Swizzle Fund raises $5 million for inaugural fund addressing women’s health and wealth

There’s a new investment fund in town. The Swizzle Fund, founded by Jessica Kamada, former COO of marketing agency Bamboo, has raised just over $5 million for its first fund. According to an SEC filing. There was no target increase amount.

The company that It opened quietly in 2023is an early-stage company looking to invest in companies This address Some of the most pressing concerns women face, including care, health and wellness, and finances. It has invested in at least one company so far, according to Pitchbook, mental health care platform Mavida Health.

Kamada did not respond to our request for comment.

Kamada Published a year ago She left her job at Bamboo after seven and a half years with no plan of what to do next. At the company, she was Vice President of Growth Marketing, before becoming COO and joining the Board of Directors. She also used to work at RedDrop, which provides menstrual education to teenage girls, as a growth consultant. Bamboo is known for working with startups and technology companies such as Great Jones, Lemonaid and Dropbox, the company says.

Swizzle enters the industry at an important time for innovation targeting women. The care industry bears witness crisis Because of the cost of supporting sick family members; Women are facing a historic boom in finances of the upcoming “wealth transfer”.; Women’s health has always been a hot topic, even more so now Roux coup.