Business & Tech
Bethesda's Keep Company Gets $200K Investment From MD Tech Funder
Keep Company, a company based in Bethesda that helps employers better understand their employees, received a $200,000 investment from TEDCO.
BETHESDA, MD — Keep Company, a company based in Bethesda that helps employers better understand their employees, received a $200,000 investment from the Maryland Technology Development Corporation, or TEDCO.
Keep Company partners with employers to help them care for their employees. The company received the investment from TEDCO’s Builder Fund, which provides support to Maryland-based technology companies who demonstrate economic disadvantage.
Keep Company said it uses science-backed data, professional coaching and peer-to-peer support to help employers provide their employees with the tools they need to succeed in the workforce and at home.
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“Being a parent or caregiver is already a difficult and often isolating journey, but balancing the constant demand of career and family responsibilities can lead to burnout,” Adrienne Prentice, co-founder and CEO of Keep Company, said in a statement. “We founded Keep Company because no one should need to choose between a family life or their career, and employers should recognize their employees as whole people.”
TEDCO’s Builder Fund provides funding opportunities for technology start-ups in the pre-seed stages. Through this fund, TEDCO invests in amounts up to $200,000 and provides hands-on educational support and mentorship and collaboration efforts.
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“We’re thrilled to be working with Keep Company to promote a workforce of diversity, accountability and progress,” said Jean-Luc Park, senior director of TEDCO’s Social Impact Funds. “At TEDCO, we understand the importance of work-life balance, and we look forward to seeing how Keep Company promotes the idea of flexibility and understanding throughout the Maryland workforce and beyond.”
TEDCO was created in 1998 by the Maryland General Assembly to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace and to assist in the creation and growth of technology-based businesses across the state.
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