Plume, a startup focused on virtual care for transgender patients, raised $24 million in Series B funding.
The round was led by Transformation Capital, with participation from General Catalyst and Town Hall Ventures. The investment comes about a year and half after the company announced a $14 million Series A, Mobi Health News reports.
Plume offers digital gender-affirming care, including prescriptions to hormone therapy like estrogen or testosterone, video consultations with providers, lab orders and analysis, support groups and medical letters of support for surgery or name and gender marker changes. In most states, the startup’s membership costs $99 a month.
Plume plans to use the capital from the Series B to expand nationwide, move into virtual primary care and add insurance coverage for the company’s services. Read more.
