Maven Clinic

Overview
Activities
News
Telehealth?
Product stageSegments
Growth
?
Specialized Telemedicine
?

Maven Clinic is a specialized telemedicine provider focused on offering an end-to-end solution covering fertility, pregnancy, parenting, and pediatrics. The company provides a global health and family care platform which offers 24/7 virtual care and support in 175 countries. The company achieved unicorn status in August 2021 and has since experienced a 5x growth increase in the number of lives covered. As of November 2022, the company claims to cover 15 million lives.   

In March 2023, Maven Clinic acquired fertility and maternity care provider Naytal for an undisclosed sum. The acquisition of London-based Naytal was carried out to support Maven’s geographical expansion into the UK and Europe. Post-acquisition, Naytal's founder and CEO joined Maven as the company’s regional vice president for global growth and partnerships. Additionally, several of Naytal’s UK-based women‘s healthcare providers were be onboarded to Maven’s network of providers.

In April 2024, the company launched the Trying-To-Conceive (TTC) health coaching program for those who may find it difficult to get pregnant and choose not to utilize In vitro fertilization. The TTC health coaching program provided personalized support, education and referrals to obstetric patients. As part of this expansion, Maven also added a range of specialist types to their reproductive urology provider network. Additionally, Maven expanded access to provider types for male fertility care with the aim to support male fertility with a comprehensive care team.

Key customers and partnerships

In August 2023, the company partnered with Amazon to provide access to Maven's healthcare services to Amazon's employees. Through the partnership, Amazon employees in 50 countries outside of the US and Canada will be able to access all of Maven's specialists through its platform at no cost, as part of Amazon's family-building and support program. The partnership will cover consultations with gynecologists, fertility doctors, adoption coaches, obstetricians, mental health providers, nutritionists, and other specialists that provide care across 35 languages. Employees will also have access to “Care Advocates,” who will virtually assist Amazon employees with navigating care in their regions. 

In January 2024, Maven Clinic partnered with WellTheory , a virtual care platform for autoimmune diseases. The partnership provided Maven Clinic employees with free access to WellTheory's platform.

More recently, in February 2024, Maven expanded its collaboration with telecommunications giant AT&T to provide wider family-building and fertility support services to AT&T employees.

Funding and financials

In November 2022, the company raised USD 90 million in a Series E funding round led by General Catalyst, along with participation from other venture capital firms and existing investors. This fundraiser was carried out at a valuation of USD 1.35 billion. The funds were set aside to grow its global service offerings by partnering with Medicaid and building out its menopause offerings. The company also earmarked the funds to develop its platform’s personalization further and refine its localized resources for global users.

HQ location:
394 Broadway 3rd Floor New York NY USA
Founded year:
2014
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 292.1 mn
Last Funding:
USD 90.0 mn (Series E; Nov 2022)
Last valuation:
USD 1.4 bn (Nov 2022)
Key competitors
 
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