Hello Alice, a platform for helping small businesses grow their businesses, has raised $21 million in a Series B funding round led by QED Investors.
Founded by Elizabeth Gore and Carolyn Rodz, the company has now raised $30 million in funding. Speaking with Crunchbase, Rodz said:
“As a Latina founder and fellow small business owner, Elizabeth and I wanted to get specific with industries and who is leading the business so that unique paths are supported to help them make better decisions. As we have raised capital for Hello Alice, we are raising capital for our companies.”
The report stated that Hello Alice has grown rapidly in the past two years – by over 1000%.
QED co-fonder Frank Rotman added:
“They are on a mission to help young businesses succeed through education and curated access to tools and resources. Small business success depends on so many factors, and they are helping founders gain access to the same resources that others have.”
Gore and Rodz met in 2008 and “had an immediate bond over the massive opportunity to become the go-to platform for small business owners.” Founded in 2017, Hello Alice is said to have over 500,000 small business owners in the Hello Alice community.
Hello Alice provides a series of tools to support small businesses including access to growth capital such as venture funding, grants, and more. Hello Alice is on a mission to build the largest network of business owners in the US while tracking data and trends to improve the success rate for entrepreneurs.