Published by Finsmes on February 19, 2020
Maven, a NYC-based women’s and family digital health company, closed a $45m Series C funding.
The round was led by Icon Ventures, with participation from existing investors Sequoia, Oak HC/FT, Spring Mountain Capital, Female Founders Fund, Harmony Partners, and individual strategic investors Reese Witherspoon, Natalie Portman, Mindy Kaling, and Anne Wojcicki. In conjunction with the funding, Tom Mawhinney, lead investor from Icon Ventures, will join the Maven board of directors.
The company intends to use the funds to support growth, deepen investment in its core digital programs across fertility, maternity, return-to-work, and pediatrics and expand into adjacent areas.
Founded in 2014 by Katherine Ryder, CEO, Maven is a women’s and family healthcare company, offering high-tech and high-touch support through a platform, which allows global companies to attract and retain talent while improving the health and economic outcomes of their employees. The company offers three core elements of quality healthcare through their virtual clinic: Care Advocates who advocate for members throughout their experience, on-demand access to the largest custom network of women’s and family health providers in over 20 specialties via video chat or messaging and a community of providers offering information, expert support and resources. Custom programs support every path to parenthood including: egg freezing, fertility, pregnancy, postpartum, pediatrics, adoption, surrogacy, return-to-work, breast milk shipping, and reimbursement management.
Maven has raised $88MM, and is backed by Icon Ventures, Sequoia Capital, Oak HC/FT, Spring Mountain Capital, 14W, 8VC, The Box Group, and Female Founders Fund, among others.
