- Allara Health raises $26 million in Series B funding
- The company aims to help women with chronic hormonal conditions
As per a recent announcement, Allara Health has revealed that it raised a total of $26 million in Series B funding, with an intent to use it to assist women further, having chronic hormonal conditions.
Being a Virtual women’s health company, Allara Health was established in 2020 with headquarters in New York City. The company caters to the Medical Practices industry, committing itself to women who are struggling with conditions like polycystic ovarian syndrome, endometriosis, and hypothyroidism. These are some of the most common conditions for women in today’s time.
The platform lets patients begin with a video chat with an OBGYN or nurse practitioner in addition to a registered dietitian, undergoing hormonal and metabolic testing afterward. Following the procedure, the patients receive a personalized care plan including nutrition recommendations, lifestyle changes, and medication if appropriate while involving check-ins every 2 months with a dietitian as well as check-ins with a physician and educational content.
Allara has created a new way for women to engage with specialty care: personalized treatment delivered at scale by a team of experts who care deeply about their patients. As the healthcare market makes the jump from offline to online – similar to what we saw with consumer internet 20 years ago – there’s a significant opportunity to provide better access to care for patients and better quality of life for providers,” Martin Mignot, the Index Ventures Partner said.
Furthermore, the funding shall aid the company in bringing its care for women across the nation, as per the announcement. The website of the company mentions that it offers complete medical as well as nutrition care in 23 states while having a nutrition-only membership in 22 states and Washington, D.C.
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