Digital wardrobe company Finery is trying to revolutionize how women get dressed every day. In an effort to cut down on how much time women spend choosing their outfits, Finery founders Whitney Casey and Brooklyn Decker created an online “operating system” for their closets. And the company just landed $5 million in seed funding. Casey, who serves as CEO, joined us for our special #chedHER coverage to explain her business strategy. “We really targeted the people that we wanted to be in the room with,” Casey told Cheddar. The Finery team did research to find out which venture capitalist firms had previously invested in women before going into the pitch meeting. Casey described the challenges she faced explaining Finery’s concept to men. To solve the gender disconnect in the business world, Casey said there should be more female entrepreneurs. “We’re consumers, women, we’re 80% of the wallet, right? So more products should be built for women, by women,” Casey said. She called on women to be conscious of who’s behind the products they use and the companies they support. For full interview, [click here](https://cheddar.com/videos/closing-the-vc-funding-gap-2).

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Universal Music and AI song generator Udio partner on new AI platform
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
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