Tech-enabled maternity clinic Millie raised $4 million in a seed funding spherical led by TMV Ventures and BBG Ventures.
Others collaborating within the financing spherical embrace Venn Development Companions; Wanting Glass Capital; Study Capital; Hustle Fund; Banana Capital’s Turner Novak; Michelle Kennedy of fertility and motherhood-focused social media platform Peanut; and Tristan Walker, founder and CEO of Walker & Firm, a well being and sweetness model.
WHAT THEY DO
The startup presents digital maternity care providers and plans to open an in-person clinic in Berkeley, Calif., on the finish of the month.
Millie supplies sufferers with a care crew made up of an OB-GYN, a midwife and a doula. Sufferers obtain three postpartum visits with a Millie clinician, together with the primary in-home appointment inside every week after giving delivery.
They will remotely monitor sufferers utilizing units like blood stress cuffs, and sufferers can entry psychological well being providers, vitamin counseling and lactation assist although Millie’s app.
“I had endured an induction, over two days of labor, and an unplanned C-section with near-hemorrhage and, whereas this was the definition of a high-risk supply, I used to be despatched house with ‘normal’ care directions to see my OB in six weeks. That resulted in a close to miss,” CEO Anu Sharma stated in a press release. “I spoke with Talia, my midwife on the time, and requested her, ‘Should you might present care the way in which individuals want, what would that appear to be?’ In the present day, I am proud to say that we’re offering that degree of attentive care by Millie.”
MARKET SNAPSHOT
Pregnant sufferers within the U.S. face worse well being outcomes in contrast with different rich nations. In 2020, the CDC reported the nation’s maternal mortality fee was 23.8 deaths per 100,000 dwell births, rising from 20.1 in 2019. Black girls’s maternal mortality fee reached 55.3 deaths per 100,000 dwell births, practically thrice the speed of non-Hispanic white girls.
There are a selection of maternal care and pregnancy-focused digital well being startups presently fundraising. Earlier this 12 months, Cayaba Care scooped up $12 million, whereas Mahmee raised $9.2 million. Babyscripts introduced it had raised one other $7.5 million in Collection B funding in November, constructing on $12 million it had scooped up earlier final fall.
In April, digital behavioral well being firm Courageous Well being partnered with the Doula Community, a service that pairs pregnant Medicaid sufferers with doulas, so as to add maternal psychological healthcare providers to its choices.
