US-based Diana Health has secured $55m in a Series C funding round led by HealthQuest Capital to expand its physical presence.
Previous investors .406 Ventures, Norwest Venture Partners, AlleyCorp and LRVHealth also joined the round.
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The proceeds will also allow Diana Health to enhance its integrated clinical programming along with its digital platform.
Additionally, the funding round includes the appointments of HealthQuest Capital principal Witney McKiernan and Maven Clinic chief medical officer Dr Neel Shah to Diana Health’s board of directors.
Diana Health collaborates with hospitals to develop women’s health programmes focused on collaboration and holistic care.
It runs nine locations in Tennessee, Florida, and Texas, with a new site opening in Jacksonville in November.
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By GlobalDataThe company pairs certified nurse-midwives with obstetricians-gynaecologists and mental health professionals, allowing providers to focus more on families and reserve complex medical interventions for necessary cases.
Diana Health co-founder and chief executive Kate Condliffe said: “We know that women achieve better outcomes—and get the experience they want—when care is holistic and centred on their voices.
“This is also the way most clinicians want to practice. By partnering with Diana Health, health systems are redesigning their models and teams around these values, creating programmes that are built to last and earning patient trust through higher-quality care.”
The US is confronting a maternal health crisis, with mortality rates twice as high as those in other developed nations, despite an annual expenditure of $111bn on maternity care.
In the past decade, more than 500 hospitals have shut down their labour and delivery units, and there is an anticipated shortage of obstetricians and gynaecologists, expected to reach 22,000 by 2050, according to Diana Health.
The company aims to address these pressures by offering proactive birth planning, comprehensive health support, and longer appointment times for obstetrical patients during pregnancy and beyond. Services include mental health services, classes, and nutritional counselling.
