FRANCE – Essence, a Paris, France-based startup that elevates the performance of female employees by optimizing their schedule according to the hormonal cycle, raised $600K in funding.
The round was led by a majority of female investors, including the Berkeley SkyDeck Fund, Davidovs VC, Growing Well Partners, and angels Eugenia Dunaeva, Ksenia Kapoor, Jana Gashkova, Elena Enache, Elena Zhigalina, and Konstantin Siniushin. The company intends to use the funds to enhance The Essence App, attract new customers, and research the connection between productivity and the menstrual cycle.Led by Elina Vale, Co-Founder & CEO, Essence provides an AI and science-based tool dedicated to boosting the performance and well-being of women in the workforce by optimizing schedules, fitness routines, and diets according to each phase of the hormonal cycle. Essence provides expert recommendations tailored to the cycle and empowers individuals to navigate their workdays with confidence. Essence is currently collaborating with forward-thinking companies committed to empowering people with cycles at work. The platform aims to achieve an ARR of $1M within the next 18 months.08/02/2024