#United States #New York #Series A Funding #Twentyeight Health #women's healthcare

Twentyeight Health Secures $10M in Series A Funding

In a groundbreaking development for women's healthcare, Twentyeight Health, a digital-first platform, has secured $10 million in Series A funding to enhance reproductive care accessibility across 43 states. This funding round was spearheaded by Seae Ventures along with key contributions from several investors including Impact America Fund, RH Capital, and Gratitude Railroad. With this new infusion of capital, the company aims to address the barriers many women face when seeking essential healthcare services.

Twentyeight Health's efforts are particularly crucial considering that 45% of American women seeking reproductive health services encounter significant obstacles in accessing care, especially those living in contraceptive and maternity deserts. The surge in interest for their services has been remarkable, particularly following the recent presidential election, which led to a 52% increase in user sign-ups and a doubling of emergency contraception sales.

Bruno Van Tuykom, CEO and Co-Founder of Twentyeight Health, emphasized the importance of this funding, stating, > "Our new funding and payer partnerships will bridge this gap, helping women receive essential care regardless of geography, income, race, age, or coverage status.” Dennis further highlighted that since the company’s inception in 2018, Twentyeight Health has focused on providing reproductive and sexual health services to women in underserved communities.

Comprehensive Services for All Women

Twentyeight Health offers a range of services that include:

• - Family planning resources
• - Access to various birth control options
• - Abortion pills and emergency contraception
• - Sexual health treatments like herpes medication
• - Affordable prenatal vitamins and menstrual products

These services are particularly designed keeping in mind the accessibility challenges faced by their users, as nearly three in five users identify as people of color, and about half fall below a $20,000 annual income

Moreover, Twentyeight Health has established partnerships with major Medicaid insurers including Aetna, AmeriHealth, and Molina to further extend their services to those reliant on Medicaid. The platform's ability to provide care often comes with $0 co-pay and $0 prescriptions, thereby alleviating financial burdens faced by many women.

Growing Impact and Future Goals

Since its expansion to 43 states from just two in 2018, Twentyeight Health has garnered over 100,000 users across America. The ongoing partnerships with healthcare providers and other organizations aim to solidify the platform's commitment to making healthcare more inclusive and accessible. The company has already made significant strides by providing digital healthcare consultation away from typical barriers such as geographical distance and high costs associated with traditional healthcare.

With ambitious plans to develop further healthcare options over the next year, Twentyeight Health is on track to becoming a leading player in digital-first women’s healthcare solutions. Their approach not only addresses healthcare needs but also empowers women by providing them with the necessary resources and support for their reproductive health.

The successful funding and the strategic collaborations point to a promising future for Twentyeight Health as it aims to redefine the healthcare landscape for women across the nation.

In conclusion, the urgency of improving women’s health services has never been more apparent, and with significant backing, Twentyeight Health is poised to meet these needs through innovative and accessible care solutions.