Halogen Ventures Closes $30M Fund to Invest in Childcare and Future of Family

Whats Happening:

Halogen Ventures, Jesse Draper's venture capital firm, has closed its third fund at $30 million. The fund will focus on investing in the $7.5 trillion Future of Family market, with a particular emphasis on childcare solutions and female-founded startups addressing global problems across industries.

Key Moves:

• Halogen Ventures closes $30 million third fund

• Fund to focus on $7.5T Future of Family market, especially childcare

• Continues investing in female-founded companies solving global problems

By The Numbers:

• $30 million: Size of Halogen Ventures' third fund

• $7.5 trillion: Estimated value of the Future of Families market

• 75 portfolio companies with 100% female founders, creating over $15B in market value

Key Quotes:

• "We're investing in the Future of Families because it's a massive and untapped opportunity. Childcare is broken in the United States," - Jesse Draper, Founding Partner of Halogen Ventures

• "There are over 80 million families in the United States alone and yet Venture Capital has overlooked this market."

• "We are both deeply passionate and data driven about this space and believe there are a wealth of high potential opportunities that will help parents and families at scale."

Bottom Line:

Halogen Ventures' $30 million fund represents a significant investment in the underserved Future of Family market, particularly in childcare. By focusing on female-founded companies and addressing critical issues like the childcare crisis, Halogen aims to tap into a massive market opportunity while driving positive social impact.

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