The MOM Project Raises $80 Million

hr tech funding news
Read Time42 Second

The Mom Project Inc., a recruitment firm focused on mothers, raised $80 million in new capital at what may be a pivotal moment for working women and the companies that want to hire them.

The Mom Project, on whose website candidates get matched with white-collar jobs that seek to accommodate work-life balance, raised new capital to make hires and develop its products. Leeds Illuminate, a women-led growth equity investor launched last year with a focus on education and workforce-development companies, led the Series C round of equity that totaled $60 million and valued the company at above $300 million. The Mom Project also raised $20 million in debt from Silicon Valley Bank.

The Mom Project has more than 500,000 job seekers on its platform, most of whom are college-educated.

FULL STORY ON WSJ

About Post Author

HR Tech Guy

Let's just say I'm an HR tech news junkie. HR techies unite!

RECRUITMENT MARKETPLACE


»HR Freelance Directory


»Relocation Job Board


»Diversity Job Board


»Free Rejection Email Templates


»HR Tech Jobs


»HR Podcast Directory


»Recruiting Newsletters


»RecTech PR


»Recruiting Ebooks


»Career Site Software