AllBright recently announced a £13m funding round led by Cain International. The London-based startup connects smart-thinking women through its global collective; made up of members clubs, special event programming and a digital network.
This latest funding round take the startup’s total amount raised to over £25m.
The round comes as AllBright begins to capitalises on the opening of its two latest UK women’s members clubs. In the coming months, the startup will also open clubs in Los Angeles, New York City and Washington DC.
AllBright plans to use the investment round to fund the international roll-out of further sites and to fuel the growth of AllBright’s digital community.
Alongside Cain International, AllBright saw investment from other angel investors including; Allan Leighton (former CEO of ASDA and current AllBright Non-Executive Chairman); Stephanie Daily Smith (DNC Consultant, former Deputy National Finance Director to Senator Hillary Clinton); Gail Mandel (former President and CEO Wyndham Destination Network); and Darren Throop (Founder, President and CEO of Entertainment One).
Debbie Wosskow OBE, Co-Founder of AllBright, said: “We are hugely excited about the global expansion of AllBright, to the US and beyond.
“Since launching AllBright, we have grown rapidly into a destination brand for women from all sectors. AllBright has galvanised a strong and dynamic community of like-minded women and we are excited about growing this community globally as we continue to develop the business.”
Jonathan Goldstein, CEO of Cain International, said: “We believe in AllBright – since Cain International’s initial investment in 2017, we have supported the execution of the business’s long-term growth strategy and watched with pride as it has created a supportive space for working women to achieve their goals and given them with the tools to do so.
“Our US footprint positions us perfectly to help Anna and Debbie realise their vision of growing AllBright and its digital network on a global scale. We’re incredibly excited to continue our journey with them.”