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Maternity clinic Millie nabs $12M Series A from an all-star, all female class ofVCs
Millie, a California-based maternity clinic founded by Anu Sharma, secured a $12 million Series A funding from female-led VC firms. Inspired by her own pregnancy complications, Sharma aims to provide comprehensive maternity care, blending in-person and virtual services. The clinic plans to use the funds to expand its presence in California and enhance technology offerings.
Key points
- Millie was founded by Anu Sharma after her challenging pregnancy experience in 2019.
- The clinic launched in 2022, offering maternity, gynecology, postpartum, mental health, and nutrition services.
- Millie's model includes in-person care, virtual visits, and a tech platform for patient monitoring.
- The recent $12 million Series A was led by all-female VC firms including RH Capital and Pivotal Ventures.
- Millie has raised nearly $19 million to date, with plans to expand its physical and technological footprint.
Why it matters
- The rise of female-led startups is part of a larger trend in venture capital focusing on diversity and representation.
- In 2025, the healthcare industry is expected to leverage more technology-driven solutions, reflecting Millie's AI-enabled workflows.
- Millie aligns with the trend of hybrid healthcare models, combining in-person and digital care, which has been accelerated by the Covid-19 pandemic.
Millie's successful funding round reflects a growing commitment to women's health, innovative healthcare delivery, and the impact of diverse leadership in the tech and healthcare sectors.