in Santa Clara, California.
What's next for The Mom Project?
The substantial enterprise-level funding indicates The Mom Project is poised for significant scaling and expansion. This strategic investment will likely fuel further development of its digital platform, enhance community engagement initiatives, and broaden its reach to more women and corporate partners. The company is well-positioned to solidify its leadership in the talent marketplace sector, driving innovation in how companies access and retain female talent.
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