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Midi Health raises $60M in Series B Round led by Emerson Collective to transform women's healthcare

Apr 24, 2024over 1 year ago

Amount Raised

$60 Million

Round Type

series b

Menlo ParkHealth Care

Investors

K50 VenturesSusan WojcickiAnne Wojcicki1843 CapitalMuse CapitalAvestriaSteel Sky VenturesF7Operator CollectiveG9Able PartnersGingerbread CapitalBlack Angel GroupIcon VenturesFelicisSemper VirensMemorial HermannGv (Google Ventures)Emerson Collective

Description

Midi Health, the fastest-growing virtual care clinic for women navigating perimenopause and menopause, announced the close of a $60M Series B funding round led by Emerson Collective. The funding brings the company's total funding raised to date to $100M and will be used to expand insurance coverage, hire and upskill additional clinicians, diversify service lines, amplify the conversation around midlife women's healthcare, and scale to care for 1 million+ women per year by 2029.

Company Information

Company

Midi Health

Location

Menlo Park, California, United States

About

Midi Health is the fastest growing virtual care clinic focused on women navigating midlife hormonal change and beyond. With treatment protocols created by world-class medical experts in perimenopause and menopause, delivered by clinicians trained in women's midlife health, Midi Health provides patients with personalized care plans that include hormonal and non-hormonal medications, supplements, lifestyle coaching and more. All services are covered by insurance, and conveniently accessible through telehealth visits and 24/7 messaging.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech