Wednesday, March 11, 2020
Fairygodboss Raises $10M to Become Daily Habit for Career-Minded Women
Fairygodboss Raises $10M to Become Daily Habit for Career-Minded Women Dear Fairygodbosses,On the heels of International Womens Day and despite recent data showing that female founders only received 2.2% of venture funding in 2018 Fairygodboss, led by two female co-founders, is announcing a $10 million Series A investment, co-led by GSV Accelerate and Signal Peak Ventures.Fairygodboss began as an anonymous job review platform but quickly morphed into the largest social network for career-minded women. With product features such as job listings, career content, employer profiles, a personalized daily feed, and crowdsourced databases of companies benefits, this new investment enables Fairygodboss to enhance its product and expand its team to betreuung the rapidly growing FGB Community and corporate customers.Four years ago, we Georgene and Romy founded Fairygodboss after Georgene had what she likes to call a very bad (but ultimately fortuitous) day at work. Very suddenly, she was f ired from zu sich executive role as part of a management shake-up. She found herself jobless while two months pregnant. As you can imagine, it wasnt an ideal situation. However, it did inspire the premise of Fairygodboss that when we come together, we can improve the workplace for all women.During Georgenes job search, she wanted to connect with and hear from other women who had gone through something similar. And as she went on interview after interview (while hiding her pregnancy), she had questions about employers parental leave policies, what her work-life balance would be like if she worked there, and whether these employers had women in leadership roles. Was this a place where her career could thrive? She couldnt find the answers she was looking for easily. Thanks to your contributions and voices, however, some of that Unlike some other female-focused career startups that charge fee-based memberships or event ticket sales, Fairygodboss is committed to being a free, digital pl atform for the millions of women who visit the site every month.From leaving an anonymous employer review to weighing in on the days latest discussions, you are what makes us such a strong, supportive community. In honor of this exciting announcement, we want to celebrate you and your achievements Take a few minutes to brag about something youre proud of so the FGB Community can talk you up. Cheers,Georgene Romy
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