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British Femtech Elvie Lands £58M Funding For Its Smart Breast Pumps And More

Jul 27, 2021•almost 4 years ago

Amount Raised

£58 Million

London

Description

The femtech industry is expected to become a $50 billion market by 2025. To capitalise on this growth, London-based Elvie, a leading femtech startup that develops iconic and smart products for women has bagged £58 million in a Series C funding round.

Company Information

Company

Elvie

Location

London, Ontario, Canada

About

Founded in 2013, Elvie is a British brand developing smarter technology for women. After realizing the lack of support for new mums, CEO Tania Boler brought together a team of world-class engineers, designers and business minds to redesign the existing unattractive and outdated medical devices in women’s health into sleek consumer products that could be used at home. Elvie now has four products on the market. The first to launch, Elvie Trainer, is an award-winning Kegel trainer and app. Its second product, Elvie Pump, is the world's first silent, wearable breast pump. The newest additions to the line-up are Elvie Curve and Elvie Catch; both enhancing the Elvie breastfeeding range. Elvie Curve is a wearable, silicone breast pump that uses natural suction to enable comfort and Elvie Catch is a set of two secure milk collection cups to catch leaks and collect additional milk. For more information visit ​elvie.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech