California-based, Midi Health, a virtual women’s care clinic to help those suffering from menopause and perimenopause, raised an additional $60 million led by Emerson Collective in Series B.
After this funding, the total amount raised by Midi Health is $100 million. The round was actively backed by Google Venture (GV) who also led the previous round. Midi Health has a syndicate of female investors including F7, Avestria, Steel Sky Ventures, 1843 Capital, Muse Capital, K50 Ventures, Susan Wojcicki, and Anne Wojcicki.
Midi Health Additional $60M Series
Midi Health has four main people including CEO Joanna Strober, MD Brand Officer Jill Herzig, CMO Kathleen Jordan, and COO Sharon Meers. CEO Joanna said in an interview that we will use this raised fund to expand insurance coverage and work on the opening of an additional 150 clinics by the end of 2024. We are on our road map to serve more than 1 million women per year by the end of 2029.
Midi Health primarily focuses on women’s health and their hormonal changes in their teenage and before. Midi Health has strict medical protocols for menopause and perimenopause taken care of by medical experts. They have personalized care plans for a woman according to their health. Midi Health is partnered with major insurance companies so that users can avail of cashless treatment, and they are available 24/7 by telephone and messages.
Moreover, CEO Joanna replied to the news that Midi Health is more than just a company, our primary focus is providing women with world-class menopause and perimenopause care, and we worked hard to deliver this promise.
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