Midlife girls’s well being clinic Midi Well being introduced it has added a gaggle of feminine traders to its oversubscribed $63 million Collection B spherical by way of a $5 million Particular Objective 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, Waymo co-CEO Tekedra Mawakana, Stripe government Claire Hughes Johnson, Tom Bernthal, 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 Collection 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 mentioned that, in whole, 80 traders participated in its Collection B spherical.
WHAT IT DOES
The California-based firm presents girls 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 gives interventions starting from way of life teaching to prescription medicine.
“Identical to you, I’ve seen a transparent hole in corporations that prioritize the wants of ladies and tackle the challenges they face when in search of healthcare. Midi is breaking new floor for ladies 35+ as their healthcare wants evolve,” Amy Schumer mentioned in a press release.
“The SPV funding alternative was a singular manner for leaders throughout completely different industries to come back collectively to make sure girls’s well being stays on the forefront of innovation moderately than as an afterthought because it has for thus lengthy. It’s vital to spend money on corporations that influence us personally and be a power for change for ladies in every single place.”
MARKET SNAPSHOT
Midi secured $60 million in its Collection B funding spherical in April, bringing its whole elevate to $100 million.
Final yr, the corporate closed a $25 million Collection 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 girls experiencing menopausal signs.
In July, Midi collaborated with Keck Drugs of USC to offer personalised care plans to people going by perimenopause and menopause.
Earlier this yr, the corporate introduced it was partnering with digital cognitive evaluation firm Neurotrack to assist decide whether or not mind fog signs in girls are indicative of menopause or indicators of extreme cognitive impairment equivalent to early dementia.
Final yr, the corporate introduced a partnership with Memorial Hermann Well being System to offer digital care companies to Houston sufferers.
