What is Nest Collaborative?
Nest Collaborative operates as the nation's first virtual lactation platform, providing a comprehensive digital infrastructure that connects families with certified lactation consultants. The company's service model is designed to integrate seamlessly into existing healthcare ecosystems, offering both individual consultations and group sessions through its Latch Lounge initiative. By leveraging a nationwide network of experts, the platform ensures that parents receive timely, evidence-based guidance, which is essential for successful breastfeeding outcomes. Recognized for its operational excellence and accessibility, the company has successfully navigated the complexities of insurance reimbursement, positioning itself as a leader in the health tech sector.
How much funding has Nest Collaborative raised?
Nest Collaborative has raised a total of $8.1M across 2 funding rounds:
Angel/Seed
$2.1M
Series A
$6M
Angel/Seed (2021): $2.1M with participation from Altitude Ventures, Bread and Butter Ventures, and Wavemaker 360 Health
Series A (2024): $6M led by Bread & Butter Ventures and Altitude Ventures
Key Investors in Nest Collaborative
Bread & Butter Ventures
Bread & Butter Ventures is an early stage venture capital firm based in Minnesota, focusing on global investments while leveraging local corporate connections and industry expertise. The firm primarily invests in seed stage companies across essential sectors such as food tech, health tech, and enterprise SaaS.
Altitude Ventures
Altitude Ventures is a family office that specializes in building strategic venture capital partnerships in healthcare, real estate, and other sectors. The company focuses on investing in early-stage healthcare services and digital health companies.
Wavemaker 360 Health
Wavemaker 360 Health is a specialized venture capital firm dedicated to the healthcare industry, focusing on early-stage startups that drive innovation in digital health and medical services.
What's next for Nest Collaborative?
With the successful closure of this major strategic investment, Nest Collaborative is well-positioned to accelerate its growth trajectory and deepen its market penetration. The company is expected to focus on enhancing its technological infrastructure to support higher patient volumes while expanding its partnerships with health providers and insurance carriers. As the demand for accessible, high-quality maternal care continues to rise, Nest Collaborative's ability to scale its virtual-first model will be critical in maintaining its competitive advantage. Future initiatives will likely involve optimizing the Latch Lounge experience and broadening the scope of its digital health offerings to further support the holistic needs of new parents across the country.
See full Nest Collaborative company page