September 28, 2023- — Midi Health, the emerging digital leader in women’s midlife healthcare, today announced the close of a $25M Series A funding round led by GV (Google Ventures). Investors Frederique Dame and Cathy Friedman from GV are joined by current investors Felicis, Semper Virens, Icon, 25M and Operator Collective, bringing the company’s total funding raised to date to $40M.
In the year since the company officially launched to consumers, Midi Health has already helped tens of thousands of patients and provides care covered by all the major insurance carriers, expanding to 50 states by January 2024. The company will leverage the new capital to expand operations nationwide and to launch additional partnerships with some of the largest hospital systems in the country, as well as major U.S. employers.
Every day in the U.S. 6,000 women hit menopause, which is defined as starting 12 months after a woman’s last period. They reach that milestone, on average, at age 51, but perimenopause, the precursor to menopause, can occur much earlier.
Midi Health recently announced a partnership with fertility benefits leader, Progyny, to bring midlife care to employers across the US. Current employer clients include Stanford University and ServiceNow, and agreements are in place with healthcare systems clients such as Lifepoint Health.