Maven Clinic, which provides digital care geared towards ladies and households, introduced Tuesday it had bought London-based Naytal to hurry its growth within the UK and different European markets.
The corporate didn’t disclose monetary phrases of the transaction.
Based in 2021, Naytal gives on-line consultations for fertility issues, being pregnant and postpartum help, and menopause care. The corporate’s founder and CEO Leila Thabet will be a part of Maven as regional vice chairman of worldwide development and partnerships.
“Maven’s digital platform has been constructed to handle gaps in reproductive and maternal well being globally and meet every member, regardless of the place they’re on the earth, with the identical stage of high-quality, customized care,” Maven CEO Kate Ryder mentioned in a press release. “With our acquisition of Naytal, our quickly increasing UK and European membership may have even higher entry to well timed help that meets their distinctive wants by a companion deeply embedded within the area.”
THE LARGER TREND
Founded in 2014, Maven has raised $300 million in enterprise funding, together with a $90 million Series E introduced in November and a $110 million Series D from 2021.
The corporate works with well being plans and employers to supply ladies’s and household healthcare, together with fertility and household planning providers, being pregnant and postpartum care, and parenting and pediatric help. It added a program for menopause-related care final yr.
The New York-based unicorn mentioned it at the moment has members in 175 international locations, although the UK is its largest market outdoors the U.S. Maven works with greater than 70 employers who’ve staff within the area.
The most recent deal comes almost three years after Maven introduced it had purchased parent-child relationship app Bright Parenting.
Although general digital well being funding fell final yr, funding in ladies’s well being expertise firms held relatively steady, in keeping with knowledge from PitchBook. Femtech funding really made up a bigger portion of digital well being funding final yr in contrast with 2021.
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