4 years ago

Femtech Startup Elvie Secures £58M to Revolutionize Women's Health

  • London-based femtech startup Elvie has raised £58 million in a Series C funding round led by BGF, BlackRock Private Equity Partners, and a consortium including Hiro Capital and Westerly Winds

  • Existing investors Octopus Ventures and IPGL also participated

  • The funding will be used for product innovation, market expansion, and strengthening operations

  • Elvie, known for its Kegel trainer and silent wearable breast pump, aims to capitalize on the growing femtech market, projected to reach $50 billion by 2025.

      • ProblemHealthcare

      "Many women face challenges and lack adequate support in managing their health and wellness, particularly in areas like breastfeeding and pelvic floor health."

      Solution

      "Elvie provides smart and stylish technology solutions for women, including a silent wearable breast pump and an app-connected Kegel trainer, to empower them to take control of their health discreetly and conveniently."

      Covered on