Maternal wellness startup Maven hits $1 billion valuation

On Tuesday, maternal and family virtual treatment system Maven Clinic elevated $110 million in late-phase financing that vaults the company’s approximated worth to extra than $1 billion, a very first for the field of women’s and family health.

The funding was co-led by Dragoneer Investment Team and Lux Funds, with participation from BOND and existing buyers such as Sequoia, Oak HC/FT, and Icon Ventures. It delivers Maven’s full funding to extra than $200 million. The corporation also added to its roster of celeb traders with Oprah Winfrey becoming a member of the spherical, pursuing earlier backing from Mindy Kaling, Natalie Portman, and Reese Witherspoon. Maven did not disclose the volume of funding Winfrey furnished.

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