The news: There were two buzzworthy developments in the femtech space closing out last week and starting off this week.
1. Women’s virtual care startup Tia partnered with UCSF Health to open a new clinic in the Bay area, per Fierce Healthcare. This marks Tia’s second partnership with a major health system. Its first was with CommonSpirit Health in 2021.
2. Femtech startup Ruth Health scored $2.4 million in seed funding, per HIT Consultant. It’s using the haul to build out its telehealth-powered comprehensive care platform for women.
A prediction we got right: Women’s health is becoming a big area of focus for digital health this year—as we forecasted last year.
Market snapshot: Digital health players are adding femtech solutions to their digital health suites. Meanwhile, femtech startups are seeing major gains in funding, business, and membership.
The majority of femtech boom activity has happened in the last year. Here are some of the most notable deals, per our tracking:
The big takeaway: Women's health is still in its early stages of digital health transformation and has a ton of expansion potential. We see more employers and payers tap femtech startups to move the needle on comprehensive, equitable care.
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