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Home AlleyTalk #NYCTech

This Women Focused Telemedical NYC Startup Just Raised $2.2M

AlleyWatch by AlleyWatch
This Women Focused Telemedical NYC Startup Just Raised $2.2M
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Katherine Ryder

Maven is a new health and wellness platform giving women access to every type of health or wellness provider she could ever need, on demand, via video. And let’s face it: when someone needs medical attention in the family, who ends of taking care of it?

Maven makes it easy to book video appointments with highly-vetted doctors, nurse practitioners, nutritionists, lactation consultants, doulas, physical therapists, or mental health providers– and get a prescription filled quickly.

Founder Katherine Ryder talks about her game-changing telemedical platform.

Who were your investors and how much did you raise?

This was our seed round and investors include Great Oaks Venture Capital, The Box Group, Female Founders Fund, Matt Mullenweg and Susan Lyne.

Tell us about your product or service.

Maven is a new health and wellness platform giving women access to every type of health or wellness provider she could ever need. Book on-demand video appointments with highly-vetted doctors, nurse practitioners, nutritionists, lactation consultants, doulas, physical therapists, or mental health providers– and get a prescription filled quickly, get specialized support, or just find peace of mind on health issues that are giving you worries.

What inspired you to start the company?

KR_Headshot_cropped1
Katherine Ryder

Lots of unmet needs in this area—particularly around prenatal and postpartum care. Plus, more generally, women make the disproportionate number of healthcare decisions in the US. So this is a tool to make life a bit easier.

How is it different?

Lots of unmet needs in this area—particularly around prenatal and postpartum care. Plus, more generally, women make the disproportionate number of healthcare decisions in the US. So this is a tool to make women’s lives a bit easier when it comes to managing health & wellness for themselves and their family.

Which is the most frequently-requested specialist?

Nurse practitioner and lactation consultant so far

What’s the most commonly-asked question, that you’ve heard so far?

Advice on fertility and/or managing pregnancy

What market you are targeting and how big is it?

Telemedicine is a large and rapidly growing industry. We hope to work with women of all ages and empower them to get better care, when they need it most

What’s your business model?

Our practitioners practice on Maven, and we take fees per appointment

What was the funding process like?

Interesting!

What are the biggest challenges that you faced while raising capital?

Not having a product yet!

What factors about your business led your investors to write the check?

Excellent team, large market, first-to-market in telemedicine for women’s health

What are the milestones you plan to achieve in the next six months?

Really help women in the prenatal and postpartum period get excellent care—particularly in New York, which is one of our core states

What advice can you offer companies in New York that do not have a fresh injection of capital in the bank?

Raise more money or look at all the crowdfunding platforms. Or reevaluate your business.

Where do you see the company going now over the near term?

Grow!

What’s your favorite NY bar in an emergency?

Scratchers

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