a year ago

Elvie Secures £9.6 Million in Funding to Fuel Growth and Innovation

  • Elvie, a UK healthtech startup specializing in women's health products like a breast pump and pelvic floor trainer, has raised £9.6 million from existing investors

  • This brings Elvie's total funding to $136 million since its founding in 2013

  • The company plans to use the new funds for innovation, development, and market expansion

  • Despite facing challenges in 2022, including revenue growth slowdown and restructuring, Elvie remains a strong player in the femtech sector

  • The company has achieved significant milestones, including getting its pelvic floor trainer reimbursed by the UK's NHS and expanding its market presence in North America, Europe, and China.

      • ProblemHealthcare

      "Women often face difficulties with their health, particularly in areas like breast pumping and pelvic floor training. Existing solutions are often clunky, uncomfortable, and stigmatized."

      Solution

      "Elvie develops smart, discreet, and user-friendly products for women's health, including a breast pump and pelvic floor trainer, that are designed to empower women and improve their well-being."

      Covered on