Maven Clinic, the world’s largest virtual clinic for women’s and family health, has secured $125 million in Series F funding, led by StepStone Group. Existing investors, including General Catalyst, Sequoia, Oak HC/FT, and others, also participated. This brings Maven’s total funding to over $425 million. The new capital will be used to enhance Maven’s end-to-end platform, expand its fertility and family health solutions, and drive AI-powered care personalization.
Transforming Women’s Healthcare
Maven Clinic offers the only global benefit covering the entire reproductive lifecycle—from family planning and pregnancy to parenting and menopause. The platform serves over 2,000 clients in 175 countries, including companies like Amazon, Microsoft, and L’Oréal. CEO Kate Ryder emphasized Maven’s mission to reshape healthcare for women and families, saying, “With each member supported, we prove that to build better healthcare for everyone, we must first build it for women and families.”
Fertility and Family Building Solutions
A significant focus of this funding will be on Maven’s fertility platform, Maven Managed Benefit (MMB). MMB integrates care and coverage in a single solution, providing fertility education and support for couples trying to conceive. It has grown to become the largest fertility benefits provider globally. With the new investment, Maven plans to enhance MMB’s capabilities to provide even more personalized care and improve outcomes for members.
Expanding Care Across the Platform
Maven is also expanding its maternity, parenting, and menopause programs. The Maternity & Newborn Care program has set new standards for prenatal and postpartum care, driving better health outcomes and cost savings. The Parenting & Pediatrics program, launched during the COVID-19 pandemic, has grown to cover over 3 million lives and supports parents facing complex challenges. The Menopause & Midlife program, Maven’s fastest-growing global offering, addresses midlife health, including chronic conditions, mental health, and career satisfaction.
Investing in AI and Value-Based Care
Maven plans to further invest in AI to enhance care delivery and efficiency. By harnessing artificial intelligence, Maven can automate administrative tasks and personalize care for members. The company will also use this funding to strengthen its value-based maternity care partnerships, expanding its Medicaid presence and improving pregnancy outcomes for underserved populations.
Partner at StepStone Group, Seyonne Kang, praised Maven’s innovative approach: “Maven has repeatedly proven that women’s healthcare can be intuitive, technology-first, and high-quality for every customer. We look forward to seeing Maven continue reimagining healthcare for families.”
