What is Elvie?
Elvie is a specialized health technology company that designs and manufactures innovative devices for pelvic floor training. By integrating patented force and motion sensors, the company provides users with real-time data and feedback, effectively bridging the gap between clinical-grade medical diagnostics and consumer-accessible wellness tools. Based in London, Elvie has established itself as a leader in the femtech space, focusing on evidence-based solutions that empower women to manage their health through intuitive, connected hardware. Its market position is defined by a commitment to rigorous engineering and a user-centric design philosophy that has disrupted traditional approaches to pelvic health.
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 Westerly Winds, IPGL, and Hiro Capital
Other Financing Round (2024): $12M, investors not publicly disclosed
Key Investors in Elvie
Hiro Capital
A founder-led venture capital firm based in Europe that invests in the future of humanity through technology, focusing on AI, robotics, and next-generation computing.
IPGL
A private holding company that partners with experienced management teams to build fast-growing businesses and develop industry leaders over the long term.
Octopus Ventures
One of the UK's largest providers of specialist tax-efficient investments, focusing on venture capital trusts and supporting high-growth potential businesses.
What's next for Elvie?
With the infusion of this latest capital, Elvie is well-positioned to accelerate its product development roadmap and expand its international footprint. The company is expected to focus on deepening its technological moat by enhancing its sensor capabilities and potentially diversifying its portfolio of health-tech offerings. As the femtech industry matures, Elvie's strategic focus will likely shift toward scaling its distribution channels and strengthening its presence in key global markets. By maintaining its focus on high-impact, data-driven health solutions, the firm is poised to remain a dominant force in the intersection of consumer electronics and medical wellness.
See full Elvie company page
