What You Should Know:
– Maven Clinic, the world’s leading virtual clinic dedicated to women’s and family health secures $125M in Series F funding led by StepStone Group.
– The round also included particpation from participation from existing investors General Catalyst, Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital bringing Maven’s total funding to over $425M.
A Comprehensive Platform for Every Stage
Maven Clinic stands out for its comprehensive approach to women’s and family health, offering a single platform that covers the entire reproductive life cycle. From family planning and fertility to pregnancy, postpartum care, parenting, menopause, and midlife, Maven provides integrated support for every step of the journey.
Maven’s services include:
Fertility and Family Building: Maven Managed Benefit provides education, coaching, and access to a network of fertility clinics, empowering couples to navigate their family-building journey.
Maternity and Newborn Care: Maven’s maternity program sets a new standard for prenatal and postpartum support, offering virtual care, doula services, and mental health resources.
Parenting and Pediatrics: Addressing the growing need for parenting support, Maven’s program offers specialized pediatric care and resources for various parenting challenges.
Menopause and Midlife: Maven provides comprehensive care for women and men navigating midlife transitions, including symptom management and support for healthy aging.
Expansion Plans
This new funding will fuel Maven’s continued growth and innovation across its platform. Key areas of investment include:
- Maven Managed Benefit (MMB): Maven’s innovative fertility benefits administration platform, which combines virtual care and health coaching with comprehensive fertility benefits.
- End-to-End Platform Expansion: Enhancing existing programs in maternity, parenting, pediatrics, and menopause, with a focus on personalized care and AI-powered solutions.
- Value-Based Care: Strengthening value-based offerings for both fully-insured and Medicaid populations, making quality care more accessible.
To date, more than 2,000 clients in 175 countries trust Maven to support their employees, including Amazon, Microsoft, AT&T, Morgan Stanley and L’Oreal.
“Over the last 10 years, Maven has created and scaled a comprehensive virtual care model in one of the most underfunded sectors in healthcare,” said Kate Ryder, founder and CEO of Maven Clinic. “The next decade is about transformation. We now have the platform breadth, depth, and data required to create the scaled change this industry so sorely needs. With each member supported, we continue to prove that to build better healthcare for everyone we must first build it for women and families.”
