Goodwater, Alabama

Ello, World’s Most Advanced AI Reading Coach, Raises $15M Series A

Retrieved on: 
Thursday, September 7, 2023

SAN FRANCISCO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Ello , developer of the world’s most advanced AI reading coach, announced today that it has secured its Series A funding.

Key Points: 
  • SAN FRANCISCO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Ello , developer of the world’s most advanced AI reading coach, announced today that it has secured its Series A funding.
  • Leading Ello’s $15M Series A is Goodwater Capital, with major participation from Homebrew (returning investors), Reed Hastings, Common Sense Growth, and Ravensburger.
  • “Ello is tackling the issue of child literacy head on, leveraging AI to solve the reading challenges kids face, through a fun, engaging 1:1 reading coach,” said Coddy Johnson, Partner at Goodwater Capital.
  • Ello wholeheartedly champions the Science of Reading approach, which places an emphasis on equipping children with the essential decoding skills required for reading mastery.

Goodwater Raises Over $1 Billion to Support Consumer Technology Startups Globally

Retrieved on: 
Wednesday, July 26, 2023

BURLINGAME, Calif., July 25, 2023 /PRNewswire/ -- Goodwater, the largest venture capital fund exclusively focused on consumer tech investments, announced today that it has raised over $1 billion across its family of early and growth stage funds. With this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a clear consumer tech focus and global reach, the firm has backed 79 early and growth stage startups in 19 countries around the world. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, the firm now manages over $3.3B in committed capital and continues to scale as much of the venture industry is slowing.

Key Points: 
  • "During a tough time in the market we are ready to support the very best early and growth stage consumer tech startups with $1 billion of fresh capital.
  • Goodwater has established itself as a leader in consumer technology venture capital with a proven track record of successful investments.
  • Goodwater provides tactical, hands-on support to companies solving problems common to consumer-tech startups including:
    How do I acquire customers?
  • To join the largest consumer tech platform dedicated to serving founders and teams globally, reach out at [email protected] .

Hallow App Crosses 10 Million Downloads, tops App Store, and closes $50 Million Series C Fundraise

Retrieved on: 
Thursday, May 18, 2023

It took Hallow almost two years to reach 1 million prayers prayed on the app, but this past Lent members of the Hallow community prayed over a million prayers every day.

Key Points: 
  • It took Hallow almost two years to reach 1 million prayers prayed on the app, but this past Lent members of the Hallow community prayed over a million prayers every day.
  • Hallow, the #1 prayer app in the world, has passed 10 million installs and announced its series C funding.
  • Despite the difficult market for startup funding, the app has also just announced the close of an additional $50 million in Series C funding bringing the total funding raised for Hallow to $105 million.
  • Hallow has also recently partnered with several well known celebrities and faith leaders including the actor Jonathan Roumie, Fr.

ALINEA, NEW FEMALE-FOUNDED FINTECH AND Y COMBINATOR BACKED APP, REINVENTS CREATIVE INVESTING FOR GEN Z

Retrieved on: 
Wednesday, February 2, 2022

Backed by the widely respected startup accelerator Y Combinator, Alinea shepherds its users through personalized investing recommendations, while viewing investing as a form of self-expression.

Key Points: 
  • Backed by the widely respected startup accelerator Y Combinator, Alinea shepherds its users through personalized investing recommendations, while viewing investing as a form of self-expression.
  • Alinea dismantles the barriersthat Gen Z associates with investing and creates an inclusive community catering towards the diverse generation and demographics who have been overlooked.
  • Alinea is the latest Y Combinator female founded FinTech startup that empowers the next generation of investors.
  • Founders Anam Lakhani and Eve Halimi created Alinea to support Gen Z in growing their finances through impact-based investments.