March of Dimes' Innovation Fund makes first investment in virtual OB-GYN assistant

The innovation arm of March of Dimes, the nonprofit aiming to improve maternal and child health, made its first investment into Iron Health, a company that develops virtual tech assisting OB-GYNs, as part of the company's $4.5 million seed funding round.

Iron Health was built at the healthcare tech creator Redesign Health in 2022. Patients can access virtual primary care and behavioral health through the Iron Health platform through visits or messaging, according to a March 9 Iron Health news release shared with Becker's.

"Women across the U.S. are facing healthcare challenges unlike they've experienced in decades. Combined with the steadily increasing stress on OB/GYNs, we're at a critical inflection point," Elizabeth Cherot, MD, senior vice president and chief medical and health officer of March of Dimes, said in the release. "We selected Iron Health as the first venture investment for the March of Dimes Innovation Fund because their unique value proposition for OB/GYNs and patients complements our mission to improve the health of moms and babies specifically in areas of chronic disease management and mental health."

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