On the Heels of 6X YOY Growth, Keep Company Announces First Chief Technology Officer, Zvi Band, and $1.4M Fundraising Round
24 Abril 2024 - 6:00AM
Business Wire
Band Brings Experience from Previous Startups,
Compass
Keep Company Drives Worker Wellbeing in Top Law
Firms
Keep Company, an employer-offered benefit that helps prevent
burnout and attrition of working parents and caregivers, announced
today a successful fundraising round of $1.4 million with
participation from Techstars, Idea Fund Partners, VEST Her
Ventures, 100KM, Pixel Perfect Ventures, and TEDCO. Keep Company
has raised over $2 million to date and has been recognized by
Technical.ly and Washington Business Journal as a startup on the
rise.
The investment enabled Keep Company’s expansion of its executive
team with the hire of new chief technology officer, Zvi Band. A
well-known entrepreneur in the D.C. region, Band founded
Contactually, a CRM platform for the real estate industry, and sold
it to Compass in 2019.
“Bringing people together has always been at the forefront of my
work and I am honored to join a team deeply committed to addressing
one of the biggest challenges parents and caregivers face today,”
said Zvi Band, chief technology officer at Keep Company. “Keep
Company is a true benefit to both the employers that offer it and
the employees who experience it. The program does good and is a
measurably good investment for companies.”
“The loneliness epidemic isn’t going anywhere and we’re
encouraged that more companies are addressing the need to care for
the substantial majority of the workforce that takes care of
someone at home,” said Adrienne Prentice, co-founder and chief
executive officer of Keep Company. “At Keep Company, we’re seeing
the impact of our solution on individual employees and the firms at
large. The funds from this round will enable us to serve more
people with better technology.”
With Band’s technical expertise, Keep Company is launching three
new products, including a Care Census, which allows employers to
quantify the number of working parents and caregivers on staff
anonymously so the company can better support them before they burn
out. Keep Company received a patent on their underlying gathering
technology earlier this year.
“We invest in women-led companies building the trillion-dollar
infrastructure needed to support the future of work, women's labor
participation and economic mobility. I’m incredibly proud to
support Keep Company as Claudia and Adrienne’s mission of keeping
women and caregivers in the workforce perfectly dovetails with our
own,” said Erika Lucas, founder and general partner, VEST Her
Ventures. “The social-emotional skills and support Keep Company
provides play a crucial role in retaining top-performing talent at
the height of their careers.”
“Keep Company is tapping into a huge market of organizations
wanting to provide caregiver support,” said Techstars CEO Maelle
Gavet. “Over 7 of 10 employees are parents and caregivers, and Keep
Company is primed to reinvent the way companies engage with,
support and retain their people. With the addition of Zvi, whom
I’ve known for years, to the executive team, Keep Company is
reinforcing its status as a leader in this category.”
Employers face a greater challenge today to retain top talent
and Keep Company focuses on the 73% of the workforce that are
working parents and caregivers. By harnessing data and direct
employee feedback, Keep Company provides valuable insights to
employers, allowing them to better understand and care for their
employees. Keep Company has successfully worked with hundreds of
employees across professional services, helping them to communicate
more effectively, build better boundaries, and connect with others
doing the same. Keep Company members resign from their jobs at a
rate five times less than the industry average.
About Keep Company
Launched in 2022 after successful pilot programs at global law
firms, Keep Company is an employer-offered benefit that prevents
burnout and attrition of top talent. With a specific focus on the
73% of the workforce that are working parents and caregivers, Keep
Company offers a tech-driven third space that uses coaches and
custom curriculum to build communities of like-minded—and
oftentimes underrepresented—people with engaging, interactive
sessions that live between therapy and happy hour. The experience
is transformative: 95% of members report feeling less alone
after the core 12-week program and 89% of members report
taking better care of themselves.
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Katie Smith, katie@thebrandguild.com