Obu Secures "290K Pounds" for First Female-Led Startups

Obu, an angel investing platform, has made a ground-breaking move by successfully concluding the fundraising rounds for two pioneering female-founded enterprises on its platform. Moody Month, a femtech women's wellbeing app, and ProperPlan, an AI-powered tailored project planning software, received a combined pre-seed investment of more than £290K, with Moody Month collecting £105K and ProperPlan earning an amazing £193K, completing its round at £300k in only three weeks.

Obu's mission is to build a more equitable, progressive, and inventive start-up environment by connecting qualified female-founded firms with angel investors. Sarah King, CEO and Co-Founder, expressed her gratitude for the opportunity to assist these remarkable female startups, emphasizing the importance of varied angel investors in crafting new solutions.

In a statement, Sarah King said, "The closing of these rounds and knowing it'll support the next stage of growth for these businesses demonstrates the genuine ability of angel investors to shape the types of problems that get solved in the world - proving that more diverse angels really does mean more diverse innovation."

ProperPlan CEO Laura Phillips praised Obu's dedication to equity, underlining the platform's role in encouraging her investing path. Amy Thomson, CEO of Moody Month, agreed, picking Obu solely for its mission-aligned approach.

Obu's complete platform supports contacts, investments, and legal processes, allowing investors and supporters to help to solving gender disparity by supporting businesses that share their beliefs. The success of these inaugural fundraising rounds demonstrates Obu's commitment to transforming the startup investing environment for a more diverse and inclusive future.