Upon learning that 43 percent of skilled women leave the workforce after having children, Allison Robinson, a woman on maternity leave herself, founded The Mom Project to help women continue their careers after childbirth. The company recently completed Series A funding, receiving $8 million from Grotech Ventures, Initialized Capital, and other investors that will help the business expand.
Operating as a job placement platform, users sign up for The Mom Project, create a profile, and are paired with job opportunities that are compatible with their familial and career needs. The platform hosts over 1,000 employers dedicated to working with new parents to address and cater their needs, ensuring women do not have to leave their jobs upon giving birth.
The new funding brings the company’s total funding to $11 million, making it the largest company in the US dedicated to helping working mothers, a major population within the workforce, since about 86 percent of women will become mothers by age 44. With more companies valuing diversity in the workforce, major names like Proctor and Gamble, and AT&T are being connected to working women through the platform.
“The Mom Project is determined to create a future where women aren’t forced to choose between their families and their careers,” said Alda Dennis, a partner at Initialized Capital and new Mom Project board member. “There is a huge pool of experienced talent, parents, and non-parents that is sometimes overlooked because companies haven’t created the kind of diverse, flexible workplace culture that attracts and retains them. Initialized wants to be part of making this cultural shift happen.”
