Maven Clinic Raises $110M in Series D Funding

maven

Maven Clinic, a New York-based virtual clinic company, raised $110M in Series D funding.

The round, which brought total funding to more than $200m, was led by Dragoneer Investment Group, Lux Capital with participation from BOND, Sequoia, Oak HC/FT, and Icon Ventures, as well as Oprah Winfrey. In conjunction with the funding, Eric Jones, partner at Dragoneer Investment Group, is joining Maven’s Board of Directors along with Deena Shakir, partner at Lux Capital.

The company intends to use the funds to expand into new populations and to invest in additional product innovation to further enhance its member experience designed to improve clinical outcomes.

Founded in 2014 by CEO Kate Ryder, Maven Clinic provides virtual clinic for women’s and family health, offering continuous, holistic care for fertility, pregnancy and parenting. Maven’s platform combines an expansive, specialized telehealth network of more than 30 provider types with individual care navigation to support all parents and all paths to parenthood, from fertility through pregnancy, parenting and pediatrics. Its compassionate Care Advocates are on the frontlines when it comes to helping members navigate the complexities of the family-building journey, from managing high-risk fertility and maternity patients to ensuring integration with existing benefits to empowering members to advocate for themselves. Its digital programs are used by leading employers and health plans to reduce costs and improve health outcomes for both parents and children.

Clients include Microsoft, Boston Scientific, Booz Allen Hamilton, and L’Oreal.

FinSMEs

18/08/2021