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Menopause Femtech Elektra Health Raises $3.75 Million

August 20, 2021 BeautyMatter
August 20, 2021
Anton Maksimov Juvnsky via Unsplash

NYC-based femtech start-up Elektra Health raised $3.75MM in seed funding.

WHO: Founded in 2019 and led by Alessandra Henderson, co-founder and CEO, and Jannine Versi, co-Founder & Chief Operating Officer, Elektra Health is a health tech company that aims to support women in the US navigating menopause with evidence-based education, virtual care, and community programming. The company offers its proprietary "Meno-morphosis" program, currently in private beta, featuring evidence-based pathways for managing symptoms, as well as community cohort support and 1:1 access to a dedicated menopause expert.

WHY: The company intends to use the funds to grow the team and to expand its integrative, evidence-based solution to millions of women in the US and beyond.

IN THEIR OWN WORDS: "We are all about caring for women by providing content, education, care, coaching and counseling, especially working in the arc of their journey," Versi said. "This is such an intimate topic, but we have referral rates of 40% where women are talking about it themselves and then bring a friend along. Sustaining that is important to us. We are seeing clusters of friends come along and really bond with the community."

DETAILS:

  • Elektra Health raised a $3.75 million seed round of funding.
  • The round was co-led by Alexis Ohanian's Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and angels including Hannah & Guy Raz, Claire Diaz-Ortiz, Jenny Fielding, and others.
  • To date, 1,800+ women have participated in Elektra's programming.
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