What is Elvie?
Elvie is a London-based innovator in the health technology sector, renowned for its patented pelvic floor trainer device. This sophisticated equipment utilizes a unique system of force and motion sensors to accurately measure pelvic floor muscle contractions, providing users with data-driven insights into their physical well-being. The company's commitment to leveraging technology for personal health solutions positions it as a key player in the burgeoning femtech market.
How much funding has Elvie raised?
Elvie has raised a total of $157M across 4 funding rounds:
Series A
$6M
Series B
$42M
Series C
$97M
Other Financing Round
$12M
Series A (2017): $6M with participation from AllBright and Octopus Ventures
Series B (2019): $42M, investors not publicly disclosed
Series C (2021): $97M supported by Hiro Capital, Westerly Winds, and IPGL
Other Financing Round (2024): $12M, investors not publicly disclosed
Key Investors in Elvie
AllBright
AllBright is an organization dedicated to increasing the representation of women in senior business positions by influencing decision-makers and providing solutions to gender balance issues in corporate leadership.
Octopus Ventures
Octopus Ventures is a prominent UK-based investment firm specializing in VCTs and tax-efficient solutions, managing significant assets and focusing on high-risk investment options for individual and institutional clients.
Hiro Capital
HIRO Capital is a European venture capital firm that invests in technology companies, particularly in AI, autonomy, and robotics, supporting startups from Seed to Series C stages.
What's next for Elvie?
With the recent influx of major strategic investment, Elvie is poised for accelerated growth and further product development. The substantial enterprise-level funding suggests a strategic focus on scaling operations, expanding market reach, and potentially exploring new technological frontiers within women's health. This capital infusion is expected to solidify Elvie's market leadership and drive innovation in the connected health device sector.
See full Elvie company page
