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Meghan Markle has made another angel investment
Meghan Markle continues her venture into business as an angel investor in healthcare company Midi, which focuses on women's health, particularly menopause. She participated in a $63 million Series B funding round alongside notable investors. Since moving to the U.S., she has invested in various sectors, primarily supporting companies with female founders.
Key points
- Meghan Markle is an angel investor in healthcare company Midi.
- Midi offers a virtual platform for menopause treatment and related health concerns.
- Markle joined a $63 million Series B funding round for Midi in March.
- Notable investors included Laurene Powell Jobs and Tory Burch.
- Since moving to the U.S. five years ago, Markle has expanded her angel investment portfolio.
- Her investments focus on companies with at least one female founder, spanning sectors like consumer, fintech, and edtech.
- Her portfolio includes over 10 companies, such as Clevr and Highbrow Hippie.
Why it matters
- The rise of female angel investors has been noted as a growing trend in the investment world.
- The focus on women's health in startups aligns with increasing awareness of gender-specific health issues.
- Markle's investments reflect a shift towards social impact investing, particularly in sectors that support women entrepreneurs.
- By 2025, tech trends are expected to increasingly prioritize diversity, equity, and inclusion in funding.
- Companies that address health via technology, like telehealth and wellness apps, are rapidly evolving in response to the pandemic.
Meghan Markle's angel investments signify a growing trend of supporting female-led businesses and health-focused startups, highlighting her commitment to social impact entrepreneurship.