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Caraway Secures Series A Funding To Fundamentally Change How Gen Z Experiences Healthcare

Jun 20, 2023over 2 years ago

Round Type

series a

New YorkFood And BeverageRetailFashionE Commerce

Investors

Omers VenturesThe Venture CollectiveIngeborg InvestmentsWellington Access VenturesHopelab Ventures7wire VenturesGvMaveron

Description

Caraway, a digital healthcare company for Gen Z, announced a series of milestones and expansions to fundamentally change how Gen Z experiences healthcare. To advance the development of its Gen Z care platform and scale its services, Caraway today announced $16.75M in Series A funding. The round is led by Maveron, investor in consumer-only and early-stage companies, and GV. Returning investors include 7wireVentures and Hopelab Ventures, with new participation from Wellington Access Ventures, Ingeborg Investments and The Venture Collective

Company Information

Company

Caraway

Location

New York, United States

About

Caraway is a digital healthcare company for Gen Z providing mental, physical & reproductive healthcare services, all in one place. Caraway's experienced care team delivers 24/7 access to integrated, evidence-based care tailored to 18-29 year olds. In response to an unprecedented need for mental health resources and new barriers and persistent inequities in women's health, Caraway built an inclusive care platform that is instantly accessible, always available, comprehensive, and equitable. Caraway's services are designed for and centered around women and individuals who were assigned female at birth (AFAB), and personalized for all, so members can get the care they need when they need it. Caraway's healthcare services are available via its mobile app in the Apple App Store and on Google Play. For more information, visit us at Caraway.health and follow us on LinkedIn, Twitter, Instagram and TikTok.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers