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hey freya Completes Angel Round to Expand Access to Better Care for Women

hey freya Completes Angel Round to Expand Access to Better Care for Women

December 5, 2023 Craig Etkin

hey freya will use the new funds to begin clinical trials and expand its existing product offering to serve more of women’s top health concerns

December 05, 2023 11:00 AM Eastern Standard Time

PORTLAND, Maine–(BUSINESS WIRE)–hey freya, a women’s wellness brand radically shifting how women show up in the world and care for themselves, announced the close of its $500,000 Angel round of funding. The round was led by investors, individuals and family offices who align with hey freya’s mission, including Goddess Fun+d.

“We’re honored to be trusted with this undertaking and these funds will help us get to the next phase of our mission.”Post this

hey freya is on a mission to reimagine women’s wellness. Their adaptogenic supplements and multi-vitamin products are doctor-formulated to target symptoms caused by stress and burnout in women.

“hey freya’s mission and team aligns so well with our own experiences and purpose,” said Vanessa Loder, co-founder of Goddess Fun+d. “We’re thrilled to support the revolutionary progress they’re making in women’s health to take the burden off of women by offering accessible, evidence-backed, health and wellness solutions.”

This funding marks an exciting chapter in hey freya’s journey. The company will leverage this capital to officially launch their naturopathic product line, including their new antioxidant-packed hydration mix, Quench, and anti-anxiety supplement, Calm, commence clinical trials and support ongoing machine learning research with their partner, Northeastern University, on cortisol, a key stress hormone, and women’s health.

“This raise has underscored that even against the backdrop of the current market, there is an incredible appetite for a new solution created by women, for women,” said Helkin Berg, co-founder and CEO of hey freya. “We’re honored to be trusted with this undertaking and these funds will help us get to the next phase of our mission.”

About hey freya

Founded in 2022 by Helkin Berg, Cecilia Tse and Thara Vayali, hey freya is the only end-to-end solution helping relieve women’s top health concerns through at-home lab testing, naturopathic care, and personalized wellness products formulated by women physicians, specifically for women’s needs. All hey freya products are 100% plant-based and include powerful multivitamins with added stress and anxiety support, daily adaptogenic supplements to reduce feelings of overwhelm, and sleep support without the addition of hormones like melatonin. To learn more about how hey freya is making it easier to address women’s health and wellness symptoms, visit https://www.heyfreya.co/.

Contacts

Yasmeen Ahmed
pr@heyfreya.co

(c)2023 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, hey freya, Maine, Portland, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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