Alloy, a new telehealth company addressing the healthcare needs of women over 40, raised $3.3 million in a seed funding round from venture studio Kairos HQ and PACE Healthcare Capital, as it prepares to launch later this year.
The world population of menopausal and postmenopausal women is projected to reach 1.2 billion by 2030, with 47 million new entrants each year. The issue Alloy seeks to alleviate is two-fold: 75% of women who seek treatment for menopausal symptoms leave their physician’s office untreated, while over 80% of gynecologists self-report lacking the training to treat these women. Read more.
