Maven, a New York-based digital health company, raised $10.8M in Series A financing.
The round was led by Spring Mountain Capital, with participation from 14W, DGNL, and Colle Capital and existing investors 8VC, Great Oaks Venture Capital, The Box Group, and Female Founders Fund. In conjunction with the funding, Spring Mountain Capital’s Lauren Breuggen is joining Maven’s Board of Directors, alongside Maven-appointed Rachel Winokur, Chief Business Officer of Bright Health and veteran of Aetna.
The company, which has raised over $15M in total funding, intends to use the funds to continue to invest in Maven Maternity, with increased personalization and content for each member’s user experience – whether it’s fertility assistance, pregnancy, postpartum, adoption, surrogacy, or loss – and to build more tools.
Led by Kate Ryder, founder and CEO, Maven offers a digital care platform for women and their families. Launched in 2015, Maven has served nearly 100,000 patients through its network of 1,000+ practitioners. Patients can book video appointments or send messages to a wide range of maternity and women’s health practitioners, including OB-GYNs, midwives, therapists, nutritionists, and more.
These practitioners are available to offer advice and write prescriptions around the clock, including nights and weekends.
Maven’s family benefits platform, Maven Maternity, deployed at top companies across the US, including Snap Inc. and Protective Life Corporation, offers a clinical program that supports new parents from conception through pregnancy, postpartum, and the transition back to work.