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News Briefs: Topgolf’s Susan Walmesley Heads To Pinstripes, Cora Raises $7.5 Million

Appointments

Leadership Council

June Manley, technology executive and founder of Female Founders Faster Forward (F4), was named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization and operates on a staunchly nonpartisan basis. Manley, a prominent voice in the startup community, joins the NSBA Leadership Council alongside advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C.

“As the founder of an enterprise-software company, I know the importance of reforming access to capital,” stated Manley. “Without equality on the path to funding, innovative businesses cannot succeed. Joining NSBA’s Leadership Council, with a seat on the Economic Development Committee, enables me to share the need for change with Congress.”

Pinstripes

Susan Walmesley, 39, formerly of Topgolf, recently joined the Pinstripes team as its new Chief Marketing Officer. Proven experts in providing an exceptional experience to guests of all ages, Pinstripes has enjoyed unprecedented success in its twelve years since inception in 2007.

“I’m ecstatic to have the opportunity to be able to build the Pinstripes brand and connect with our guests,” says Walmesley. “In an age where digital marketing efforts can be all-encompassing, it’s so important for brands to recognize and respect the power of real interactions. Pinstripes is the perfect place for people to connect and unwind.”

Walmesley is the latest hire in a number of moves to strengthen the executive team. She joins recent hires Chief Events Officer Gigi Wagner and Chief Development Officer Rob Hense, both of whom have impressive industry experience.

Expansion

WeWork

New York-headquartered WeWork announces the opening of operations in San Jose, Costa Rica and is expected to be operational by the end of 2019. The company, with over 101 locations globally, aims to transform the local business while leveraging Costa Rica as a gateway to the Central American region.

Valued at over US$47 billion in 2018 and considered the second most valuable startup in the USA, WeWork wants to transforms the way people live and experience work by offering the right services, spaces and networking environment for companies to grow.

Fundraising

Cora

 Cora, a modern women’s wellness brand whose product portfolio includes natural and organic tampons, pads, and other personal care, today announced that it has raised $7.5 million in Series A1 funding and expanded its board of directors, which is now 80 percent female. The round was led by Harbinger Ventures, a leading growth-equity investment firm focused on scaling early-stage, female-led companies.

Cora will use the new funding to support brick-and-mortar expansion at all Target locations, including broader in-store product offerings. In addition to its direct-to-consumer online subscription offering, which has seen explosive growth in the past three years, Cora has intentionally built a strong offline presence as well in order to meet consumers exactly where they shop. Cora will also use the funds to fuel product innovation as it continues to disrupt the feminine care space with pure and proprietary products that eliminate harmful ingredients without sacrificing product efficacy.

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