What You Should Know:
– Femtech startup Rosy Wellness, the app changing the sex lives of women across the country, announced today it raised an additional $2 million in seed funding led by Austin-based True Wealth Ventures with additional participation from Portfolia’s Femtech II Fund and Mindshift Capital. The company will use the funding to support further development of its flagship platform, grow the team, and facilitate original research in women’s sexual health.
– Founder and CEO, Board-certified Ob/Gyn, Dr. Lyndsey Harper, M.D., FACOG, IF, started Rosy after recognizing that 43% of women had a sexual health problem but were met with a complete lack of resources when trying to solve these important issues. In 2019, Dr. Harper launched Rosy with the goal of putting sexual health education and tools in the hands of women everywhere.
Recent studies validate Rosy’s approach and highlight how the company stands apart from other platforms in the space. In a 2020 study, results showed that Rosy users experienced statistically significant improvements in many aspects of sexual function including desire, arousal, orgasm, and lubrication. More recently, in a study from Mount Sinai Hospital presented at the American Urogynecology Society Annual Meeting, Dr. Alexandra Dubinskaya et al. concluded that “only one App was approved to be recommended to patients by experts in the field,” and that app was Rosy. This has been echoed in the medical community with more than 6% of ob/gyns in the country now recommending Rosy to their patients
“It’s time women feel empowered to talk about sexual health issues and have access to convenient solutions,” said Dr. Harper. “I created Rosy to revolutionize the way women and their providers think about, talk about, and treat women’s sexual problems.”