Sun. Nov 27th, 2022

Ruth Health Secures $2.4M Seed Round Led by Giant Ventures to Reimagine Comprehensive Prenatal & Postpartum Care for American Women

Ruth Health, the progressive telehealth and comprehensive care platform built for women by women, raises $2.4 million in seed funding. (Photo: Business Wire)

April 28, 2022 08:05 AM Eastern Daylight Time

LOS ANGELES–(BUSINESS WIRE)–Ruth Health, the progressive telehealth and comprehensive care platform built for women by women, is proud to announce its $2.4 million seed funding round led by Giant Ventures, with participation from Citylight VC, Cleo Capital Scout Fund, Crista Galli Ventures, Duro VC, Emmeline Ventures, Gaingels, Global Founders Capital, Pentas Ventures, SOMA Capital, Techstars, Torch Capital, YCombinator, and various strategic angels. This collective investment — a rarity for ventures in the female healthcare sector — is a testament to the demand for accessible, inclusive, and comprehensive prenatal and postpartum care for American women, bringing Ruth Health’s total funding to $3.1 million.

“Pregnancy care outside of the hospital or clinic setting is critical to the wellbeing of womankind, but it’s currently fractured, variable in quality, and filled with hurtful, alienating, and misinformed stigmas”Tweet this

Through its suite of remote patient services, including pelvic floor training, lactation counseling, C-section recovery resources, intimacy and sexual support, and exercises on demand, which are performed by certified and experienced providers for pregnant or recently pregnant women, Ruth Health is bringing an outdated, historically inadequate system into the 21st century, while empowering the people who are birthing our next generations with empathy, education, and support.

“Pregnancy care outside of the hospital or clinic setting is critical to the wellbeing of womankind, but it’s currently fractured, variable in quality, and filled with hurtful, alienating, and misinformed stigmas,” said Alison Greenberg, Ruth Health’s Co-Founder & CEO. “Our mission is to make women’s healthcare an accessible, superior quality, and even joyful experience for everyone. It’s an honor to provide these long-overdue services with the women’s anatomy and experience at the center of a simple, welcoming, evidence-based telehealth platform that does not shy away from cultural taboos while elevating the female voice.”

The female-founded company boasts a cap table of primarily women, BIPOC and LGBTQ+ investors, signaling the truth that women are ready and able to develop, drive and invest in the future of their healthcare, where most of the women’s healthcare vertical has been historically defined by men. Led by founders Greenberg and Audrey Wu, Ruth Health was created to address the huge, costly gaps in American pregnancy care, as evidenced by this country’s rising maternal mortality rates and frustratingly segmented after-birth care continuum. The Ruth Health platform works as an extension of a patient’s existing primary care physician and/or OBGYN (rather than replacing them), offering birthing people the comprehensive care they need to inclusively enhance the birthing experience, improve quality of life, and accelerate holistic healing and recovery without judgment.

“Through our work, we aim to not only improve maternal health outcomes in America but to also reduce the Pregnancy Tax. Women pay steeply in time, money, and career to have babies,” said Wu. “There is no equity across gender, race, sexuality, or other factors when it comes to social determinants of health without greater access to birth workers. Meaningful, supportive, comprehensive care – both prenatal, postpartum and beyond the traditional OBGYN scope – can and must be easier and more accessible for all.”

For more information about Ruth Health, please visit https://www.ruthhealth.com/.

About Ruth Health:

Ruth Health is the progressive telehealth and comprehensive care platform that is revolutionizing women’s healthcare systems and experience for the 21st century by empowering birthing people with remote prenatal, perinatal, and postpartum support services designed by women. We deliver quick, comprehensive, evidenced-based remote counseling sessions with licensed practitioners to help the 83% of women with Pelvic Floor Prolapse post-pregnancy, the 92% who experience breastfeeding challenges, and many birthing people beyond. Using conversational data and biometric readings, we’re building the largest, most diverse maternal health database on Earth — which will help us collectively improve health outcomes for mom and baby alike. Ultimately, Ruth Health’s mission is to ensure every birthing person can be represented, feel heard, and receive the support and the services they really want/need but have not traditionally had access to. Ruth Health is based in New York City and Los Angeles.

Ruth Health’s services — Pelvic Floor Training + Recovery, C-Section Recovery, and Lactation Support — are available to birthing people anywhere in packages at http://www.ruthhealth.com.

Read more from Alison Greenberg about why Ruth Health builds for pregnancy here: https://medium.com/@alisongreenberg/why-we-build-for-pregnancy-d0e194941407

Contacts

Nicole Rodrigues
NRPR Group – for Ruth Health
nicole@nrprgroup.com

SOURCE https://www.businesswire.com/news/home/20220428005418/en/Ruth-Health-Secures-2.4M-Seed-Round-Led-by-Giant-Ventures-to-Reimagine-Comprehensive-Prenatal-Postpartum-Care-for-American-Women

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