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Alumnae-founded Fintech Startup Secures $29M in New Financing - Alumni

Alumnae-founded Fintech Startup Secures $29M in New Financing - Alumni
hbs.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hbs.edu Daily Mail and Mail on Sunday newspapers.

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Stacey Abrams' Financial Startup Now, Raises $9.5 Million In Series A Funding

Stacey Abrams' Financial Startup Now, Raises $9.5 Million In Series A Funding
blackenterprise.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blackenterprise.com Daily Mail and Mail on Sunday newspapers.

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Stacey Abrams co-founded fintech company Now raises $9.5M

After co-founding Insomnia Consulting, Stacey Abrams and Lara O’Connor Hodgson started Nourish to address a personal problem. “We were at a meeting, I think for one of my campaigns,” explains Abrams, the Georgia-based lawyer and politician whose voting rights work became a focal point for the country in 2020. The company was a victim of its own successes, to hear Abrams describe it or, more accurately, a victim of a system that didn’t provide it the right tools to grow. ....

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Stacey Abrams co-founded fintech company Now raises $9.5M – TechCrunch

Stacey Abrams co-founded fintech company Now raises $9.5M
After co-founding Insomnia Consulting, Stacey Abrams and Lara O’Connor Hodgson started Nourish to address a personal problem.
“We were at a meeting, I think for one of my campaigns,” explains Abrams, the Georgia-based lawyer and politician whose voting rights work became a focal point for the country in 2020. “[O’Connor Hodgson] needed to put together a baby bottle and had to trust the waiter to take the bottle back and wash it. She said, ‘I just wish there was a Dasani for babies.’ ”
Ultimately, however, Nourish ran into an issue. The company was a victim of its own successes, to hear Abrams describe it or, more accurately, a victim of a system that didn’t provide it the right tools to grow. A problem with invoicing ultimately stopped the childcare in its tracks. But it was precisely those failings that planted the seed for their next company, the simply named Now. ....

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