Swizzle Fund, a new venture fund founded by Jessica Kamada, former COO of marketing agency Bamboo, has raised just over $5 million for its Fund I, according to an SEC filing. The firm, which quietly opened its doors in 2023, is focused on investing in early-stage companies that address some of the most pressing concerns facing women, including caretaking, health and wellness, and finances.

Kamada, who did not respond to requests for comment, has a strong background in growth marketing and entrepreneurship. Prior to founding Swizzle Fund, she served as vice president of growth marketing and later COO at Bamboo, where she worked with startups and tech firms like Great Jones, Lemonaid, and Dropbox. She also has experience as a growth advisor at RedDrop, a company that provides menstrual education to tweens.

Swizzle Fund has already invested in at least one company, according to Pitchbook data. Mavida Health, a mental health care platform, has received funding from the venture fund. This investment is a testament to Swizzle Fund's commitment to supporting startups that prioritize women's health and wellness.

The launch of Swizzle Fund comes at a critical time for innovation targeting women. The caregiving industry is facing a crisis due to the high cost of supporting ailing family members, while women are poised to receive a historic boom in finances from the predicted "wealth transfer". Additionally, women's health has always been a hot topic, and recent events like the overturn of Roe v. Wade have brought it to the forefront of national conversation.

Swizzle Fund's focus on investing in companies that address these pressing concerns is a welcome development in the venture capital industry. By providing funding and support to early-stage startups, Swizzle Fund has the potential to drive meaningful change and innovation in areas that disproportionately affect women. As the fund continues to grow and invest in new companies, it will be interesting to see the impact it has on the industry and the lives of women around the world.

In conclusion, Swizzle Fund's $5 million raise is a significant milestone in the venture capital industry, and its focus on investing in women-focused startups is a timely and important development. As the fund continues to grow and invest in new companies, it has the potential to drive meaningful change and innovation in areas that disproportionately affect women.