California, the U.S-based new kind of maternity clinic, Millie, raised USD 4 million in recent funding. The oversubscribed seed round took place on September 08, 2022. TMV Ventures & BBG Ventures led the financing for the firm. Meanwhile, Venn Growth Partners, Looking Glass Capital, Learn Capital, and Hustle Fund joined in the investment. The seed round saw participation from investors such as Turner Novak, Michelle Kennedy of Peanut, and Tristan Walker of Walker & Company.
Purpose of funding for Millie
The company aims to raise the bar for maternity care in the United States. It seeks to offer a collaborative care team for birthing people, including an OB-GYN, a midwife, and a doula. This, in turn, ensures that patients are supported through the physical, mental, emotional, and social changes experienced during pregnancy and parenthood.
Moreover, on September 26 2022, the company intends to open its physical clinic next to the Alta Bates Campus in Berkeley, CA. Millie wants to begin the expansion of its broad-based services. It also has plans to open more clinics in various locations.
What Millie officials have to say
Anu Sharma, Millie’s Co-founder & CEO, said, “I had endured an induction, over two days of labour, and an unplanned C-section with near-haemorrhage and, while this was the definition of a high-risk delivery, I was sent home with ‘standard’ care instructions to see my OB in six weeks. That resulted in a near miss. I spoke with Talia, my midwife at the time, and asked her, ‘If you could provide care the way you know people need, what would that look like?’ Today, I’m proud to say that we’re providing that level of attentive care through Millie.”
Besides, Amy Kane, Medical Director at Millie and OB-GYN, added, “I was born at Alta Bates, so it’s been a full-circle experience to work alongside Anu, Sarah, and Talia to build the foundation of future-shaping care right here in Berkeley. There is no doubt that Millie will be the blueprint for comprehensive maternity care nationwide. We are thrilled to provide patient-first services and make a special time in one’s life even more extraordinary.”
In addition, Talia Borgo, Millie’s Clinical Director, said, “As moms and healthcare professionals, we know firsthand the incomplete, reactive, and often over-medicalized treatment in the U.S. that leaves mothers, birthing people, and their babies very vulnerable — creating some of the worst outcomes in the high-income world. Through our acceptance of most major insurance plans and an ecosystem of culturally competent care providers that span specialities, we are committed to removing as many barriers as we can and bringing humanity back to reproductive care.”
What the investors have to add
Nisha Dua, Managing Partner and Co-Founder of BBG Ventures adds, “A new generation of American mothers is demanding more convenient, personalized, and supported care. We’re proud to back Millie in its bid to drive better and more empowered outcomes for birthing parents.”
In addition, Soraya Darabi, General Partner and Founder of TMV, said, “We are delighted to support Millie in improving maternity experiences nationwide. Working with a mission-driven brand that makes personalized, dignified care a pillar of its philosophy has been a gratifying opportunity. We’re pleased to watch expand even further.”
About the company
In 2022, Anu Sharma (Chief Executive Officer), Talia Borgo(Clinical Director), and Sarah Reynolds (Chief Technical Officer) co-founded the company. Millie operates under the clinical leadership of Amy Kane (Medical Director & OB-GYN). Millie offers guidance to people from 48 hours after a positive pregnancy test to one year postpartum. It also provides them with a collaborative, patient-centred team that spans an individual’s entire pregnancy journey.
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