DIRS.INFO The most relevant business & tech news

Maven has expanded from a single Pilates studio to several different businesses and more than 130 commercial tenants. Through the Pilates studio, Arneson met Rocky Donati, who had recently moved to Salt Lake City from San Francisco. Back in 2013, the Pilates studio took in around $200,000 a year, the duo said. Investing in underrepresented startup founders is what motivated Kimmy and Sergio Paluch to launch the venture fund Beta Boom in Salt Lake City. "The potential I see is to fund more diverse businesses, to fund more women, to fund more people of color, and there are opportunities here."

Persons: Maven, Tessa Arneson, Arneson, Rocky Donati, Donati, Maven's, Kimmy, Sergio Paluch, Kimmy Paluch, we're, Beta Boom, Paluch, Susan Petersen, Petersen, of Jesus Christ, I've Organizations: CNBC, U.S Census Bureau, Maven, Beta, Beta Boom, of Jesus, Latter, Saints, Target Locations: CNBC's, Salt Lake City , Utah, United States, America, Salt Lake City, San Francisco, Kimmy, Utah

☆ Exclusive: Maven Clinic is swapping out its finance chiefs as the women's health unicorn looks ahead to an IPO
▼ + stars: | 2024-10-24 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Maven's chief financial officer has left the women's health unicorn one year after taking the role. AdvertisementMaven Clinic is swapping out its chief financial officers on the heels of a fresh funding round as the women's health startup inches closer to an IPO. Related storiesAs the highest-valued women's health startup, Maven is expected to be a candidate for the next wave of digital health IPOs. The startup's hopeful future exit would be a boon for the women's health market, which remains a small fraction of all healthcare funding. Wrapbook raised a $20 million funding round in September at a valuation of $750 million.

Persons: Maven, —, Kristina Campbell, isn't, Campbell didn't, haven't, Campbell, Wrapbook Organizations: Service, StepStone Group, Business, Sequoia Capital, Catalyst, Lux Capital, Oak HC, SEC

☆ Women's health startup Maven Clinic closes funding at $1.7 billion valuation
▼ + stars: | 2024-10-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024. Maven Clinic, a health-care startup for women and families, announced Tuesday that it has closed a $125 million funding round at a $1.7 billion valuation. Maven CEO Kate Ryder told CNBC she founded the company in 2014 after watching her friends struggle to find the support they needed while building their families. "Digital health is just at the very beginning," Ryder told CNBC. The company was the first U.S. startup dedicated to women's and family health to ever reach "unicorn" status, or a valuation of more than $1 billion.

Persons: Kate Ryder, Maven, Ryder, Oprah Winfrey, Mindy Kaling, Reese Witherspoon Organizations: Maven, CNBC, Maven Clinic, Microsoft, Oak HC Locations: New York

☆ The 'solar wind,' which the sun is constantly blasting over the planets, suddenly disappeared and created a void around Mars
▼ + stars: | 2023-12-14 | by ( Erin Snodgrass | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Solar wind washes over the planets, but it briefly disappeared at Mars due to an event on the sun. Normally in our solar system, the sun is constantly spewing out a stream of charged particles and magnetic fields, called the solar wind. In December 2022, though, the solar wind suddenly disappeared around Mars, and the planet's atmosphere swelled by thousands of kilometers, as a result. An eruption on the sun swept away the solar windScientists determined that the sun had emitted a burst of high-speed solar wind, which swept away a region of the regular solar wind, leaving a void in its wake. To figure out if that's what happened, it helps to study the opposite extreme, when the solar wind vanishes.

Persons: Mars, Shannon Curry, MAVEN, Lacey Young, Curry, Owen Humphreys, NASA's MAVEN Organizations: MAVEN, Service, NASA, JPL, American Geophysical Union, Lacey Young NASA, Science, Space Station Locations: Mars, San Francisco

☆ Mike Johnson said he and his 17-year-old son use an app that alerts each other if they look at porn
▼ + stars: | 2023-11-06 | by ( Mia Jankowicz | Madison Hall | ) www.businessinsider.com time to read: +4 min

Newly-resurfaced footage shows House Speaker Mike Johnson touting an app called "Covenant Eyes." The app discourages porn use by alerting an "accountability partner" — in this case his son. AdvertisementAdvertisementRecently-unearthed footage shows Mike Johnson, now the Speaker of the House, promoting an app that enables "accountability" between him and his son over any porn use. "Covenant Eyes is the software that we've been using a long time in our household," he said. Johnson said he wasn't making any money off the Covenant Eyes app, saying: "I'm endorsing it because I'm a user."

Persons: Mike Johnson, It's, Lamar Odom, —, Johnson, ake, lear Organizations: NBA, Service, Cypress Baptist Church Locations: Benton, Cypress

Amazon, the United States' second-largest employer, will now offer fertility and family planning services to employees through a partnership with Maven Clinic. The free offering will be available to more than 1 million eligible Amazon employees spread across 50 countries outside of the U.S. and Canada. The addition of Amazon to the company's partnership portfolio means an increase of about 7% in patients under Maven's care. The continued challenges around reproductive health care in the U.S. highlights why there has been strong corporate interest in partnering with Maven. What's more, a survey by Maven revealed that 71% of companies are considering adding or have added reproductive health benefits in the wake of the decision.

Persons: Maven, Oprah Winfrey, Mindy Kaling, Natalie Portman, Reese Witherspoon, Roe, Wade Organizations: Maven Clinic, Amazon, Maven, OB, CNBC Disruptor, CVS Health Ventures, Intermountain Health's VC, Microsoft, L'Oreal Locations: United States, Canada, America, U.S

☆ Digital health's funding slump isn't a death sentence. Here's what startups are doing to stand out to investors.
▼ + stars: | 2023-02-13 | by ( Rebecca Torrence | Blake Dodge | ) www.businessinsider.com time to read: +5 min

It's getting harder for digital-health startups to get investor attention. Fewer digital-health startups are fundraising, and the ones that are will be held to higher standards than before, investors told Insider. This year, a smaller group of digital-health startups is beginning to stand out. "It's been amazing to watch what this business has accomplished," she told Insider. Quantum is already earning enough to fund itself, Zane Burke, the CEO of Quantum, told Insider.

☆ Inside digital health's reckoning, where once-hot startups are suddenly scrambling for cash
▼ + stars: | 2023-01-31 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

Analysts and CEOs told Insider more than half of healthcare startups will shut down by 2024. Healthcare startups looking to stay afloat have been laying off employees left and right. The online pharmacy Truepill burned through its cash as it struggled to fill prescriptions efficiently, two former employees told Insider. A spokesperson for Truepill told Insider in an email that the company's burn rate was in line with its projections. Courtesy NOCDWhile the broader economic pressures will hurt many startups that can't raise, it may help others, experts told Insider.

☆ Women and family health startup Maven raises $90 million for post-Roe v. Wade world
▼ + stars: | 2022-11-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +3 min

Maven, the women and family health startup, has raised $90 million in a new fundraising round, and in a tough environment for venture funding. Maven reached unicorn status last August in a $110 million round right before the bottom dropped out of the tech sector. Maven has benefitted from greater focus on women's health, particularly since the Supreme Court overturned Roe V. Wade. Global family benefits growth and Medicaid are two areas that Maven is prioritizing with the new funding. The family benefits will build off of the virtual platform that grew during Covid and include new features for Maven Wallet, the company's financial reimbursement platform.

Search resuls for: "Maven's"

9 mentions found