Lōvu Well being, a digital maternal well being firm, has secured $8 million in Sequence A funding, which it can use to spend money on AI, the corporate introduced final week.
The Cupertino, California-based firm helps each the mom and the child from conception by means of two-years postpartum. The corporate assigns a being pregnant navigator to work with each the mom and her obstetrician. Sufferers obtain gadgets like a blood stress monitor, fetal coronary heart charge and good scale, which all connect with Lōvu’s app. The corporate displays vitals every day and notifies the OB if there are any points, and sufferers obtain a weekly report on their vitals.
The Lōvu app additionally recommends instruments like diet and train steering, in addition to psychological well being check-ins. As well as, moms have entry to a market of third-party digital distributors for specialty care, similar to doulas, lactation help, sexual wellness counseling, bodily remedy and psychological well being.
The Sequence A spherical was led by SJF Ventures and included participation from Rogue Ladies’s Fund, Symphonic Capital, Emmeline Ventures, Majella Ventures, Oakwood Circle Ventures, Sand Hill Angels, Swizzle Ventures, Terrasys, Stand Collectively Ventures and Alumni Ventures. In complete, Lōvu has secured $14 million in funding.
“SJF has had a long-standing curiosity in maternal well being and Lōvu has stood out to us for years as we see the corporate’s care extension of the obstetrician’s workplace plus a novel market of partnered specialty options because the optimum ‘win-win-win’ technique for suppliers, well being plans, and moms,” stated Perry Clarkson, companion at SJF Ventures, in a press release.
The funding will assist the corporate spend money on AI and launch three augmentative brokers within the close to future. As well as, the funding will “help automation, integrations, and headcount as the corporate scales to fulfill demand from moms, clinicians, and suppliers,” based on the announcement.
The financing comes because the U.S. ranks the worst amongst excessive revenue international locations in maternal mortality. And 80% of those deaths might be prevented. On the similar time, there’s a scarcity of OB/GYNs, as one in three U.S. counties are maternal care deserts.
“Our present one-size-fits-all maternal care mannequin is failing mothers and infants,” stated Noel Pugh, co-founder and CEO at Lōvu Well being. “Each expectant mom and her child deserve equitable entry to precision care guided by progressive know-how and evidence-based insights. Lōvu’s AI-powered platform transforms workflows and modernizes medical practices, serving to clinicians intently monitor sufferers and intervene earlier when mandatory, whereas providing wraparound help that adjustments the way in which we convey life into this world.”
Different firms that supply maternal well being help embrace Partum Well being, Maven Clinic and Pomelo Care.
Picture: damircudic, Getty Photographs
