Middle-aged women’s health clinic Midi Health announced it has added a group of female investors to its oversubscribed $63 million Series B round through a $5 million special purpose vehicle.
New investors include actresses and producers Amy Schumer and Connie Britton, soccer star Brandi Chastain, fashion designer and entrepreneur Tory Burch, Feminine Media’s Meena Harris, Sandberg Bernthal Venture Partners and investor and Angel City FC co-founder Kara Nortman.
Also participating in the round were venture funds run by former Meta COO Sheryl Sandberg and her husband Tom Bernthal, Waymo co-CEO Tekedra Mawakana, Stripe executive Claire Hughes Johnson, PagerDuty CEO Jennifer Tejada and Toast CFO Elena Gomez.
Other investors also participated, including executives from OpenAI, Apple, Amazon, Google, Meta, Atlassian, Databricks, Cloudflare, Warner Media, Universal Music Group, Life360 and Calm.
The above group of capital investors joins the company’s other Series B investors, including GV (Google Ventures), Emerson Collective, Memorial Hermann Health System, Black Angel Group, SemperVirens, Felicis, Icon Ventures, Ingeborg Investments, G9, Operator Collective and Gingerbread Capital.
A total of 80 investors participated in the Series B round, the company said.
What it does
The California-based company offers a virtual care platform that gives women over 40 access to nurses who specialize in perimenopause and menopause. Physicians and researchers oversee the nurses. The platform offers a range of interventions, from lifestyle guidance to prescription medications.
“Like all of you, I see a clear gap in companies that prioritize women’s needs and address the challenges they face when seeking health care. Midi is breaking new ground for women over 35 as their health care needs evolve,” Amy Schumer said in a statement.
“The SPV investment opportunity was a unique way for leaders from across industries to come together to ensure women’s health remains at the forefront of innovation, rather than an issue that has been put on the back burner for so long. It’s important to invest in companies that impact us personally and are a force for change for women around the world.”
Market Snapshot
Midi The company secured $60 million in a Series B funding round in April, bringing its total funding to $100 million.
Last year, the company The company’s $25 million Series A funding round, led by Google Ventures, will expand access to its service across all 50 U.S. states, and it has raised $14 million in seed investment in 2022.
Last month, the company Announced a partnership with digital musculoskeletal care company Hinge Health to combine Hinge’s movement-based support with Midi’s virtual care clinics to support women experiencing menopause.
July, Midi We collaborated with the Keck School of Medicine of the University of Southern California to provide individualized care plans for individuals going through perimenopause and menopause.
Earlier this year, the company The company said it is partnering with digital cognitive assessment company Neurotrack to determine whether women’s symptoms of brain fog are a sign of menopause or a sign of more severe cognitive impairment such as early-stage dementia.
Last year, the company Announced a partnership with Memorial Hermann Health System to provide virtual care services to patients in Houston.
