US-based Diana Health has secured $11m in Series A funding round for redesigning maternity and women’s health programmes at hospitals.
The funding round was co-led by LRVHealth and .406 Ventures and also saw participation from existing investor AlleyCorp.
Diana Health plans to use the investment to open first locations this year, as well as further expand its technology platform, while positioning itself for a quick growth in 2023 and beyond.
Working directly with the hospital leadership, the company will develop their women’s health programmes by combining a tech-enabled, individualised care experience with a clinical redesign of labor and delivery.
Diana Health co-founder and CEO Kate Condliffe said: “The care we receive as women, particularly during pregnancy and birth, has the potential to impact population health across generations while building lifelong connections between a family and their healthcare provider.
“Traditional care models can make it challenging for providers to embrace this opportunity. That’s why we are completely restructuring care programs to provide engaging, whole health support that will drive meaningful change in the lives of women and families.”
With this investment, .406 Ventures partner Payal Divakaran and LRVHealth Principal Ellen Herlacher joined Diana Health’s Board of Directors.
Additionally, Diana Health collaborated with HCA Healthcare’s TriStar StoneCrest Medical Center.
As part of this collaboration, Diana Health plans to open its first physical location as well as launch its first end-to-end maternal care programme in Smyrna, Tennessee.
TriStar StoneCrest CEO Louis Caputo said: “By working together to support our maternity colleagues and our patients, we enhance outcomes for both mother and baby, offer more personalized delivery options and provide healthier tomorrows to every mother and baby.
“Diana Health does this through a new model of care that elevates quality and helps us to become the destination for women looking for a modern, individualised care experience in our community.”