What is Plume?
Based in Denver, CO, Plume operates as a digital health platform dedicated to providing gender-affirming hormone therapy through a secure telehealth model. The company aims to increase access to essential care for the transgender community nationwide, addressing critical healthcare disparities. By leveraging technology, Plume offers a convenient and discreet way for individuals to receive medical guidance and prescriptions, fostering a more inclusive 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 Craft Ventures, Town Hall Ventures, General Catalyst, and Slow Ventures
Series B (2022): $24M led by Townhall Ventures, General Catalyst, and Transformation Capital
Key Investors in Plume
Craft Ventures
Craft Ventures is a venture firm comprised of former founders and operators, specializing in building great companies, particularly in the B2B technology sector. They provide valuable insights and access to senior talent for early-stage companies.
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, backing entrepreneurs pursuing ambitious visions that reshape their industries.
Transformation Capital
Transformation Capital is a growth equity fund focused on innovative healthcare IT and services companies, aiming to support businesses that are transforming the healthcare landscape.
What's next for Plume?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Plume for accelerated growth and market penetration. This capital infusion is likely to support the expansion of its telehealth services, potentially reaching more underserved populations and broadening its clinical offerings. Strategic partnerships and further technological development can be anticipated as Plume continues to solidify its role as a key player in gender-affirming care.
See full Plume company page
