Tia plans to use the funds to expand its collection of women's health services. Here are the top-line bullets you need to know.
Tia, a provider of virtual care and clinics for women, has raised $100M in a Series B. The round drew participation from Threshold Ventures, Lone Pine Capital, Compound, and Human Ventures, among others.
How’s the company performing?
- New York-based Tia provides in-person and online care for women based on its “Whole Woman, Whole Life” healthcare model.
- It offers services across a variety of categories, including primary care, gynecological care, mental health, and evidence-centric wellness.
- The company operates in Los Angeles, Phoenix, and New York. It plans to enter San Francisco by the end of the year.
- Tia has partnered with healthcare systems to offer specialty healthcare services.
Why does the market matter?
- The global femtech market is expected to reach a value of $50B by 2025, according to CB Insights’ Industry Analyst Consensus.
- Growing investor, government, and corporate focus on women’s health in combination with a broader focus on addressing gender disparities is driving market growth.
- In 2020, women’s health companies raised nearly $1.7B in funding across 240 deals.