What You Should Know:
- Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor in its Series D round.
- This brings Maven’s total funding to more than $200M at a valuation north of $1B-- making them the only unicorn in women’s and
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Femtech
M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities
What You Should Know:
- Labcorp has announced the acquisition of femtech startup Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed.
- The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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Future of Femtech and Technology: An Emerging Innovative Crossroads
In recent years the technological field has taken revolutionary steps to balance out gender disparities. This has led to the advent of a female-centric health technology market that utilizes tech as a proponent for women's health and overall wellness.
You must have seen (or at least heard of) an app that focuses explicitly on women's issues. These tools are part of a growing collaboration between health and technology known as femtech. Areas that are currently represented include sex and
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Analysis: Why Digital Health Investors are Falling in Love with Femtech
Women’s health technology, known as Femtech, is one of the fastest-growing and well-funded categories of digital health. Femtech generally encompasses a range of digital health software and tech-enabled service providers that cater to the specific biological needs of women. These needs span from general health and wellness to reproductive health, including fertility, pregnancy, and nursing care.
Today, reproductive health is the focal point of femtech, thanks in part to the
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