HomeCanadaHyivy Health Raises $2M in Seed Funding

Hyivy Health Raises $2M in Seed Funding

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Hyivy Health, a Kitchener, ON, Canada-based FemTech pelvic health startup, raised $2M in Seed funding.

The round was led by Zcube – Zambon Research Venture with participation from Beresford Ventures, FACIT, Women’s Equity Lab, and the founding partner of Chai Ventures.

The company intends to use the funds to expand operations and its business reach.

Led by CEO and Founder Rachel Bartholomew, Hyivy Health is creating rehab devices for women with pelvic based cancers and diseases. Its approach serves as a medical connective bridge between patients and healthcare professionals to provide pelvic and gynecological benchmarking/baselining, real-time monitoring, and therapeutic intervention through the clinician software portal, all while the patient uses its device and patient app from the comfort of home.

Hyivy Health’s alpha launch is slated for the U.S., with the last year and a half dedicated to unlocking existing reimbursement models to provide effective and affordable care. Starting in California with over 25 clinics in their pipeline, the company is continuing to recruit gynecological and pelvic floor physiotherapy clinics in the state of California to adopt this first-of-its-kind solution.

FinSMEs

02/10/2024

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