Women’s healthcare company Herself Health has raised $26 million in a Series A funding round. The company, which caters to women aged 65 and above, claims to address the unique social and medical challenges faced by women as they age. The investment, led by Michael Cline of Accretive and joined by Juxtapose, brings the total investment in the company to $33 million.
Founded in 2022, Herself Health takes a holistic approach to patient care, considering factors such as mobility, mental health, social and behavioral well-being, and quality of life. The company aims to distinguish itself by providing care that encompasses the full range of a patient’s health and wellness, and this includes personalized care plans and female-focused services that address health and wellness issues unique to women, such as bone health and aspects of mental health heart health, brain health and social isolation.
“Women 65+ face unique health and social challenges as they age, and for far too long, their concerns, needs, and desires have been ignored,” said Kristen Helton, CEO of Herself Health. “That’s why we are designing Herself Health to be the value-based solution to improve outcomes and help women find joy, purpose, and better quality of life.”
Through interviews with over 700 women aged 65 and above, Herself Health uncovered the need for tailored primary care services. The research also highlighted that women in this demographic are more susceptible to osteoporosis, autoimmune diseases like arthritis, Alzheimer’s disease, misdiagnoses, and inadequate heart disease diagnoses and treatments.
“Herself Health is addressing a long-neglected segment of the population with thoughtful, differentiated primary care services,” said Michael Cline of Accretive. “This approach has the potential to fundamentally change the way women 65+ across the United States experience health care and start a long overdue conversation about the unique health and wellness needs these women have.”
Herself Health currently operates a clinic in St Paul, Minnesota, but intends to use the funding to significantly expand its presence over the next 18 months. The company plans to launch two additional clinics in the broader Minneapolis-St Paul region in 2023 and aims to open more clinics based on patient demand within the next 18 months.
Furthermore, Herself Health intends to expand its digital and in-person care offerings, including virtual consultations for follow-up visits and engagement with patients who are located far from the physical clinic. The funding will also support the expansion of Herself Health’s team of physicians, nurses, and medical assistants, enabling the recruitment and training of new talent.