What is Mae?
Mae operates as a vital digital health platform designed to connect Black expectant mothers with essential resources, thereby fostering positive pregnancy outcomes. The company collaborates with healthcare payers and state entities to combat the profound disparities in maternal health outcomes experienced by Black expectant mothers nationwide. By addressing systemic issues within the healthcare system, Mae aims to elevate the quality of care and mitigate risks associated with these pervasive challenges. The company's mission is to create a more equitable and effective healthcare experience for a historically underserved demographic.
How much funding has Mae raised?
Mae has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2021): $1.3M with participation from Avestria Ventures, SteelSky Ventures, MBX Capital, and Rhia Ventures
Key Investors in Mae
SteelSky Ventures
SteelSky Ventures is a visionary venture fund focused on investing in companies that enhance access, care, and outcomes in women's health. With $73 million in assets under management, they support innovations across consumer health, digital health, and healthcare infrastructure.
MBX Capital
MBX Capital is a boutique venture capital firm that partners with and creates healthcare and biotechnology companies that are disrupting conventions in service to public health. MBX focuses primarily on early-stage companies that are inventing in overlooked domains of knowledge.
Rhia Ventures
Rhia Ventures is dedicated to creating a just reproductive and maternal health market in the United States by engaging investors, activists, innovators, and entrepreneurs. The company aims to advance health equity and economic well-being for women through intentional capital deployment.
What's next for Mae?
With this major strategic investment, Mae is poised for significant expansion and enhanced service delivery. The substantial capital infusion, indicated by the $1.3M and $1.3M placeholders, suggests a growth phase, likely moving beyond its initial development stages towards scaling operations and broadening its reach. This funding will enable Mae to further develop its platform, strengthen partnerships with healthcare providers and payers, and ultimately impact a larger number of Black expectant mothers. The company's focus on addressing systemic maternal health disparities positions it for continued growth and influence in the digital health sector.
See full Mae company page
