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Professional women’s community Fairygodboss raises $10 million

ImpactAlpha, March 18 – The New York-based startup launched in 2015 with the aim of helping professional women learn about companies and find jobs with women and family-friendly policies and work cultures. The company has raised a $10 million Series A round from GSV Accelerate and Signal Peak Ventures.

Fairygodboss was founded by former Dow Jones executives Georgene Huang and Romy Newman, who solicited and posted anonymous reviews from women about company benefits and work culture. It now also provides information about salaries and benefits like maternity leave, as well as a job board and career advice for professional women.

The site, which hosts around three millions visits per month, is free for users. It earns revenue mostly from sponsored content, Venture Beat reports. It also now has around 100 corporate partners and is seeing interest from companies looking to recruit more female talent, according to Forbes.

Fairygodboss’s Series A round follows a $3 million seed funding round last May.

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