Midi Health, a digital care clinic for ladies 40 years and above, introduced it closed a $25 million Collection A funding spherical led by GV (Google Ventures), bringing the corporate’s whole increase to $40 million.
Frederique Dame and Cathy Friedman of GV joined current traders Operator Collective, 25M, Semper Virens, Felicis and Icon.
WHAT THEY DO
The California-based firm offers digital care guided by a community of nurse practitioners overseen by physicians and researchers. Midi additionally offers interventions from way of life teaching to prescription treatment.
The corporate will use the capital to develop its attain nationwide, aiming to have a presence in all 50 states by January 2024. It would additionally use the funds to launch new partnerships with hospital techniques and U.S. employers.
“Midi has seen significant traction since its launch and takes an progressive method to handle an unmet want for practically half the worldwide inhabitants,” Dame, basic associate at GV, mentioned in a press release. “Midi’s world-class govt and advisory staff has a long time of scientific and healthcare experience and a imaginative and prescient for personalised, inexpensive, and accessible midlife care. GV is proud to again Midi as they modernize perimenopause and menopause care for ladies in all places.”
MARKET SNAPSHOT
Final yr, Midi Well being raised $14 million in seed funding.
In August, advantages administration firm Progyny announced its employer purchasers in all 50 states would have the choice to supply perimenopause and menopause care to their workers because of its partnerships with Midi Well being and fellow ladies’s well being firm Gennev.
One other firm providing digital care choices to menopausal ladies is telehealth startup Evernow, which scored $28.5 million final yr to develop its workforce, member group and choices.
