6 years ago
Elvie Secures $42 Million in Record-Breaking Femtech Funding Round
Elvie, a femtech company creating smarter technology for women, has raised $42 million in a Series B funding round
The investment, led by IPGL, Octopus Ventures, and Impact Ventures UK, marks the largest femtech investment to date
The funding will support Elvie's research and development, brand awareness, and distribution of its products, the Elvie Trainer and Elvie Pump.
ProblemHealthcare
"Many women face health issues that are not adequately addressed by existing healthcare products and solutions, which are often designed by men and lack a female-centric approach."
Solution
"Elvie develops smart technology solutions specifically designed for women's health needs, such as a silent wearable breast pump and a Kegel trainer, empowering women to take control of their health and well-being."