Google Ventures leads Midi Well being’s $25M Collection A spherical

Summarize this content material to 1000 phrases Midi Well being, a digital care clinic for ladies 40 years and above, introduced it closed a $25 million Collection A funding spherical led by GV (Google Ventures), bringing the corporate’s whole increase to $40 million.
Frederique Dame and Cathy Friedman of GV joined present traders Operator Collective, 25M, Semper Virens, Felicis and Icon.
WHAT THEY DO
The California-based firm gives digital care guided by a community of nurse practitioners overseen by physicians and researchers. Midi additionally gives interventions from life-style teaching to prescription treatment. 
The corporate will use the capital to increase its attain nationwide, aiming to have a presence in all 50 states by January 2024. It would additionally use the funds to launch new partnerships with hospital programs and U.S. employers. 
“Midi has seen significant traction since its launch and takes an modern strategy to handle an unmet want for practically half the worldwide inhabitants,” Dame, normal companion at GV, mentioned in an announcement. “Midi’s world-class govt and advisory group has a long time of scientific and healthcare experience and a imaginative and prescient for personalised, inexpensive, and accessible midlife care. GV is proud to again Midi as they modernize perimenopause and menopause care for ladies all over the place.”
MARKET SNAPSHOT 
Final 12 months, Midi Well being raised $14 million in seed funding. 
In August, advantages administration firm Progyny introduced its employer shoppers in all 50 states would have the choice to supply perimenopause and menopause care to their workers due to its partnerships with Midi Well being and fellow ladies’s well being firm Gennev.  
One other firm providing digital care choices to menopausal ladies is telehealth startup Evernow, which scored $28.5 million final 12 months to increase its workforce, member neighborhood and choices.