Caraway, a digital care startup centered on offering psychological, bodily and reproductive healthcare for school college students, emerged from stealth with $10.5 million in seed funding.
The seed was led by 7wireVentures and OMERS Ventures, with participation from Hopelab Ventures and angel buyers.
WHAT IT DOES
Constructed from a partnership between 7wireVentures, OMERS Ventures, CEO Lori Evans Bernstein and COO Joshua Tauber, Caraway plans to supply team-based digital look after college-age ladies and others with related reproductive care wants.
Bernstein beforehand served within the first Workplace of the Nationwide Coordinator (ONC) for Well being IT through the George W. Bush administration. She was additionally cofounder and president of medical AI firm HealthReveal, which was acquired by Accolade final 12 months.
The startup will provide a care workforce made up of gynecologists, psychiatrists, household medical practitioners, adolescent specialists, therapists, nurses and care coaches. Sufferers may also have the ability to entry care by means of its app, like chatting with a nurse practitioner, getting referrals to in-person care and ordering dwelling exams for UTIs and STIs.
Caraway plans to launch in fall this 12 months.
“Many faculty college students are in disaster, and for girls, getting the care they want is more and more difficult. It should not be this fashion,” Bernstein mentioned in an announcement. “Our college students go to school not just for an educational expertise, but additionally to learn to cope and flourish independently.
“Caraway combines an skilled medical care workforce and passionate GenZers to help ladies+ in taking good care of themselves in an more and more sophisticated and arduous to entry healthcare system.”
THE LARGER TREND
Caraway is pitching its digital providing as a method to enhance care entry and coordination significantly for school ladies, a lot of whom face a modified reproductive healthcare panorama after Roe v. Wade was overturned. The COVID-19 pandemic additionally took a toll on younger adults’ psychological well being.
One other digital well being firm centered on faculty college students is Mantra Well being, which focuses on psychological healthcare. Earlier this 12 months, it raised $22 million in Collection A funding to develop its supplier community, enhance its medical infrastructure and improve its capabilities to deal with quite a lot of psychological well being wants, together with for extra extreme situations.
Femtech and digital care geared towards ladies symbolize a steadily increasing house inside digital well being. Alpha Medical, a digital major care startup centered on ladies, raised $24 million final 12 months and just lately added diabetes care choices.
Hybrid supplier Tia has been increasing its brick-and-mortar places within the Bay Space after scooping up $100 million in Collection B funding in 2021. In the meantime, ladies’s and household care supplier Maven Clinic introduced a $110 million Collection D increase in August of final 12 months.