A women-focused healthcare firm ‘Maven Clinic’ has made the announcement about its valuation at $1.7 billion after it has raised the latest funding round of $125 million that was led by StepStone Group, a private markets investment firm. The round has witnessed the participation of General Catalyst, Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group and Lux Capital.
Founded in 2014, Maven clinic caters in the Hospitals and Health Care industry with specialities in Telehealth, Employee benefit, Healthcare, Fertility, Pregnancy, Parenting, Pediatrics, Adoption, Surrogacy, Global offering, Diversity, equity & inclusion, amongst other.
All the startups that are addressing the health challenges of women are enticing interest from venture capital investors that are being driven by the recognition of targeted healthcare solutions needs.
Maven Founder CEO Kate Ryder said, “Early on, people didn’t understand the sector's size and how powerful it is. It was one of the great missed opportunities over the last few decades in healthcare innovation. Women and family health is not just a huge area of health care that’s been undersupported and under-funded, it is the central part of health care.”
In addition, the firm has confirmed that its total funding has raised over $425 million during the latest financing round.
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