Maven Clinic secures $125 million to develop well being companies for ladies and households
What you’ll want to know:
– Maven Clinic, the world's main digital clinic devoted to ladies's and household well being, secures $125 million in Sequence F funding led by StepStone Group.
– The spherical additionally included participation from current buyers Basic Catalyst, Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Funding Group and Lux Capital, bringing Maven's complete funding to greater than $425 million.
A complete platform for each part
Maven Clinic stands out for its complete strategy to ladies's and household well being, providing a single platform that covers your complete reproductive life cycle. From household planning and fertility to being pregnant, postpartum care, parenthood, menopause and midlife, Maven supplies built-in assist each step of the best way.
Maven's companies embody:
Fertility and household constructing: Maven Managed Profit supplies schooling, teaching and entry to a community of fertility clinics, serving to {couples} navigate their family-building journey.
Maternity and new child care: Setting a brand new normal for prenatal and postpartum assist, Maven's motherhood program provides digital care, doula companies and psychological well being sources.
Parenting and pediatrics: To fulfill the rising want for parenting assist, Maven's program supplies specialised pediatric care and sources for a wide range of parenting points.
Menopause and midlife: Maven supplies complete look after ladies and men transitioning into mid-life, together with symptom administration and assist for wholesome growing older.
Enlargement plans
This new funding will gasoline Maven's continued progress and innovation throughout its platform. Key funding areas embody:
- Maven Managed Profit (MMB): Maven's modern fertility advantages administration platform, combining digital care and well being teaching with complete fertility advantages.
- Finish-to-end platform extension: Enhancing current applications in maternity, parenting, pediatrics and menopause, with an emphasis on personalised care and AI-powered options.
- Worth-based care: Strengthening value-based choices for each absolutely insured and Medicaid populations, making high quality care extra accessible.
To this point, greater than 2,000 prospects in 175 international locations depend on Maven to assist their workers, together with Amazon, Microsoft, AT&T, Morgan Stanley and L'Oréal.
“Over the previous decade, Maven has created and scaled a complete digital care mannequin in probably the most underfunded sectors in healthcare,” stated Kate Ryder, founder and CEO of Maven Clinic. “The subsequent decade is about transformation. We now have the platform breadth, depth and information wanted to create the scaled change this sector so desperately wants. With the assist of each member, we proceed to show that to construct higher well being look after all, we should construct it for ladies and households first.”