Cayaba Care, a brand new maternal healthcare startup, launched at this time with $3.2 million in seed funding.
The financing spherical was led by Flare Capital and had participation from Digitalis Ventures, Kapor Capital, SteelSky Ventures and extra angel traders.
WHAT IT DOES
Cayaba Care was created to deal with the maternal well being disaster that’s occurring worldwide, however particularly within the U.S.
In 2018, there have been greater than 17 maternal deaths per 100,000 dwell births within the U.S., a determine that’s greater than double that of most different high-income nations, based on the Commonwealth Fund. For example, that very same 12 months the maternal mortality fee per 100,000 dwell births was 8.6 in Canada, 6.5 within the U.Okay. and 4.8 in Australia.
The corporate is initially launching in Philadelphia and targets maternal well being by combining community-based scientific and social partnerships with technology-enabled multidisciplinary care groups.
“Mothers and infants are on the facilities of many communities. At Cayaba Care, we consider mothers need to be heard, and we’re targeted on designing empathetic options particularly rooted within the affected person voice and bringing high-quality care that matches into their sophisticated lives,” Olan Soremekun, CEO and cofounder of Cayaba Care, stated in a press release.
Cayaba Care goals to fulfill the total scope of maternal well being wants by providing care coordination, profit sign-up, routine maternity care all through the being pregnant journey, psychological well being providers, breastfeeding help and affected person training.
WHAT IT’S FOR
Cayaba Care plans to spend money on its information and expertise integrations with well being techniques companions to additional interact customers, an organization spokesperson shared by way of e-mail. It is going to additionally develop its care groups to ship on its home-based care mannequin.
Digital maternal well being instruments can enhance entry for individuals who might not have care choices available close to them, particularly throughout the pandemic.
At the moment, there are a selection of femtech corporations targeted particularly on the wants of pregnant folks and new dad and mom. Ladies’s digital well being firm Maven not too long ago expanded its providers past fertility and maternity care right into a broader family-care house. Final fall, the hybrid maternal well being firm Oula launched with providers obtainable in-person or nearly.
Specialists predict that the femtech market will attain new heights in coming years. Nevertheless, they are saying corporations that concentrate on presently untapped market areas will likely be a driving power of progress. Areas inside menopause, geriatric care, psychological well being, fibroids, endometriosis and personalised holistic care are notably ripe for innovation.