Maternity-focused digital health business Diana Health protected $34 million in Series B financing led by Norwest Ventures Partners, bringing its overall raise to $46 million.
Existing financiers LRVHealth and.406 Ventures took part in the round, as did AlleyCorp.
WHAT IT DOES
The New York-based business partners with health centers and health systems to use tech-enabled OB-GYN and ladies’s health services, consisting of psychological health care, prejudgment and household preparation, yearly well lady check outs, wellness training, and virtual and in-person classes and occasions.
Diana Health likewise releases care groups, consisting of psychological health and health suppliers, OB/GYNs, and licensed nurse midwives.
The business will utilize the Series B financial investment to broaden its reach nationally and grow its platform and offerings.
” The group at Diana Health has actually made significant development to date. We eagerly anticipate bringing their service to more neighborhoods as Diana Health broadens across the country and offers higher premium access to maternal and gynecological care,” Irem Rami, principal at Norwest Endeavor Partners and board member at Diana Health, stated in a declaration.
MARKET PICTURE
Diana Health released in 2015 with $ 11 million in Series A funding At the time, the business revealed a cooperation with TriStar StoneCrest Medical Center in Tennessee, a part of the health care system HCA Health Care
In the U.S., the maternal death rate in 2021 increased to 32.9 deaths per 100,000 live births from 23.8 in 2020 and 20.1 in 2019. Scientists state innovations can enhance maternal results when integrated within pregnancy care, specifically when resolving social factors of health, making sure quality of care and enhancing interaction in between clients and suppliers.
A number of business are seeking to use tech-enabled offerings to enhance maternal care, consisting of maternity telehealth platform Ouma Health, which offers mom and fetal at home care offerings to ladies on Medicaid, tech-enabled maternity center Millie, and perinatal and prenatal health AI business PeriGen