Femtech Startups Nearly Double Funding Dollars YoY

Digital health startups in the U.S. serving women and other people with female biology raised $1.3 billion through August 2021, nearly doubling 2020’s full-year total of $774 million, according to a new report by Rock Health, Mobi Health News reports. 

Rock Health is calling this market segment women+ health, describing tools that relate to cisgender women’s health needs as well as the needs of transgender and nonbinary people who may access similar care.

Although 2021’s $1.3 billion is the most funding dollars recorded in the women+ space, it still only makes up 5% of digital health funding overall since Rock Health began tracking in 2011. So far, women+ funding accounts for 7% of this year’s digital health deals, below the record of 11% in 2019. Read more.

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