Celebrities Back Women’s Healthcare Service Maven

NEW YORK – Maven, which operates a digital health company for women and families, has closed $45 million in Series C funding which included investments from actresses Reese Witherspoon, Natalie Portman, Mindy Kaling, and 23andMe CEO Anne Wojcicki.

The round was led by Icon Ventures, with participation from existing investors Sequoia, Oak HC/FT, Spring Mountain Capital, Female Founders Fund, Harmony Partners, and individual strategic investors including Wojcicki, the ex-wife of Google founder Sergey Brin.

Maven has now raised $88 million to date since it was founded in 2014.

Maven offers three core elements of quality healthcare through their virtual clinic: Care Advocates who advocate for members throughout their experience, on-demand access to the largest custom network of women’s and family health providers in over 20 specialties via video chat or messaging and a community of providers offering information, expert support and resources. Maven’s custom programs support every path to parenthood including: egg freezing, fertility, pregnancy, postpartum, pediatrics, adoption, surrogacy, return-to-work, breast milk shipping, and reimbursement management.

Over the last twelve months, Maven has expanded rapidly, driven by adoption of its family benefits platform among individuals, employers, and health plans seeking better solutions for women’s health, family planning, and diversity in the workforce. The latest round of funding will be used to support Maven’s growth, deepen investment in its core digital programs across fertility, maternity, return-to-work, and pediatrics and expand into adjacent areas.

“Maven is addressing critical gaps in care by offering the largest digital health network of women’s and family health providers,” said Tom Mawhinney, lead investor from Icon Ventures, who will join the Maven board of directors. “With its virtual care and services, Maven is changing how global employers support working families by focusing on improving maternal outcomes, reducing medical costs, retaining more women in the workplace, and ultimately supporting every pathway to parenthood.”

In 2019, Maven says its client base tripled driven by partnerships with clients from over 100 companies globally. Maven’s women’s and family telehealth network expanded to include 1,700 providers across more than 20 specialties, filling in critical gaps in a broken healthcare system. The company recently launched Maven Wallet—a new feature designed to help members better manage receipts and expenses associated with fertility, egg freezing, adoption, and surrogacy reimbursement. Maven bills itself as the only end-to-end care solution for the entire family journey.

“We believe that women’s and family health is not just a vertical, but the core of a functional healthcare system,” said Kate Ryder, Founder & CEO, Maven. “With this latest round of funding, Maven will continue to double down and invest in the long term to drive meaningful, sustained change.”