Midi Health proudly announced that it has achieved a valuation. Of $1B following the completion of a $100 million Series D funding round. The achievement of the Midi Health valuation milestone represents a significant change. In the women’s telehealth industry. Widespread adoption of the service and expansion of care offerings have fueled this. Goodwater Capital led the funding round, with participation from Foresite Capital and Serena Ventures. Existing investors include Advance Venture Partners, GV (Google Ventures), Emerson Collective, SemperVirens, and McKesson Ventures. In addition, the company is now able to offer insurance-covered care in all 50 states in the US. Serving over 45 million women.
“This is validation for the movement we’re leading. To provide women with better healthcare,” said Joanna Strober, co-founder and chief executive officer of Midi Health. “Women’s health has been treated like an afterthought for too long. This funding gives us the resources to rewrite that story at scale.”
Expanding Women’s Healthcare with AI Technology
Midi Health has transformed from being a menopause solutions company to a comprehensive one. AI-based healthcare solution for women at all stages of their lives. Each week, more than 25,000 patients access Midi’s comprehensive healthcare solutions. In the areas of OB-GYN, Internal Medicine, Cardiology, Dermatology, Mood, and Longevity. The company uses AI technology to provide personalized healthcare, improve business operations, and improve healthcare outcomes. In addition, Midi is also developing its leadership talent. With experienced professionals in finance, marketing, and commercial strategy to assist it in its next phase of growth. This valuation achievement marks the start of a new chapter of innovation and investment in women’s healthcare.
“Goodwater is committed to Midi Health’s long-term mission. To fundamentally transform women’s healthcare,” said Eric Kim, co-founder and managing partner at Goodwater Capital. Midi’s rise as the fastest-growing women’s health platform. The world is a testament to their entire care team, patient-centric approach, and AI advancements. That delivers highly personalized care and scalable growth.”
“When women founders and women customers are heard, entire systems change,” said Serena Williams, managing partner at Serena Ventures. “We have been following Joanna and the team for years and are impressed by the scale they have achieved. They are delivering care that’s critical. For every woman to have access to, in a space that represents billions of dollars of healthcare spend.”
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News Source: Businesswire.com
