Eli raises $12M in Series A funding led by BDC Capital’s Thrive Venture Fund to launch Hormometer, a real-time hormone monitor, with support from Muse Capital and TELUS Global Ventures.
PRIVATEJun 12, 2025
Amount Raised
$12 Million
Round Type
Series A
Montreal
Investors
Muse CapitalTelus Global VenturesBDC Capital’s Thrive Venture Fund
Description
Eli, a health technology company, announced it has raised $12M in Series A funding to scale its vision for real-time hormone monitoring led by BDC Capital’s Thrive Venture Fund. The new capital will be used to bring the Hormometer™, the world’s first instant hormone monitoring system, to millions of people. This brings the company’s total funding to $20M, addressing a gap in personalized health. Hormones play a critical role in overall health, and Eli's solution provides necessary real-time insights.
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Company Information
Company
Eli
Location
Montreal, Quebec, Canada
About
Eli is a women's health company on a mission to improve lifelong health through continuous hormone monitoring. Hormones impact physical and mental health every day and at every stage of life. Eli offers real-time insights from hormones in saliva that can be tracked continuously over time, unlike traditional testing methods or send-out tests that only provide a single snapshot.
With just three simple steps, Eli's at-home technology provides women with personalized hormone profiles to make informed decisions about their health. Eli is filling a data gap to transform how women manage their hormonal health in key areas like menopause, fertility, contraception, and endocrine conditions.
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Montreal