There's a new venture capital fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of marketing agency Bamboo, has raised just over $5 million for its Fund I, according to a filing with the SEC. There was no target increase amount.
The company, which quietly opened in 2023is a start-up company looking to invest in companies this address some of the most pressing concerns facing women, including caregiving, health and wellbeing, and finances. So far, according to PitchBook, it has invested in at least one company: mental health care platform Mavida Health.
Kamada did not respond to our request for comment.
Kamada posted a year ago that she left her job at Bamboo after seven and a half years without knowing what to do next. At the company, she served as vice president of growth marketing, before becoming COO and joining the board of directors. She also worked at RedDrop, which provides menstrual education to preteens, as a growth consultant. Bamboo is known for working with startups and tech companies like Great Jones, Lemonaid and Dropbox, it says.
Swizzle enters the industry at an important time for innovation targeting women. The healthcare sector is changing a crisis due to the cost of providing for sick family members; women face a historic financial boom of the next planned “wealth transfer”; and women's health has always been a hot topic, even more so now with the overturning of Roe.
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