How Much Did Nest Collaborative Raise?
Funding & Key Investors

Nest Collaborative has solidified its position in the digital health landscape, securing a major strategic investment to expand its virtual lactation platform. With a total capital infusion reaching $8.1M, the company continues to demonstrate significant market traction. The most recent financing round, totaling $6M, underscores investor confidence in the firm's ability to scale its nationwide network of lactation consultants and address critical gaps in maternal healthcare access.

This latest injection of capital marks a pivotal transition for the Farmington-based organization, moving from early-stage development into a phase of rapid enterprise-level expansion. By prioritizing insurance-covered appointments and same-day virtual availability, Nest Collaborative is effectively bridging the divide between families and specialized breastfeeding support, setting a new standard for telehealth-enabled maternal wellness.

What is Nest Collaborative?

Nest Collaborative
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

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:

2021

Angel/Seed

$2.1M

2024

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.

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Frequently Asked Questions Regarding Nest Collaborative Financial Insights

What are the most recent funding rounds that Nest Collaborative has completed, and what were the funding rounds?
Nest Collaborative has recently completed 2 funding rounds: Series A on Jan 18, 2024, Angel/Seed on Feb 17, 2021.
What is the total amount of funding Nest Collaborative has raised to date?
Nest Collaborative has raised a total of $8.1M in funding to date.
How many funding rounds has Nest Collaborative completed?
Nest Collaborative has completed 2 funding rounds.
How much funding did Nest Collaborative raise in its most recent funding round?
Nest Collaborative raised $6M in its most recent funding round.
Who are the lead investors in Nest Collaborative's latest funding round?
The lead investor in Nest Collaborative's latest funding round was Bread & Butter Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Nest Collaborative's history?
The largest funding round in Nest Collaborative's history was $6M.
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