Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Alumni
  • Login
  • Volunteer
  • Clubs
  • Reunions
  • Bulletin
  • Class Notes
  • Help
  • Give Now
  • Stories
  • Alumni Directory
  • Lifelong Learning
  • Careers
  • Programs & Events
  • Giving
  • …→
  • Harvard Business School→
  • Alumni→
  • Stories→

Stories

Stories

18 Oct 2021

Alumnae-founded Fintech Startup Secures $29M in New Financing

Lara O’Connor Hodgson (MBA 1998) and Now are helping small businesses get faster access to capital
Re: Lara Hodgson (MBA 1998)
Topics: Entrepreneurship-GeneralFinance-CapitalInnovation-Technological Innovation
ShareBar

Photo via Harvard Innovation Labs

Lara O’Connor Hodgson (MBA 1998), cofounder of Now, recently spoke to Yahoo Finance Live to discuss its recent $29 million funding round.

Hodgson cofounded Now in 2010 with former Georgia gubernatorial candidate Stacey Abrams as a way to help small businesses more easily gain access to capital. “What we find is when a small business starts using NowAccount and they start getting paid in just a couple of days, it completely changes the way they do business. And it accelerates their growth,” Hodgson tells Yahoo Finance. “So in addition to serving more clients with this new capital, we'll be able to continue to scale and serve our existing clients as they grow exponentially.”

Asked about the confidence of the small business community in the economic recovery, Hodgson expressed optimism. “(T)his is an incredible opportunity for small businesses to really drive innovation coming out of this crisis,” she said. “And so I take that as an awesome opportunity, and an awesome responsibility quite frankly, to support them in their goal of taking on some of this opportunity.”

VIEW THE VIDEO

ShareBar

Featured Alumni

Lara Hodgson
MBA 1998
Login to send a message

Post a Comment

Featured Alumni

Lara Hodgson
MBA 1998
Login to send a message

Related Stories

    • 01 Sep 2023
    • HBS Alumni Bulletin

    Startup Success Beyond Silicon Valley

    Re: Paul A. Gompers (Eugene Holman Professor of Business Administration); By: Jennifer Mele
    • 01 Sep 2023
    • HBS Alumni Bulletin

    Wheel Change

    Re: Paris Wallace (MBA 2007); By: Julia Hanna
    • 01 Sep 2023
    • HBS Alumni Bulletin

    Elevator Pitch: Standard of Care

    Re: Mike Teodorescu (DBA 2018); Daniel Brown (DBA 2019)
    • 01 Sep 2023
    • HBS Alumni Bulletin

    Action Plan: In Context

    Re: Sara Jane Ho (MBA 2012); By: April White

More Related Stories

Stories Featuring Lara Hodgson

    • 12 Dec 2022
    • Worth

    HBS Alumni Named to 2022 Worthy 100

    Re: Mike Bloomberg (MBA 1966); Jane Fraser (MBA 1994); Alice Vilma (MBA 2007); John Doerr (MBA 1976); Lara Hodgson (MBA 1998); Xiao Wang (MBA 2014)
    • 21 Feb 2022
    • HBR Women at Work

    Stacey Abrams and Lara Hodgson on Starting and Scaling a Small Business

    Re: Lara Hodgson (MBA 1998)
    • 01 Jun 2007
    • Alumni Stories

    2020 Vision

    Re: Lara Hodgson (MBA 1998)
 
 
 
 
  • Explore
  • Explore
  • Explore
  • Explore
  • Explore
  • Explore
  • Explore
  • Explore
  • Explore
ǁ
Campus Map
External Relations
Harvard Business School
Teele Hall
Soldiers Field
Boston, MA 02163
Phone: 1.617.495.6890
Email: alumni+hbs.edu
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
  • Terms of Use
Copyright © President & Fellows of Harvard College