Peppermint, a New York-based provider of an online clubhouse community catering to adults ages 55+, raised USD8M in Seed funding.
The round was led by Primetime Partners.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Rich Maggiotto, Peppermint is a subscription-based platform that provides older adults with workshops, clubs, and opportunities to learn, connect and grow, providing active engagement. Its workshops and spaces are intimate and interactive where members are encouraged to add to the conversation, share their knowledge, and life experiences.
In addition to seeing demand from the 55-65 demographic, Peppermint also aims to introduce the platform to centers and senior living communities to promote connection and engagement. The company is seeing strong demand, with a number of Senior Centers affiliated with the Massachusetts Council on Aging (MCOA) also partnering with Peppermint initially at launch.