Top Women-Led Health Startups to Watch in 2022
Women contribute to almost 80 percent of the $3.6 trillion annual healthcare spend, yet are strikingly under-represented in industry leadership. Women make up approximately 13 percent of CEOs in the healthcare industry.
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Top Women's Health Startups to Watch in 2022
FemTech investment is growing and shifting the paradigm of healthcare. Many women-led startups aim to provide diverse and culturally-competent care to reduce gender health disparities. We found some truly amazing women-led health startups to watch in 2022!
Tia
Tia is the "modern medical home for women" providing care both in-person and virtually. A membership with Tia helps people assigned female at birth access high-quality, low-cost gynecology, primary care, mental health, and other wellness services.
There are currently two membership options: $15 per month or $150 annually. Patients can then use their health insurance or pay up-front at their visit. In September 2021, Tia raised $100 million in Series B which will be used to expand services to more than 100,000 women by 2023.
Tia currently has clinics in New York City and Los Angeles, with one in San Francisco coming winter 2022.
Stix
Stix is a one-stop-shop for fertility, pregnancy, UTI, yeast infection, and vaginal health products. Their digital education platform, Real Talk, covers everything from prenatal vitamins to how to prepare for a pregnancy test.
In 2021, the Philly-based startup raised $3.5 million in seed funding to expand their line. Stix is a direct-to-consumer brand that makes caring for your health convenient and discreet–no more awkward run-ins at the drugstore.
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Evvy
Evvy is a new vaginal microbiome testing service to help women understand their symptoms and get personalized reports right to their phone. A single at-home vaginal microbiome test is $129, but with an Evvy membership, the price is $99 per test every 3 months.
The vaginal microbiome test, made in collaboration with OB/Gyns, can detect harmful bacteria and indicate microbes associated with health complications. Each report also comes with recommendations and relevant research. Evvy is empowering women to take control of their own health and improving access to research and treatment options for women globally.
Hey Jane
Hey Jane empowers women to have complete control of their reproductive health by helping patients in NY, CA, WA, IL, CO, or NM get fast, safe, and affordable abortion care without visiting a clinic. The team at Hey Jane checks in with patients throughout the process via text message.
Hey Jane does not yet accept insurance but does offer financial assistance through a nonprofit abortion fund partner. In a recent seed round, they raised $2.2 million to help in the fight for reproductive access.
Elvie
London-based company, Elvie, is a leading lifestyle product supplier. Elvie has created wireless breast pumps and pelvic floor trainers that connect to your phone for an easy experience. One of the breast pumps can be obtained for free or low-cost through health insurance.
As the founder, Tania Boler is driving innovation and confronting women's health stigmas head-on. Elvie has been featured in Harper's Bazaar, Glamour, and Women's Health Magazine. In September 2021, Elvie announced an $80 million Series C funding round.
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Ro
Ro is a healthcare technology company focused on continuity of care for people with and without health insurance. Between their digital health clinics for women and men, plus medication delivery services, Ro provides seamless care with transparent pricing.
In addition to digital health clinics, Ro provides a smoking cessation program, an affordable online pharmacy, weight management tools, and at-home care. Ro is truly a one-stop-shop for convenient, personalized care for patients who want complete control over their health.
Maven Clinic
Maven Clinic is a virtual women's health clinic serving over 175 countries in 30 provider languages. The women-centric clinics provide fertility, pregnancy, adoption, parenting, and pediatric care support. Maven Clinic also partners with employers and health plans to bring pregnancy and postpartum care to the patient.
As shown on their website, Maven Clinic has lowered C-section rates, lowered NICU admission rates, and helped patients avoid unnecessary ER and doctor's appointments. In a Series D funding round last year, they raised $110 million which brings their total funding over $200 million.
Bottom Line
The number of women-led health startups is growing exponentially, yet only accounts for 2% of venture capital investment. Of that, Black and Latinx women have received just 0.64%. Slowly but surely, women are increasingly in leadership positions and are helping to meet the health needs of all people.
Alexis Bryan MPH, is a recent graduate of Columbia’s Mailman School of Public Health. She is passionate about increasing access to care to improve health outcomes. Outside of work, she loves to travel, read, and pay too much attention to her plants.
