Caraway Health , which focuses on women studying at university, received a seed investment of 10.5 million dollars . The $10.5 million seed investment round was led by 7wireVentures and OMERS Ventures. Hopelab Ventures and angel investors participated in the investment tour of the New York-based company.
The initiative is defined as a remote patient monitoring platform that focuses on providing mental, mental, physical and reproductive health services to university women. Launched by Jordan Nathan, Caraway aims to provide personalized, equitable and accessible healthcare. Users can access the online treatment and care services of the company, which was founded in 2018, 24 hours a day, 7 days a week. It has a team of gynecologists, psychiatrists, family medicine practitioners, and therapists.
It is a huge unexplored area in the femtech market, which doubled its investments in 2021. The market is expected to triple its growth to $65 billion in the next five years. In particular, companies working on the mental, mental and physical health of young women have recently attracted the attention of many investors.
At the beginning of this year, Mantra Health, operating in the same field, received an investment of 22 million dollars. Alpha Medical, which focuses on primary health care, announced that it received an investment of $ 24 million last year. In the same year, Tia was also on the agenda with an investment of 100 million dollars.
Last March, Alife Health attracted attention with an investment of $22 million . The investment round was led by Lux Capital, Union Square Ventures and Maveron. This comes one year after the US-based startup’s $9.5 million investment last year.