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New York-based virtual women's health provider Maven Clinic announced a strategic collaboration with care concierge company Wellthy to combine clinical care and caregiving support for employees.
Maven Clinic is a digital reproductive health and family platform that offers fertility and family planning services, pregnancy and postpartum care, parenting and pediatric support, and menopause-related care.
Wellthy offers a care concierge service that connects employees with care teams to help them navigate the healthcare system, including finding in-home support, understanding benefits, accessing legal resources and obtaining financial assistance.
The company also offers Backup Care services to help employees find emergency care for family members, including daycares, on-site childcare facilities and other community-based programs.
The aim of Maven and Wellthy's partnership is to help employees in the "sandwich generation, – those in the period of starting a family and caring for an older loved one – navigate the process from fertility, growing a family and overseeing eldercare.
"This partnership is about building a system that reflects how people live, with clinical care and caregiving support together in one place. When technology makes that support intuitive, you don't just improve outcomes – you make it possible for people to ask for help in the first place," Kate Ryder, founder and CEO of Maven Clinic, said in a statement.
THE LARGER TREND
Maven Clinic has announced numerous partnerships over the past year, including a collaboration with health-tracking ring maker Oura that allows Maven's care teams to access Oura Ring wearers' biometric data, including sleep, stress and activity data.
Maven also partnered with financial services provider Manulife Canada to give Manulife Group Benefits plan members access to its virtual women's health platform and Pinterest, offering the search and discovery company's employees access to mental health support, reproductive and family health specialists, and guidance on fertility, pregnancy, parenting and menopause.
In 2024, Maven Clinic secured $125 million in Series F funding, bringing its total raise to more than $425 million. The round came two years after the company announced a $90 million Series E raise.
In 2021, the company closed a $110 million Series D funding round, and in 2020 raised $45 million in Series C funding.
Maven raised $27 million in Series B funding in 2018 and $10.8 million in a Series A round in 2017, bringing its total funding at the time to over $15 million.
Meanwhile, last year, Wellthy acquired Patch Caregiving, which works with employers to design on-site and near-site backup childcare programs for employees.
In 2024, Wellthy partnered with Guardian Life Insurance Company of America to offer caregiver support services to Guardian members with employer-sponsored disability insurance benefits.
In 2023, Wellthy raised $25.5 million in funding, and in 2021, it secured $35 million in a Series B round.
