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Goodwater Capital Backs Faith-Based App Maker Hallow

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Hallow, the company behind a faith-based app of the same name, has received a $50 million growth investment led by Goodwater Capital to help the business expand internationally. 

Hallow’s two most recent cash infusions show the resilience of the for-profit religion sector as both investment rounds occurred during times of economic uncertainty. The company received a $40 million Series B investment near the height of the Covid-19 pandemic. 

Hallow’s…

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