DLA Piper Counsels Fello in US$10.4 Million Fundraising Round.
DLA Piper provided counsel to Fello, a platform designed to combat loneliness by facilitating connections and guidance among individuals seeking support, in its fundraising efforts that have reached US$10.4 million to date.
This includes a seed investment from Glen Tullman’s 62Ventures, as well as contributions from The Capital Factory Fellowship Fund, Katalyst Capital, Offline Ventures, and others. Fello aims to ensure that everyone has access to peer support. The “Fellos” are individuals who have undergone rigorous vetting and training, developed in collaboration with a team of leading clinicians, to effectively combine the insights gained from personal experiences with the principles of active listening.
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Alyssa Pollack, CEO of Fello, remarked, “Working with DLA Piper has been essential to our journey. Their expertise and tailored approach have positioned them as more than mere advisors; they have truly become partners in our development.” Scott Kapp, a partner at DLA Piper who, along with partner Adam Spector, spearheaded the transaction, stated, “It has been a privilege to assist Fello in this significant fundraising endeavor and to showcase the comprehensive capabilities of our team.” In addition to Kapp and Spector, both based in Chicago, the DLA Piper team also featured associate Stephen Truban from Washington, DC.