
Lōvu Well being Rakes in $ 8 million for the Mothere Well being Platform
Lōvu Well being, a digital maternal well being firm, has obtained $ 8 million in Collection A financing, which can use it to spend money on AI, the corporate introduced final week.
The corporate established in Cupertino, California, helps each the mom and child from conception as much as two years of postpartum. The corporate grants a being pregnant navigator to work with each the mom and her midwife. Sufferers obtain units resembling a blood stress monitor, fetal heartbeat and sensible scale, all hook up with the Lōvu app. The corporate screens Vitals day by day and reviews the OB if there are issues and sufferers obtain a weekly report on their vitals.
The Lōvu app additionally recommends instruments resembling meals and coaching steerage, in addition to check-ins in psychological well being care. Furthermore, moms have entry to a market of third-party digital suppliers, resembling Doulas, Lactation help, counseling of sexual well-being, physiotherapy and psychological well being.
The collection A spherical was led by SJF Ventures and contains participation of Rogue Girls's Fund, Symphonic Capital, Emmeline Ventures, Majella Ventures, Oakwood Circle Ventures, Sand Hill Angels, Swizzle Ventures, Terraceys, Stand Collectively Ventures and Alumni Ventures. In whole, Lōvu has secured $ 14 million in financing.
“SJF has a long-term curiosity within the well being of the mom and Lōvu has seen for years as a result of we see the care extension of the corporate of the midwife Plus a brand new market of associate specialty options such because the optimum 'win-win-win' technique for suppliers, well being plans and moms, stated Perry.
The financing will assist the corporate spend money on AI and launch three augmentative brokers within the close to future. Furthermore, the financing “automation, integrations and workforce will help if the corporate scales to satisfy the demand of moms, clinicians and suppliers,” the announcement stated.
The financing is as a result of the US is the worst amongst international locations with excessive incomes in mom mortality. And 80% of those deaths might be prevented. On the identical time there’s a scarcity of OB/Gyns, as a result of one in three American provinces are deserts within the mom.
“Our present One-Measurement-Matches all mom care mannequin is failing moms and infants,” stated Noel Pugh, co-founder and CEO at Lōvu Well being. “Each potential mom and her child deserve truthful entry to precision care, led by modern expertise and evidence-based insights. Lōvu's AI-driven platform transforms workflows and modernizes scientific practices to assist clinicians with sufferers and earlier intervention, whereas he provides the wicker help when wanted.”
Different corporations that provide well being help for moms embody Partum Well being, Maven Clinic and Pomelo Care.
Picture: Damircudic, Getty Photos