{"id":8995,"date":"2024-10-12T06:00:28","date_gmt":"2024-10-12T10:00:28","guid":{"rendered":"https:\/\/lifescivoice.com\/?p=8995"},"modified":"2024-10-12T06:00:28","modified_gmt":"2024-10-12T10:00:28","slug":"maven-clinic-receives-125-million-to-fund-technology-and-value-based-treatment","status":"publish","type":"post","link":"https:\/\/lifescivoice.com\/maven-clinic-receives-125-million-to-fund-technology-and-value-based-treatment\/","title":{"rendered":"Maven Clinic receives $125 million to fund technology and value-based treatment"},"content":{"rendered":"<p>Maven Clinic, an online clinic for women and family health, has closed its series F funding round at $125 million.<br \/>\nStepStone Group led the round, and General Catalyst, Sequoia, Oak HC\/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital also invested. The round makes Maven\u2019s total funding greater than $425 million. Maven intends to use the capital to fund its women\u2019s fertility benefits administration and telehealth platforms. The funding round increased Maven Clinic\u2019s valuation to $1.7 billion<br \/>\n\u201cFor a decade, Maven Clinic has challenged conventional wisdom, time after time demonstrating that women\u2019s healthcare can and should be seamless, technology-driven, and excellent for patients, employers, payers, and providers alike,\u201d Seyonne Kang, partner at StepStone Group, said in a news release. \u201cWe eagerly anticipate Maven to keep creating a better healthcare experience for families in the years to come.\u201d<br \/>\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3812572458252831\" crossorigin=\"anonymous\"><\/script> <ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-3812572458252831\" data-ad-slot=\"7669348015\"><\/ins> <script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nCEO Kate Ryder of Maven said that investors were not only interested in its business growth but more so in the product and its mission. Specifically, Maven\u2019s Maternity &#038; Newborn Care program has shown 400% growth in clients in the past year. The care matching, virtual doula care, and social determinants screening program will use part of the funding employment of AI to augment the personalization of care.<br \/>\nThe capital will also be used to support Maven\u2019s value-based adult primary care and obstetrical services across commercial and Medicaid. In the last two years, the company has more than doubled its market presence in Medicaid. Maven stated that pregnant Medicaid users have more than 20 monthly touch points on the Maven platform.<br \/>\nMaven is currently involved in partial risk contracts now and would want to get more into risk as more outcomes are produced.<br \/>\nFrom women experiencing symptoms of menopause and midlife, managing these symptoms and encouraging both men and women to embrace healthy aging, Menopause &#038; Midlife is Maven\u2019s \u2018go-to\u2019 program with 300 percent year-on-year growth and over 550 clients providing this program as Maven claims.<br \/>\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3812572458252831\" crossorigin=\"anonymous\"><\/script> <ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-3812572458252831\" data-ad-slot=\"7669348015\"><\/ins> <script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nMaven states that it offers content dating from pre-conception, and family formation, through pregnancy, parenting, menopause, and midlife. It has more than 2,000 customers spanning 175 countries including AT&#038;T, Morgan Stanley, Amazon, Microsoft and L\u2019Oreal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maven Clinic, an online clinic for women and family health, has closed its series F funding round at $125 million. StepStone Group led the round, and General Catalyst, Sequoia, Oak HC\/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital also invested. The round makes Maven\u2019s total funding greater than $425 million. Maven intends to use [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8996,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":{"0":"post-8995","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commercial"},"_links":{"self":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts\/8995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/comments?post=8995"}],"version-history":[{"count":2,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts\/8995\/revisions"}],"predecessor-version":[{"id":9057,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts\/8995\/revisions\/9057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/media\/8996"}],"wp:attachment":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/media?parent=8995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/categories?post=8995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/tags?post=8995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}