Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’
Image Credits:Malte Mueller / Getty Images Halogen Ventures closed a $30 million Fund III to invest in early-stage startups building in the “future of family,” as reported first by Fortune.
The firm was founded in 2015 by Jesse Draper, the daughter of famed venture capitalist Tim Draper. She explained to Fortune that the fund will focus on the physical and financial health of households.
Startups in the care economy have received more investor interest in the past few years after the pandemic, which exacerbated childcare and elderly care struggles. Other funds that work in this space include Pivotal Ventures and Magnify Ventures.
Halogen focuses on consumer companies that have at least one female founder. It has invested in companies such as Teal Health and Vibrant Planet, and last raised a $21 million Fund II in 2021 and a $10.41 million Fund I in 2018, per PitchBook. Halogen did not immediately respond to our request for comment.
Jesse Draper's Halogen Ventures’ closing of a $30M Fund III underscores their commitment to the advancement and innovation in family-oriented technologies, signaling an exciting new era for families seeking enhanced wellbeing solutions through AI integration.
Jesse Draper's founders Halogen Ventures successfully secures $30M Fund III, underscoring their commitment to investing in and shaping the 'future of family', signaling a new era where innovation meets familial wellbeing.
Jesse Draper's Halogen Ventures’ recent closing of their $30M Fund III signals a significant commitment to investing in the 'future of family', which holds immense promise for shaping innovative solutions that enhance our personal lives and strengthen intergenerational connections.
The recent closing of Jesse Draper's Halogen Ventures Fund III with $30M underscores their dedication to shaping the future of family dynamics through innovative investments.
