A Silicon Valley VC firm just invested 10.5 million in an app that helps companies like Slack and Reddit make working parents' lives easierGet the Full StoryMonkey Business Images Shutterstock.com
Family and parenting app Cleo announced a 10.5 million investment from Greylock Partners.
Cleo is offered through employers, and provides parents with access to experts in areas like birth preparation and sleep.
The app is designed to ease parents' transition back to work, and reduce attrition at companies.
So far, employees at companies like Slack and Reddit have signed on.
This post is part of Business Insider's ongoing series on Better Capitalism.
On Wednesday, an app called Cleo announced a 10.5 million Series A funding round led by Sarah Guo at Silicon Valley venture capital firm Greylock Partners.
Cleo formerly known as Lucy is designed to help working parents with prenatal and postpartum care — guiding them from the point when they're deciding whether to have kids to the point when they're returning to work, all the way through the child's first birthday.See the rest of the story at Business InsiderNOW WATCH: A recent scientific study claims parenthood actually makes you less happySee Also:Share your opinion Become a BI Insider todayBillionaire AOL founder Steve Case is convinced the next big thing in tech won't happen in Silicon Valley, and he's launched a job network to prove itThe 30 rudest cities in America, where manners are basically a foreign conceptSEE ALSO: Looks like almost everything we thought we knew about the right way to raise kids could be wrong
More in Business...
If The FTC Case Against Qualcomm Seems Like a Clown Show Right Now, It's Because It Started That Way