Female Entrepreneur Newsbriefs - Lioness Magazine
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News Briefs: Aug. 19: UWNYC Gets First Female CFO, Althea Science Acquires Kindbody

First Female CFO

NEW YORK — United Way of New York City (UWNYC) is proud to name Gina Goodenow as Senior Vice President and Chief Financial Officer—the organization’s first female to take on this role in its 80-year history. Gina joined United Way of New York City in 2016 as the Vice President and Controller of Finance. As CFO, she will lead the management of all financial functions of the organization including financial statements, cash flow forecasts, analysis, and audit activity.

Gina comes to United Way with a wealth of financial knowledge and nearly 20 years’ experience in public accounting and non-profit management—most recently working as Controller of the March of Dimes—the first female in that role as well—where she oversaw the financial reporting process of the $200+ million entity.

Gina is an active member of the New York State Society of CPAs and is the Past-President of the Westchester and Manhattan chapters. She holds a Bachelor’s in Accounting and a Master’s in Accounting Information Systems from the University of North Carolina at Wilmington. She is a Certified Public Accountant and Certified Fraud Examiner.

Acquisitions

Kindbody will use clinical data to inform new workflows and predictive protocols (photo courtesy of Kindbody)

NEW YORK — Kindbody, a new women’s healthcare company, announced it has entered into a purchase agreement with Jacques Cohen and IVFqc, owned by Althea Science. The cloud-based electronic medical record (EMR) and billing products give Kindbody technology that accelerates its plan to democratize women’s healthcare, starting with fertility and wellness. Kindbody plans to leverage the foundation Dr. Cohen’s team developed, by using clinical data to inform new workflows and predictive protocols.

New York City-based Althea Science was founded in 2013 to develop flexible web applications for clinical specialists with the goal of assisting efficiency, individualism, and reporting capabilities. Cohen, who is a pioneer in embryology techniques, said about the transaction, “We’re really excited about Kindbody’s plan to reinvent women’s healthcare and overhaul all aspects of patient care. Clinical information should be used to seamlessly connect the patient with their care in a manageable way.”

Joanne Schneider, Cofounder and head of product at Kindbody, said, “It’s time for the EMR to be more than just a time-wasting filing cabinet. EMRs should help improve patient care. This isn’t window dressing on the same old industry. We are rethinking how decisions get made, and giving technology and data a central role.”

Revenue Growth

LOS ANGELES — FIGS, cofounded by Trina Spear and Heather Hasson, has been recognized as No. 21 on Inc. Magazine’s Inc. 5000 ranking of the nation’s fastest-growing private companies. FIGS has experienced 9,948 percent growth in the past three years, with annual revenue to top $100 million in 2018.

“We’re incredibly honored to be included in Inc.’s list this year. The growth FIGS has seen over the past three years proves that the $10 billion medical apparel industry is ready for change and we’re honored to be the company providing true innovation to a really deserving community,” Spear said.

FIGS is revolutionizing the medical apparel industry by creating the high-quality medical apparel and by selling directly to medical professionals through their branded e-commerce site.

Seed Funding

LOS ANGELES — Vantage Point, the world’s first Virtual Reality-based enterprise training platform has announced a Seed funding round of $1.3M to bring immersive Anti-Sexual Harassment Training to corporations.

Vantage Point is founded by solo female minority founder, Morgan Mercer. The company is positioned to launch its platform with the first set of notable customers later this month. The funding round was led The Venture Reality Fund, the leading investors with a focus on immersive and intelligent computing.

The round also includes some of the most well-known technology institutional investors including; Village Global, known for their LPs and Network including Jeff BezosReid Hoffman, and Marissa Mayer, and Mark ZuckerbergColopl NEXT FundMVentures, with expertise and an extensive network spanning across media, entertainment, politics, finance and technology; Anorak Ventures; and Josh Resnick, who sold his company Pandemic Studios to EA Games for $900M and then went on to found Sugarfina, who are now Vantage Point’s client.