Maven raises $10.8M in Series A funding to expand its digital clinic for women

Maven, a New York City-based startup that bills itself as a digital clinic for women, raised $10.8 million in Series A funding, Fortune reports.

The telemedicine startup, which announced its Series A funding July 25, has raised more than $15 million since its launch in 2015. Maven Founder Katherine Ryder told Fortune she decided to found the startup while working as a venture capitalist and seeing the dearth of telemedicine networks targeted toward women's healthcare.

"I didn't understand why there were so many networks but no women's health providers [on those networks]," she told Fortune.

Today, the startup boasts roughly 100,000 users. On the Maven network, a woman can request a video appointment via website or app. A 10-minute appointment with a physician costs $35, a 10-minute appointment with a midwife costs $18 and a 20-minute appointment with a lactation specialist costs $25, among other services.

Maven offers services to both individual women and employers, who may offer the service to its female employees as a health benefit. Snap, the parent company of Snapchat, provides their employees access to the startup's 15-month program Maven Maternity. The program offers services related to pregnancy, along with services that aim to ease new mothers back into work after giving birth.

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