Nest Collaborative Closes $2.1M Seed Funding Round

Nest Collaborative

Nest Collaborative, a Farmington, Conn.-based creator of a virtual lactation consultation platform, raised $2.1m in seed funding.

The round was led by Altitude Ventures, with participation from Bread and Butter Ventures, Wavemaker 360, Portfolia FemTech Fund II, Connecticut Innovations, Carnrite Ventures, and the Hustle Fund.

The company intends to use the funds to scale its team, invest in additional breastfeeding support offerings, increase marketing and partnerships, expand its scale and technological capabilities.

The company’s services, which are covered by most national payers, have quickly scaled to serve thousands of moms and babies across the country.

Led by CEO Amanda Gorman, Nest Collaborative created a nationwide network of lactation consultants, available to mom 24/7 through virtual consultations. The company also offers mom a no-cost, insurance-paid experience and connect to a consultant within hours. Nest takes care of all the payment and paperwork on the back end.

FinSMEs

18/02/2021