Diana Well being secures $34M to develop maternity-focused choices

Maternity-focused digital well being firm Diana Health secured $34 million in Collection B funding led by Norwest Ventures Companions, bringing its complete elevate to $46 million. 

Current traders LRVHealth and .406 Ventures participated within the spherical, as did AlleyCorp. 

WHAT IT DOES

The New York-based firm companions with hospitals and well being programs to supply tech-enabled OB-GYN and girls’s well being providers, together with psychological healthcare, preconception and household planning, annual nicely girl visits, wellness teaching, and digital and in-person lessons and occasions. 

Diana Well being additionally deploys care groups, together with psychological well being and wellness suppliers, OB/GYNs, and authorized nurse midwives. 

The corporate will use the Collection B funding to broaden its attain nationally and develop its platform and choices. 

“The group at Diana Well being has made large progress so far. We sit up for bringing their resolution to extra communities as Diana Well being expands nationwide and offers better high-quality entry to maternal and gynecological care,” Irem Rami, principal at Norwest Enterprise Companions and board member at Diana Well being, stated in a press release. 

MARKET SNAPSHOT

Diana Well being launched final yr with $11 million in Series A financing. On the time, the corporate introduced a collaboration with TriStar StoneCrest Medical Middle in Tennessee, part of the healthcare system HCA Healthcare. 

Within the U.S., the maternal mortality rate in 2021 elevated to 32.9 deaths per 100,000 stay births from 23.8 in 2020 and 20.1 in 2019. Researchers say technologies can improve maternal outcomes when integrated inside being pregnant care, particularly when addressing social determinants of well being, making certain high quality of care and bettering communication between sufferers and suppliers. 

A number of firms wish to provide tech-enabled choices to enhance maternal care, together with maternity telehealth platform Ouma Health, which offers mom and fetal in-home care choices to ladies on Medicaid, tech-enabled maternity clinic Millie, and perinatal and prenatal well being AI firm PeriGen.