On November 14, 2022, Maven Clinic, one of the largest virtual clinics in women's and family health, announced that it raised a $90 million Series E funding round led by General Catalyst, with participation from CVS Health Ventures, La Famiglia, and Intermountain Ventures, as well as existing investors Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital. This brings Maven's total funding to $300 million and highlights the growing demand for women's and family health services globally. Wilson Sonsini Goodrich & Rosati advised Maven Clinic on the transaction.
Maven will use this new funding to continue to invest in personalization across its platform to drive meaningful outcomes in both commercial and Medicaid populations, enhance localization of resources to meet the cultural and country-specific needs of its global members, and increase depth of support across all family and reproductive health life stages.
The Wilson Sonsini team that advised Maven Clinic on the transaction included Megan Baier, Catherine Riley Tzipori, Abi Riddle, Alyson Tseng, and Casey Anderson.
For more information, please see Maven Clinic's press release.