What is Mae?
Mae operates as a culturally competent digital health platform designed to connect Black expectant mothers with essential resources, aiming to foster positive pregnancy outcomes. The company collaborates with healthcare payers and state entities to confront the profound disparities in maternal health outcomes experienced by Black expectant mothers nationwide. Mae's core mission is to enhance the quality of care Black pregnant women receive and to mitigate risks stemming from systemic issues within the healthcare system. The company's focus on addressing these deep-rooted problems positions it as a vital player in the health equity space.
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 SteelSky Ventures, MBX Capital, Avestria Ventures, and Rhia Ventures
Key Investors in Mae
SteelSky Ventures
SteelSky Ventures is a venture fund dedicated to investing in companies that improve access, care, and outcomes in women's health, managing $73 million in assets and supporting innovations across digital health and healthcare infrastructure.
MBX Capital
MBX Capital is a boutique venture capital firm that partners with and creates healthcare and biotechnology companies focused on disrupting conventions in service to public health, particularly in early-stage companies.
Rhia Ventures
Rhia Ventures aims to create a just reproductive and maternal health market by engaging investors and entrepreneurs, focusing on advancing health equity and economic well-being for women through intentional capital deployment.
What's next for Mae?
With the recent infusion of major strategic investment, Mae is poised to scale its operations and further enhance its platform's capabilities. This significant backing, part of its $1.3M in total capital, suggests a strong market validation and investor confidence in Mae's mission to address critical maternal health disparities. The company is likely to focus on expanding its reach to more healthcare payers and states, refining its resource connection algorithms, and potentially developing new features to support Black expectant mothers throughout their pregnancy journey. This strategic financing will be instrumental in driving innovation and achieving greater impact in underserved communities.
See full Mae company page
