Maternity-focused digital well being firm Diana Health secured $34 million in Series B funding led by Norwest Ventures Partners, bringing its complete increase to $46 million. 

Existing traders LRVHealth and .406 Ventures participated within the spherical, as did AlleyCorp. 

WHAT THEY DO

The New York-based firm companions with hospitals and well being programs, providing tech-enabled OB-GYN and girls’s well being companies, together with psychological healthcare, preconception and household planning, annual effectively girl visits, wellness teaching, and digital and in-person lessons and occasions. 

Diana Health additionally deploys care groups, together with psychological well being and wellness suppliers, OB/GYNs and licensed nurse midwives. 

The firm will use the Series B funding to develop its attain nationally and develop its platform and choices. 

“The team at Diana Health has made tremendous progress to date. We look forward to bringing their solution to more communities as Diana Health expands nationwide and provides greater high-quality access to maternal and gynecological care,” Irem Rami, principal at Norwest Venture Partners and board member at Diana Health, mentioned in a press release. 

MARKET SNAPSHOT

Diana Health launched final 12 months with $11 million in Series A financing. At the time, the corporate introduced a collaboration with TriStar StoneCrest Medical Center in Tennessee, part of the healthcare system HCA Healthcare. 

In the U.S., the maternal mortality rate in 2021 elevated to 32.9 deaths per 100,000 reside births from 23.8 in 2020 and 20.1 in 2019. Researchers say technologies can improve maternal outcomes when integrated inside being pregnant care, particularly when addressing social determinants of well being, guaranteeing high quality of care and enhancing communication between sufferers and suppliers. 

Several corporations want to provide tech-enabled choices to enhance maternal care, together with maternity telehealth platform Ouma Health, which supplies mom and fetal in-home care choices to ladies on Medicaid; tech-enabled maternity clinic Millie; and perinatal and prenatal well being AI firm PeriGen.