Tech-enabled maternity clinic Millie has raised $4 million in a seed funding round led by TMV Ventures and BBG Ventures.
Others participating in the funding round include Venn Growth Partners; Capital of Sight Glasses; Learning capital; Hustle Foundation; Banana Capital’s Turner Novak; Michelle Kennedy on fertility and motherhood-focused social media platform Peanut; and Tristan Walker, founder and CEO of Walker & Company, a health and beauty brand.
WHAT ARE THEY DOING
The startup offers virtual maternity care services and plans to open an in-person clinic in Berkeley, California, by the end of the month.
Millie provides patients with a care team that includes an OB-GYN, a midwife, and a doula. The patient had three postnatal visits with clinician Millie, including the first in-home appointment within one week of delivery.
They can monitor patients remotely using devices such as blood pressure monitors, and patients can access mental health services, nutritional advice, and breastfeeding support through the app. by Millie.
“I endured an induction, more than two days of labor and an unplanned cesarean section with impending bleeding and although this is the definition of a high-risk birth, I was brought home with ‘standard’ care guidelines for the six-week OB. That resulted in a near miss,” Chief Executive Anu Sharma said in a statement. “I talked to Talia, my midwife at the time, and asked her, ‘If you could provide care the way you know people need it, what would that be like?’ Today, I am proud to say that we are providing that level of care through Millie.”
SNAPSHOT . MARKET
Pregnant patients in the US have to face worse health outcomes compared to other rich countries. In 2020, CDC reported The country’s maternal mortality rate is 23.8 deaths per 100,000 live births, up from 20.1 in 2019. Black women’s maternal mortality rate amounts to 55.3 deaths per 100,000 live births. live births, nearly three times the mortality rate of non-Hispanic white women.
There are a number of digital startups focused on maternal care and pregnancy that are currently crowdfunding. This early year, Cayaba Care earned 12 million dollars, while Mahmee raises $9.2 million. Babyscripts announces it has been raised Another $7.5 million in Series B . funding in November, building on 12 million dollars it went up early last fall.
In April, virtual behavioral health company Brave Health cooperation with Doula Mạng Networka service that pairs pregnant Medicaid patients with doulas, to add maternal mental health services to its offerings.