Bethesda’s Keep Company raises $1.4M in fundraising round

Keep Company, an employer-offered benefit that helps prevent burnout and attrition of working parents and caregivers, Wednesday announced it completed a $1.4 million funding round with participation from Techstars, Idea Fund Partners, VEST Her Ventures,100KM, Pixel Perfect Ventures and TEDCO.

The Bethesda-based company, launched in 2022 after successful pilot programs at global law firms, has raised more than $2 million to date. The investment enabled Keep Company’s expansion of its executive team with the hire of new chief technology officer, Zvi Band. A well-known entrepreneur in the Washington region, Band founded Contactually, a CRM platform for the real estate industry and sold it to Compass in 2019.

With Band’s technical expertise, Keep Company is launching three new products, including a Care Census, which allows employers to quantify the number of working parents and caregivers on staff anonymously so the company can better support them before they burn out. Keep Company received a patent on their underlying gathering technology earlier this year.

Employers face a greater challenge today to retain top talent and Keep Company focuses on the 73% of the workforce that are working parents and caregivers. By harnessing data and direct employee feedback, Keep Company provides valuable insights to employers, allowing them to better understand and care for their employees. Keep Company has successfully worked with hundreds of employees across professional services, helping them to communicate more effectively, build better boundaries, and connect with others doing the same. Keep Company members resign from their jobs at a rate five times less than the industry average.