Halogen Ventures has announced the closure of a $30 million fund focusing on the 'future of family'. Founding partner Jesse Draper identified this market as a significant opportunity following the COVID pandemic, particularly in light of challenges faced by families. With a report indicating the potential value of this market at $7.5 trillion, the fund will span various sectors including childcare, ed tech, and digital solutions for family management. Draper has stressed the importance of perseverance in seeking investments, especially from diverse geographical sources.
Halogen Ventures has launched a $30 million fund to invest in the future of family, recognizing a $7.5 trillion market focused on family dynamics post-COVID.
Jesse Draper shifted her focus from childcare to the broader 'future of family', addressing physical and financial health along with various supportive technologies.
Draper emphasizes the need for emerging managers to persevere, advising not to be discouraged by rejection but to broaden their fundraising efforts beyond local boundaries.
With investments in platforms like Babylist and Upwards, Halogen Ventures aims to address the needs of families seeking better scheduling and financial management tools.
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