Momni Closes $1.75M Funding Round

momniMomni, Inc., a Springville, UT-based caresharing app, which connects moms to moms for premium childcare in their own neighborhoods and communities, secured more than $1.75m in funding.

The round, which brings total fundraising to more than $2m, was led by Tamarak Capital, a Utah family office, with participation from investors from Utah venture service firm RevRoad and angel investors.

The company intends to use the funds to expand features and open new markets.

Led by Karmel Larson, the company provides an Android and iOS app that connects moms for high-quality childcare. It offers instant access to care by mothers in a Momni Circle and community.

The company works closely with the Momni Foundation to provide caresharing opportunities to women and families in the developing world as a solution to the global childcare crisis.

FinSMEs

18/12/2018

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