Midi Health Completes $14 Million Seed Investment

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Midi Health&comma; a virtual care clinic making expert care accessible and affordable for all women experiencing the hormonal changes of midlife&comma; has completed a &dollar;14 million seed investment co-led by Felicis and SemperVirens&period; Additional investment comes from leading women&&num;8217&semi;s health investors including Emerson Collective&comma; Icon Ventures&comma; Operator Collective&comma; Muse Capital&comma; Steel Sky Ventures and Anne and Susan Wojcicki&period; Currently providing insurance covered care for patients in California&comma; Midi will leverage the new capital to expand operations nationwide and launch partnerships with some of the largest hospital systems in the country&comma; as well as major U&period;S&period; employers&period;<&sol;p>&NewLine;<p>Hormonal changes through the menopause transition cause life-altering symptoms for 57 million American women&comma; yet 75&percnt; of those who seek care don&&num;8217&semi;t get the advice and treatment they need&period; Many women struggle to find any support at all due to a worsening shortage of OB&sol;GYNs and lack of even the most basic menopause training across all specialties&period;<&sol;p>&NewLine;<p>Midi closes this midlife care gap with virtual care guided by nationally recognized physicians and researchers who oversee a network of nurse practitioners trained in women&&num;8217&semi;s midlife health&period; Midi offers evidence-based interventions ranging from lifestyle coaching and supplements to prescription medications&comma; all covered by major insurance providers&comma; including Aetna&comma; Anthem Blue Cross&comma; Blue Shield&comma; Cigna&comma; Health Net and UnitedHealthcare&period;<&sol;p>&NewLine;<p>&&num;8220&semi;There&&num;8217&semi;s a huge unmet need in our healthcare system for women at this stage in life&period; Many practitioners lack the training to manage menopausal symptoms and specialists have nine to 12-month waiting lists&comma;&&num;8221&semi; said Joanna Strober&comma; CEO and co-founder of Midi Health&period; &&num;8220&semi;We provide access to the most skilled professionals in female health&&num;8221&semi;&period;<&sol;p>&NewLine;<p>Midi&&num;8217&semi;s funding news coincides with the addition of several clinical hires with national prominence&colon; Chief Clinical Officer Mindy Goldman&comma; MD&comma; who has practiced as an OB&sol;GYN at UCSF for three decades and served as the Director of the UCSF Gynecology Center for Cancer Survivors and At-Risk Women&semi; and National Medical Director Heather Hirsch&comma; MD MS NCMP&comma; former lead physician at the Menopause and Midlife Clinic at Brigham and Women&&num;8217&semi;s Hospital&comma; the second largest teaching hospital of Harvard Medical School&period; They join Chief Medical Officer and Midi co-founder Kathleen Jordan&comma; MD&comma; former SVP of Tia women&&num;8217&semi;s health clinics&comma; in guiding Midi&&num;8217&semi;s protocols&comma; clinician training&comma; and integration with hospital systems&period;<&sol;p>&NewLine;