**Healthcare Startup Maven Clinic Secures $125 Million Funding Round, Valued at $1.7 Billion**
Maven Clinic, a pioneering healthcare startup focused on women’s and family health, has announced a significant $125 million funding round, propelling its valuation to a staggering $1.7 billion. This latest investment brings the company’s total funding to over $425 million, solidifying its position as a leader in the digital health space.
Founded in 2014 by Kate Ryder, Maven Clinic aims to provide comprehensive virtual care across the entire reproductive life cycle, from family planning to menopause. With coverage extending to approximately 17 million lives through contracts with health plans and employers, including industry giants like Amazon, Microsoft, and AT&T, Maven is poised to revolutionize the healthcare landscape.
Ryder, who was inspired to create Maven after witnessing friends struggle to find support while building their families, envisions a future where digital health is seamlessly integrated into everyday life. With this new funding, Maven plans to enhance its fertility benefits, expand its platform, and leverage real-time data to deliver proactive care to its members.
Maven’s impressive investor roster includes firms like General Catalyst, Sequoia, and Oak HC/FT, as well as notable celebrities like Oprah Winfrey, Mindy Kaling, and Reese Witherspoon. While the company is currently focused on its product roadmap, Ryder has expressed ambitions to take Maven public in the future.
As women’s reproductive health takes center stage in the upcoming election, Maven is committed to sharing its expertise and data to inform policy decisions, regardless of the outcome. The company has already demonstrated its commitment to providing access to care, particularly in the wake of the U.S. Supreme Court’s overturning of Roe v. Wade in 2022.
With venture investments in women’s health companies on the rise, Maven is well-positioned to capitalize on this trend. As the amount of data available about women’s health continues to grow, Ryder believes that companies like Maven can play a crucial role in shaping policy and improving healthcare outcomes.
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