Categories: Uncategorized

Utah startup helping mothers with childcare bags $2 million in funding

Momni, a women-led startup out of Utah helping mothers with their childcare options, bagged $1.75 million in funding from investors.

In the United States, where people are sometimes without many resources to turn to from the government or employers when it comes to maternity and paternity leave, the startup is focusing on helping these parents out who need better childcare alternatives.

The app, which just launched this year, connects parents with available baby sitters who come pre-approved via the platform.

One of the major investors behind the recent multi-million dollar backing was Tamarack Capital.

“Few things are as socially significant as what Momni is focused on,” said Nate McBride, a partner at Tamarack Capital, according to an article from Desert News.

“They are a very talented team working on a significant challenge, and we are proud to work with them in solving it for good,” he added.

Karmel Larson, a mother of eight kids, is the founder of Momni. She has said in past interviews that her goal with Momni is to have parents finally get a chance for alternative options.

Michael Krumholtz

Michael is a journalist living in Medellín, Colombia.

Recent Posts

Crafting Your Startup MVP: A Comprehensive Roadmap for Efficiency and Cost Savings

Many of you probably know that one of the most crucial steps in running a…

1 week ago

EV fleet management startup Synop launches mobile app

New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…

1 week ago

Blockchain industry set to benefit from new collaboration between University of Notre Dame and startup Crescite

The blockchain industry is set to benefit from a new collaboration between the University of…

1 week ago

NTT Research Foundation announces gift to establish Harvard University Center for Brain Science Fellowship Program

The NTT Research Foundation announced this month a gift to establish the Harvard University Center…

2 weeks ago

Unveiling GA4 Reports & Interface: A Beginner’s Guide (Part 2)

Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…

2 weeks ago

Pitbull Ventures Closes $5M Fund To Help The Next Generation of Vertical SAAS Companies

Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…

2 weeks ago