Healthcare provider specializing in women's midlife health Midi Health has raised USD 60 million in a Series B funding round led by Emerson Collective, with participants including Google Ventures, Memorial Hermann, SemperVirens, Felicis, Icon Ventures, Black Angel Group, and Gingerbread Capital. This round brings the total funds raised by Midi Health to USD 100 million.
The new funds will increase insurance coverage and hire and provide additional training to 150 clinicians by the end of the year. The organization plans to diversify service lines, amplify the midlife women's healthcare discussion, and scale its operations to care for over 1 million women annually by 2029.
Analyst QuickTake: The company is leading the way in delivering expert and insurance-friendly healthcare to women in perimenopause and menopause stages. Last October , it announced that it would expand its virtual care clinic to employers in all 50 states beginning in January 2024. In March 2024 , the company partnered with Neurotrack to help women determine whether brain fog symptoms are indicative of menopause or signs of severe cognitive impairment such as early dementia.
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