Luxurious style, cushiony comfort, and fluid repellency in one shoe? Sounds like a nurse’s dream. For frontline medical professionals working on busy hospital floors, footwear options have been limited — and a little too practical. Clove has changed that. Joe Ammon WG19 founded the company after seeing the physical demands put on his wife, Tamara, who’s a nurse. Launched late last year, the online direct-to-consumer brand combines the comfort of a sneaker and the convenience of a clog with an easy-to-clean exterior. And they’re stylish: Luxury high-heel designer Stuart Weitzman W63 had a small role early in the design stage.
The direct-to-consumer business model is trending, and for good reason: It makes the high-end product experience accessible to a broader market. However, not all DTC brands offer both the high quality of their traditional retail counterparts and truly lower prices. 10 Grove, a rapidly growing bedding company, wants to put this right. Founded by Goldman Sachs alum Rana Argenio W10, whose expertise comes from five generations of her family’s luxury textile business, the company sources from European fabric mills and manufactures ethically in-house in the U.S. 10 Grove has received praise from both Forbes and Esquire for its elevated approach to everyday luxe.
This fintech firm founded by Ngozi Dozie WG06 and brother Chijioke is bringing better banking to Africa. The app-based company, which started out as a consumer lending platform in 2016, has since expanded its services to enable users to do everything from paying bills to accessing credit reports to making investments. Carbon has grown rapidly in recent months, notably launching in Kenya last year and, in February, debuting both an iOS app and a $100,000 investment fund to back startups on the continent — all in service of its goal to become, as Ngozi has said, “a Pan-African digital bank for Africans and Africans in the diaspora.”
Rhino is taking aim at an age-old tradition in the world of real estate — charging security deposits for rentals. Chaired by former Tinder executive Ankur Jain W11, the startup offers an alternative: Instead of requiring that renters pay thousands of dollars up front, landlords who work with Rhino have them pay a nonrefundable fee each month. In exchange, Rhino offers insurance that pays for damages a deposit would normally cover. (In addition to residential services, the company offers commercial insurance.) It’s a win-win situation, says Rhino: Renters avoid having to shell out big fees at the start, and landlords fill vacancies more quickly by removing a potential financial barrier for tenants without putting themselves at risk.
Looking for a great deal on a flight for your next trip? Founded by George Zeng WG13 and Craig Campbell, Moonfish aims to snag dirt-cheap fares for people who are willing and able to rethink how they travel. Instead of choosing a specific destination and exact flight dates, users note their home cities and then choose from a range of low-cost flights to a variety of destinations. Or, if you know where you want to go but don’t need to book a specific date, Moonfish can find the cheapest time to travel to that location. Although it’s only available for people flying out of a handful of airports right now, the company plans to expand to more than 100 this year.
Parker Dewey is in the business of helping to jump-start careers — and making it easier for companies and job candidates to connect before making long-term commitments. The idea came to founder Jeffrey Moss WG04 during his roughly 20 years as a private equity investor, when he observed students struggling to secure their first jobs because they didn’t have the right academic records or personal connections. His vision: help students and recent graduates get those gigs by exposing them earlier to employers (and vice versa) through micro-internships. Here’s how it works: Companies post short-term paid assignments to Parker Dewey, and candidates apply to complete them. Through the projects, young workers take on roles that could lead to internships or, better yet, full-time positions.
Children can be quite particular about their daily wardrobes — acceptable outfits range from “only orange” to “not fancy” to “with my rain boots” — and comfort is a prerequisite. Primary, an online children’s clothing brand, delivers gender-neutral styles in a rainbow of colors and patterns made from extraordinarily soft fabric. Mothers themselves, co-founders Christina Carbonell W95 and Galyn Bernard pride themselves on keeping costs low, quality high, and customer service exceptional. Primary has raised a total of $47.9 million in funding, including a Series C round that will enable the founders to expand into new categories, including adults. Getting out the door has gotten much easier.
Syrup made from dates has long been a cooking staple in the Middle East and Africa, but the sweetener — an alternative to sugar and honey — has yet to catch on in the U.S. Brian Finkel W10, however, sees the potential. He fell in love with the syrup overseas and met D’vash Organics co-founder David Czinn during a gap year in Jerusalem. Now, the duo sells date nectar and syrup (plus a sweet-potato nectar) that are both vegan and non-genetically modified. Founded less than five years ago, the company has made significant inroads, with shelf space at major grocers that include Whole Foods, Wegmans, and Sprouts, as well as online at Amazon.