Midlife ladies’s well being clinic Midi Well being introduced it has added a gaggle of feminine traders to its oversubscribed $63 million Sequence B spherical by way of a $5 million Particular Function Automobile.
New traders embrace actors and producers Amy Schumer and Connie Britton, soccer star Brandi Chastain, clothier/entrepreneur Tory Burch, Phenomenal Media’s Meena Harris, Sandberg Bernthal Enterprise Companions, investor and Angel Metropolis FC cofounder Kara Nortman.
The enterprise fund run by former Meta COO Sheryl Sandberg and her husband Tom Bernthal, Waymo co-CEO Tekedra Mawakana, Stripe government Claire Hughes Johnson, PagerDuty CEO Jennifer Tejada, and Toast CFO Elena Gomez additionally participated within the spherical.
Different traders additionally joined, together with executives from OpenAI, Apple, Amazon, Google, Meta, Atlassian, Databricks, Cloudflare, Warner Media, Common Music Group, Life360 and Calm.
The above group of capital traders joins the corporate’s different Sequence B traders, together with GV (Google Ventures), Emerson Collective, Memorial Hermann Well being System, Black Angel Group, SemperVirens, Felicis, Icon Ventures, Ingeborg Investments, G9, Operator Collective and Gingerbread Capital.
The corporate stated that, in whole, 80 traders participated in its Sequence B spherical.
WHAT IT DOES
The California-based firm provides ladies 40 years of age and older a digital care platform with entry to nurse practitioners specializing in perimenopause and menopause. Physicians and researchers oversee the nurses. The platform supplies interventions starting from life-style teaching to prescription medicine.
“Similar to you, I’ve seen a transparent hole in firms that prioritize the wants of ladies and deal with the challenges they face when searching for healthcare. Midi is breaking new floor for girls 35+ as their healthcare wants evolve,” Amy Schumer stated in an announcement.
“The SPV funding alternative was a novel manner for leaders throughout completely different industries to come back collectively to make sure ladies’s well being stays on the forefront of innovation fairly than as an afterthought because it has for therefore lengthy. It’s essential to put money into firms that influence us personally and be a power for change for girls in every single place.”
MARKET SNAPSHOT
Midi secured $60 million in its Sequence B funding spherical in April, bringing its whole increase to $100 million.
Final 12 months, the corporate closed a $25 million Sequence A funding spherical led by Google Ventures and expanded entry to its choices in all 50 U.S. states, and in 2022, it scored a $14 million seed funding.
Final month, the corporate introduced a partnership with digital musculoskeletal care firm Hinge Well being to mix Hinge’s movement-based assist with Midi’s digital care clinic to assist ladies experiencing menopausal signs.
In July, Midi collaborated with Keck Medication of USC to offer personalised care plans to people going via perimenopause and menopause.
Earlier this 12 months, the corporate introduced it was partnering with digital cognitive evaluation firm Neurotrack to assist decide whether or not mind fog signs in ladies are indicative of menopause or indicators of a extreme cognitive impairment, resembling early dementia.
Final 12 months, the corporate introduced a partnership with Memorial Hermann Well being System to offer digital care providers to Houston sufferers.
