Femtech Grows as VC Category

According to Wikipedia, “femtech is a term applied to a category of software, diagnostics, products and services that use technology often to focus on women’s health.” And though it may seem like a fairly narrow tech field, the past few years have seen a boom.

Ten years ago, just $23 million worth of venture capital was invested in the global femtech industry, according to PitchBook data. That figure grew modestly until 2015, when funding spiked to $334 million. In 2017, VC investors participated in 49 deals in the femtech space, totaling $354 million. And this year has already seen significantly more VC funding for companies in the industry than any year in the last decade: $391.5 million across 36 deals.

It’s for good reason, according to Frost & Sullivan data, women are 75% more likely to use digital tools for healthcare than men.

A number of investors are fairly active supporters of femtech. Here’s a look at the 13 most active VC investors in the global femtech sector since the beginning of 2008, per PitchBook, including their deal counts: 

•     Y Combinator (9) 
•     Arboretum Ventures (7) 
•     BoxGroup (7) 
•     NEA (6) 
•     Founders Fund (6) 
•     Astia Angels (6) 
•     InterWest Healthcare Partners (6) 
•     Chrysalis Ventures (5) 
•     Catalyst Health Ventures (5) 
•     Union Square Ventures (5) 
•     500 Startups (5) 
•     Correlation Ventures (5) 
•     Slow Ventures (5) 


Clare Christopher is editor of SandHill.com.


Post Your Comment

Leave another comment.

In order to post a comment, you must complete the fields indicated above.

Post Your Comment Close

Thank you for your comment.

Thank you for submitting your comment, your opinion is an important part of SandHill.com

Your comment has been submitted for review and will be posted to this article as soon as it is approved.

Back to Article