Unified Ladies’s Healthcare acquires menopause care platform Gennev

Unified Ladies’s Healthcare, a well being administration firm targeted solely on girls, introduced its acquisition of Gennev, a digital menopause care supply platform. The monetary phrases of the deal weren’t disclosed. 

Seattle-based Gennev, beforehand often called Genneve, supplies menopause sufferers personalised remedy by means of its community of OB-GYNs, well being coaches and registered dietitians.

The Florida-based firm will add Gennev to its portfolio of women-focused companies, together with Ladies’s Well being USA, a apply administration companies firm for the ladies’s sector; fertility remedy and science firm CCRM Fertility; The Femmina Group, an organization providing over-the-counter merchandise for girls present process hormonal modifications; and Lucina, a maternity analytics platform geared toward bettering start outcomes.

“The Gennev platform will develop Unified’s purpose to ship higher outcomes and an enhanced affected person expertise all through all moments and milestones in a lady’s healthcare journey,” Bob LaGalia, Unified Ladies’s Healthcare president and CEO, stated in a press release. 

“This strategic funding in Gennev will permit Unified to offer important care to girls nationwide, and complement the companies now delivered by our 2,500 affiliated girls’s healthcare suppliers throughout 900 areas all through america.”

THE LARGER TREND

Although there are fewer menopause care corporations in contrast with startups targeted on reproductive-age points, a 2021 report by consulting and analysis agency Frost & Sullivan argued shifting to untapped market areas can be a key issue to the femtech sector’s progress.

Menopause-focused telehealth startup Evernow, which matches customers to a clinician who helps construct a personalised remedy plan primarily based on the affected person’s well being historical past, garnered $28.5 million in Collection A funding in April. 

In February, menopause startup Bia Care, an organization connecting girls to menopause specialists by means of group consultations, introduced its expanded partnership with the NHS to ship a digitally-enabled girls’s well being clinic.