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Photo caption: Halogen Ventures team (from top left to top right) Jennifer Kwan Mandelbaum, Ashley Balla, Jesse Draper and Adriana Gadala-Maria Ochi

Halogen Ventures, Jesse Draper’s venture capital firm focused on early stage startups with a woman on the founding team, is announcing today the close of a third fund at $30 Million. With this fund, Halogen will prioritize investments in the $7.5T Future of Family category with a focus on childcare, while continuing to invest in female founded companies who are innovating and solving global problems across industries.

“We’re investing in the Future of Families because it’s a massive and untapped opportunity. Childcare is broken in the United States – options and schooling is completely unaffordable for children under the age of 6 for 99% of society. This leads to neglect, kids falling into the foster care system and as over 70% of the incarcerated today went through our foster care system, something needs to change here. Not only is this a massive business opportunity, but it’s also imperative that we do something differently in childcare,” 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.”

The Future of Families market is currently valued at $7.5 trillion and is expected to grow significantly as family life dynamics continue to evolve over the next decade and beyond. Since the global pandemic, women have lost more than $800 billion in income and more than 64 million jobs globally due to the childcare crisis. With childcare costs increasing year over year, over 40% of families in the U.S. struggle to find childcare solutions. Studies show the crisis is getting worse and it’s taking a toll on families. Even the U.S. Surgeon General released an advisory on the mental health and well-being of parenting in America. While the United States is ahead in many things, we have fallen behind the Nordic Countries, France, Canada and beyond in childcare. No society can survive without proper support of families.

Halogen’s third fund will focus on meeting the unmet needs of the modern family by investing in five core verticals: Childcare, Education/EdTech, FamTech (Family Technology), Child & Youth Services, and the Digital Workplace.

Draper raised this fund alongside her partners Ashley Balla and Jennifer Kwan Mandelbaum. Other key team members include Adriana Gadala-Maria Ochi and Julia Richter. Limited Partners in Halogen’s Fund Three include: The State of Alabama (Innovate Alabama), Fenwick’s Fund of Funds, Candace Nelson (Founder of Sprinkles), Gingerbread Capital, Mike Evans (Founder of Grubhub) and Lanyon Advisors.

Draper founded Halogen Ventures in 2015 after recognizing startups with women founders were one of the most overlooked and high-potential investment opportunities of our time. Since then Draper has demonstrated there is no lack of deal flow from female founders who are innovating and tackling world-changing problems. Halogen portfolio companies include Everlywell’s at-home health testing (val $3.5B), Babylist ($1B GMV), Flex the top selling brand in sustainable period care ($24.8B market), HopSkipDrive (over 1M safe trips to and from schools), Upwards leadership in childcare solutions ($520B market), Dacora, the first female founded electric vehicle, Metropolis (AI powered mobility and parking provider) among other leading consumer technology and B2B solutions. Halogen’s 75 portfolio companies include five unicorns and have created over $15B market value and are100% female founded.

Photo courtesy of PRNewswire

SHEIN, the global online and fashion and lifestyle retailer, today announced its latest home collection, curated by luxury real estate expert and reality television personality Heather Rae El Moussa. Heather Rae knows a dream home isn’t just about finding the perfect listing — it’s about creating a space that feels uniquely yours. Now, the real estate and lifestyle expert is bringing her signature style to SHEIN with a curated home collection designed to make every space feel stylish, welcoming, and effortlessly lived in.

The star of Selling Sunset, The Flipping El Moussa, and The Flip Off’s believes that a well-designed home does not have to break the bank, making this an ideal partnership. Heather Rae’s curated SHEIN collection features a range of stylish home goods and accessories that add personality and flair to any space.

“Creating a beautiful home shouldn’t have to be overwhelming or expensive, it should be a reflection of your personal style,” says Heather Rae. “With the SHEIN x Heather Rae Home Must-Haves collection, I’ve curated pieces that instantly elevate any space, whether it’s your kitchen, bedroom, or backyard. I’m excited to help make affordable design feel luxurious and within reach for everyone.”

The SHEIN x Heather Rae Home Must-Haves Collection seamlessly blends timeless elegance and accessible luxury. It features an array of furniture and decor for the whole home, boasting a neutral palette that can easily be incorporated into any home.

SHEIN and Heather Rae invite fans to share how they style their spaces with pieces from the collection on social media by tagging @shein_us and using the hashtag #SHEINxHeatherRae. The SHEIN x Heather Rae Home Must-Haves Collection is now available on SHEIN.com.

Photo courtesy of PRNewswire