What is Plume?
Based in Denver, CO, Plume operates at the intersection of healthcare technology and advocacy, providing essential gender-affirming hormone therapy through a convenient telehealth model. The company addresses a critical need within the trans-community by offering accessible, inclusive, and expert-led medical care nationwide. Plume's innovative approach leverages digital platforms to overcome geographical barriers, ensuring that individuals can receive the care they need regardless of their location. This focus on accessibility and specialized care positions Plume as a leader in a rapidly evolving healthcare landscape.
How much funding has Plume raised?
Plume has raised a total of $38M across 2 funding rounds:
Series A
$14M
Series B
$24M
Series A (2021): $14M with participation from Slow Ventures, General Catalyst, Craft Ventures, and Town Hall Ventures
Series B (2022): $24M led by Townhall Ventures, General Catalyst, and Transformation Capital
Key Investors in Plume
General Catalyst
General Catalyst is a venture capital firm that supports transformational business opportunities across multiple sectors and stages, focusing on backing ambitious entrepreneurs and management teams.
Craft Ventures
Craft Ventures is a venture firm specializing in B2B technology, comprised of former founders and operators who provide valuable insights and access to senior talent for early-stage companies.
Town Hall Ventures
Town Hall Ventures partners with founders addressing long-standing healthcare challenges for underserved communities, focusing on innovative solutions in areas like school-based mental health and rural healthcare.
What's next for Plume?
With its recent major strategic investment and a substantial overall funding base of $38M, Plume is poised for accelerated growth and enhanced service delivery. The company is likely to focus on expanding its clinical team, refining its telehealth infrastructure, and potentially broadening its service offerings to encompass a more comprehensive suite of gender-affirming care. Strategic partnerships and continued technological innovation will be key to solidifying its market position and reaching a wider demographic. The enterprise-level backing suggests a trajectory towards scaling operations significantly and potentially exploring new markets or service lines to further its mission.
See full Plume company page
