So great to see this femtech market map infographic – we know that many of our medtech and digital health clients struggle with fundraising.
This is great news – over $1.1 billion raised for medtech women’s health startups!
It’s about time because for so long, women’s health has been underfunded. That never made sense to me, and I have watched (and worked for) medtech companies that struggle with this market. Too many physicians (second only to primary care, ACOG, the American College of Obstetricians and Gynecologists, boasts over 43,000 members, a medtech sales and marketing budget nightmare). Too many sub-specialties. Too many commodity items.
The infographic is great but the real information is in the list below (in alphabetical order) that shows exactly where this $1.1 B in funding is coming from (VCs, etc.). Some of the investment amounts are small, but others are impressive such as $690,000 for Lia, a pregnancy test startup or $2 million for period care products, funded by our own MassChallenge, right here in Massachusetts. Maybe this is another sign of the medtech funding renaissance….
The new markets in femtech include:
Fertility – This market is self-pay in some areas and covered by insurance in others. They include IVF, egg freezing, embryo screening, egg donation and medical treatments for female infertility. Mobile apps are in development for self-tracking of periods and fertility cycles.
Pregnancy and Nursing Care – I love this one. In this category, startups include tech-enhanced breast pumps and diagnostic tests to track risks of pregnancy complications for pregnant women.
Pelvic Healthcare – Some startups want to improve the clinical healthcare experience for women through telemedicine and genomics-based personalized solutions.
Period Care Products – Organic cotton tampons – what a great idea! Or, direct-to-consumer absorbent underwear that can replace pads and tampons.
Women’s Sexual Wellness – Startups offering lubricants to help women improve sexual wellness.
By the way, the Medtech Executive Women’s Survey has been analyzed and an article has been written that is en route to MDDI. Stay tuned.
Investors in Femtech
Andreessen Horowitz
Arboretum Ventures
BlueTree Allied Angels
Bonnier Growth Media
Bow Ventures
BoxGroup
Catalyst Health Ventures
Ceyuan Ventures
Chrysalis Ventures
Correlation Ventures
DreamIt Ventures
Drummond Road Capital
e.ventures
Endiya Partners
Flint Capital
Formation 8
Founders Fund
F-Prime Capital
FundersClub
Great Oaks Venture Capital
HAX
Haxus Ventures
Illumina Accelerator
Indigo Trust, Streams Capital
Innovation Works
InterWest Partners
iSeed Ventures
Kapor Capital, Act One Ventures
KES 7 Capital
Kleiner Perkins Caufield & Byers
LaunchCapital
Lee Equity Partners
Lerer Hippeau Ventures
Lightbank
LionBird
MassChallenge
MATIMOP
Merck Ventures
Mosaic Ventures
NewGen Venture Partners
Nokia Growth Partners
OrbiMed Advisors
Prime Venture Partners
Prospect Venture Partners
PV Ventures
Rho Ventures
Sequoia Capital China
SheEO
Slow Ventures
Sofinnova Ventures
SR One
Sunstone Capital
Swisscom Ventures
Topspin Partners
TPG Biotech
Union Square Ventures
Upstart Venture
Vayner RSE
Versant Ventures
Vivo Capital
vSpring Capital
Woodford Investment Management
Y Combinator
The infographic and most up-to-date list was created by CB Insights can be accessed at this link.