Visana Health, a virtual women’s health clinic, announced the close of a $10.1 million seed funding round co-led by Flare Capital Partners and Frist Cressey Ventures.
The company plans to use the funds to hire additional clinicians and make technology investments in its platform that is licensed in 50 states.
Visana has no immediate plans to open brick-and-mortar clinic locations or to market its services directly to consumers, co-founder and CEO Joe Connolly said. Instead, the company will market its services to health plans and self-funded employers, he said.
The company joins a growing number of women’s health-focused companies securing recent funding rounds. But experts say the space remains underfunded.
Maven, another virtual clinic specializing in women’s and family health, has a direct-to-consumer offering in addition to its employer and health plan business. The company raised $90 million in a Series E funding round in November, which brought its total funding to $300 million.
Tia, a women’s health-focused concierge company that also offers a direct-to-consumer membership, received $100 million in venture capital funding in September 2021.