Femtech Startup Funding 2025-2026

In our femtech market deck, you will find everything you need to understand the market
SUMMARY
This report analyzes publicly disclosed equity and equity-like rounds raised by pure-play femtech companies between August 2025 and July 2026. We kept disclosed rounds of $300K or more and only included companies focused on women’s reproductive or female-specific health needs.
Over this period, the femtech market recorded 27 disclosed deals across 27 unique companies. Together, these rounds raised $445.53M.
The femtech market is active by deal count, but still modest in venture scale. Only two rounds reached $50M or more, and only one round exceeded $50M.
Capital is concentrated at the top. The largest deal represents 22.45% of total funding, the top 3 deals represent 44.09%, and the top 10 represent 82.38%.
The median round size is $8.00M, while the average is $16.50M. That gap shows how a few larger rounds lift the market total above the typical financing level.
Hormonal Health Platforms lead by capital raised, with $169.56M and 38.06% of disclosed funding. Fertility Care Platforms follow with $133.73M and 30.02%.
Fertility Care Platforms, Hormonal Health Platforms, and Women’s Primary Care each produced 6 deals. The deal-count picture is more balanced than the dollar picture.
North America dominates the femtech market, with 17 deals and $326.55M raised. That equals 62.96% of deals and 73.29% of disclosed capital.
The stage mix is split between new company formation and proven scale-ups. Early-stage rounds raised $172.98M, while Series C and Series D+ rounds raised $176.00M.
Repeat investors remain mostly specialist or thesis-driven. Overwater Ventures, Emmeline Ventures, Coyote Ventures, Portfolia, Rogue Women’s Fund, Zeal Capital Partners, and ARTIS each appear more than once.

This market map, featured in our femtech market deck, highlights top companies and startups in the femtech market
What are all the funding deals in the femtech market from August 2025 to July 2026?
The table below lists every disclosed equity or equity-like round raised by pure-play femtech companies between August 2025 and July 2026. We count as pure-play femtech companies those focused on menstrual and cycle health, fertility and contraception, pregnancy and postpartum, menopause, pelvic and sexual health, and clinically oriented tools for conditions that predominantly or uniquely affect women.
Each row shows the company, what it does, its category, the deal date, the funding stage, the round size, the region, the main investors, and the announcement source. For a wider view of the opportunity, we cover it in our Femtech market report.
| Company | What they do | Category | Date | Stage | Deal size | Region | Main investors | Source |
|---|---|---|---|---|---|---|---|---|
| Gameto | Stem-cell-derived reproductive health therapies for IVF and ovarian biology | Fertility Care Platforms | Aug 2025 | Series C | $44M | North America | Overwater Ventures; Portfolia | PR Newswire |
| BoobyBiome | Breast-milk microbiome preservation and infant nutrition products linked to breastfeeding and postpartum care | Pregnancy Care Solutions | Sep 2025 | Seed | $3.25M | Europe | Empirical Ventures | Empirical Ventures |
| Conceivable Life Sciences | AI-powered automated IVF laboratory platform | Fertility Care Platforms | Sep 2025 | Series A | $50M | North America | ARTIS Ventures | Forbes |
| Seven Starling | Virtual maternal mental health care focused on fertility, pregnancy, postpartum, and early parenthood | Pregnancy Care Solutions | Sep 2025 | Unknown | $8M | North America | Rogue Women’s Fund; Zeal Capital Partners | Femtech Insider |
| BeSound | Breast imaging platform for dense breast tissue and younger women | Women’s Primary Care | Sep 2025 | Seed | $6.8M | North America | Overwater Ventures | Wilson Sonsini |
| Visana Health | Virtual-first medical home for women across gynecologic, hormonal, and chronic care needs | Women’s Primary Care | Sep 2025 | Series A | $24M | North America | Not disclosed | Business Wire |
| SheMed | Personalized digital women’s healthcare platform focused on hormonal and metabolic health | Hormonal Health Platforms | Oct 2025 | Unknown | $46.44M | Europe | Not disclosed | EU-Startups |
| Pluro Fertility | Fertility and IVF partnership platform for specialist clinics in India | Fertility Care Platforms | Oct 2025 | Series A | $14M | Asia-Pacific | Bessemer Venture Partners | Moneycontrol |
| Emm | Smart menstrual cup and connected app for objective cycle and menstrual-flow tracking | Menstrual Health Tools | Nov 2025 | Seed | $9M | Europe | Not disclosed | TechCrunch |
| Feminai | AI-powered wearable device for at-home breast cancer screening | Women’s Primary Care | Jan 2026 | Seed | $6M | Middle East | Not disclosed | Femtech Insider |
| Pee Safe | Women’s hygiene and wellness products, including feminine hygiene and toilet hygiene | Menstrual Health Tools | Jan 2026 | Series C | $32M | Asia-Pacific | OrbiMed | YourStory |
| Pinky Promise | AI-led women’s digital clinic for gynecological, menstrual, sexual, fertility, pregnancy, and PCOS care | Women’s Primary Care | Jan 2026 | Seed | $1M | Asia-Pacific | Rebalance Angel Community | Entrackr |
| Midi Health | Virtual care platform for perimenopause and menopause | Hormonal Health Platforms | Feb 2026 | Series D+ | $100M | North America | Not disclosed | Femtech Insider |
| Malama Health | Medicaid-first, doula-led pregnancy and postpartum care platform | Pregnancy Care Solutions | Mar 2026 | Seed | $9.2M | North America | Coyote Ventures | Malama Health |
| Flourish Care | Maternal healthcare platform offering in-person and virtual doula support | Pregnancy Care Solutions | Mar 2026 | Seed | $5.7M | North America | Rogue Women’s Fund; Zeal Capital Partners | Femtech Insider |
| Prickly Pear Health | AI-powered women’s brain health platform focused on menopause-related cognitive and emotional symptoms | Hormonal Health Platforms | Mar 2026 | Seed | $0.6M | North America | Emmeline Ventures | PR Newswire |
| myStoria | AI-plus-human care coordination platform for fertility and reproductive health patients | Fertility Care Platforms | Mar 2026 | Seed | $1.625M | North America | Not disclosed | myStoria |
| Coral | Virtual clinic for women navigating perimenopause, menopause, and midlife hormonal health | Hormonal Health Platforms | Mar 2026 | Unknown | $2.92M | North America | Not disclosed | Yahoo Finance |
| ONTO Health | AI-enabled, physician-led fertility and longevity care provider | Fertility Care Platforms | Apr 2026 | Series A | $20M | North America | ARTIS Ventures; Humania | VCA Online |
| Osteoboost Health | FDA-cleared prescription wearable for low bone density in postmenopausal women | Hormonal Health Platforms | Apr 2026 | Unknown | $8M | North America | Emmeline Ventures; Portfolia | Femtech Insider |
| Future Fertility | AI-powered oocyte assessment tools for IVF, egg freezing, and donor egg programs | Fertility Care Platforms | Apr 2026 | Series A | $4.1M | North America | Not disclosed | EIN Presswire |
| HealthFab | Reusable menstrual hygiene and period-care products | Menstrual Health Tools | May 2026 | Series A | $2.1M | Asia-Pacific | Atomic Capital; Coyote Ventures | Entrackr |
| Rejoni | Uterine-health biomaterial therapy designed to reduce intrauterine adhesions after surgery | Pelvic Care Devices | Jun 2026 | Unknown | $25M | North America | FemHealth Ventures | CHV |
| Clair Health | Noninvasive continuous hormone-monitoring wearable for women | Hormonal Health Platforms | Jun 2026 | Seed | $11.6M | North America | Not disclosed | Axios |
| Ovum | AI-powered women’s health platform for symptom logging, diagnosis support, and female-specific health data infrastructure | Women’s Primary Care | Jun 2026 | Seed | $4M | Asia-Pacific | Not disclosed | SmartCompany |
| Intu Diagnostics | Lab-free HPV testing cartridge for cervical cancer screening | Women’s Primary Care | Jun 2026 | Unknown | $1.19M | Europe | Not disclosed | Tech Funding News |
| Materna Medical | Pelvic health devices, including labor-and-delivery device designed to protect pelvic floor during vaginal birth | Pelvic Care Devices | Jun 2026 | Unknown | $5M | North America | Not disclosed | Business Wire |

In our femtech market deck, we identify pain points entrepreneurs should prioritize
OUR METHODOLOGY TO BUILD THIS TRACKER
We built this femtech funding tracker by reviewing every publicly disclosed equity or equity-like round raised by pure-play femtech companies between August 2025 and July 2026. A company counts as pure-play when more than 80% of its activity is dedicated to women’s reproductive health, female-specific care pathways, or conditions that predominantly or uniquely affect women.
We applied four filters to build the dataset. First, we only included equity or equity-like rounds, so grants, debt facilities, acquisitions, and undisclosed financings are excluded. Second, we only counted rounds of $300K or more. Third, we only kept pure-play femtech companies. And fourth, every entry had to be confirmed by a direct company announcement, a press release, or a tier-1 media report, with the source URL preserved for every row.
The final dataset contains 27 disclosed deals across 27 unique companies, and every average, median, share, and concentration ratio is computed on that disclosed sample. Privately raised rounds that were never publicly announced are necessarily missing, which is a known limitation of any public-only femtech funding tracker.
How active has fundraising been in the femtech market?
As of July 2026, fundraising in the femtech market has been active by deal count but moderate by total capital. Over the past 12 months, the dataset includes 27 disclosed equity or equity-like deals and $445.53M raised.
That equals an average of 2.45 deals per month, with a median of 2.00 deals per month. The market therefore shows regular activity, not just one isolated funding burst.
Monthly capital is less stable. The average month produced $40.50M, but the median was $39.00M, and February 2026 alone contributed $100.00M through Midi Health.
The strongest deal-flow months were September 2025, March 2026, and June 2026, each with 5 deals. Those months show that activity is spread across the period, even if dollars remain spiky.
For a deeper view of the companies behind this activity, see our femtech market report.
How concentrated has fundraising been in the femtech market?
As of July 2026, fundraising in the femtech market has been meaningfully concentrated at the top. Over the past 12 months, the largest deal accounted for 22.45% of all disclosed capital.
The top 3 deals accounted for 44.09% of total funding, while the top 5 reached 61.15%. This means more than half of all capital came from only five companies.
The top 10 deals accounted for 82.38% of total funding. That is a strong signal that the femtech market’s dollar story is shaped by a small number of large clinical or platform rounds.
This concentration matters because the deal-count picture looks more balanced. A reader should separate the number of funded companies from the dollars captured by the biggest winners.
How much of the femtech funding signal is driven by outliers?
As of July 2026, the femtech funding signal is partly driven by outliers, but not entirely dependent on them. Over the past 12 months, total capital was $445.53M, and capital excluding rounds above $50M was $345.53M.
Midi Health’s $100.00M Series D+ is the clearest outlier. It alone represents 22.45% of total disclosed capital and materially changes the optics of hormonal health and late-stage funding.
Only two rounds reached $50M or more: Midi Health at $100.00M and Conceivable Life Sciences at $50.00M. The market therefore has some scaling evidence, but not a deep pool of megarounds.
The median round size of $8.00M is the better reading of typical market conditions. The $16.50M average is useful, but it is lifted by a few larger financings.

This chart, included in our femtech market deck, shows how Flo Health is capturing share in femtech
Is the femtech market broad with many targets, or narrow with few fundable companies?
As of July 2026, the femtech market looks broad by category coverage but still narrow by scaled venture outcomes. Over the past 12 months, the dataset includes 27 deals across 27 unique companies.
No company raised twice in the disclosed sample, which means visible activity is distributed across different teams. That is a different pattern from markets where repeat fundraisers dominate deal count.
However, dollars remain narrow. The top 10 deals captured 82.38% of all capital, so many companies raised small or mid-sized rounds while a few platforms captured most investor conviction.
The category spread is real. Fertility Care Platforms, Hormonal Health Platforms, and Women’s Primary Care each produced 6 deals, showing that the femtech market is not only a fertility market.
Is femtech mostly an early-stage formation market or a late-stage scaling market?
As of July 2026, the femtech market is balanced between early-stage formation and selective late-stage scaling. Over the past 12 months, early-stage rounds raised $172.98M, while Series C and Series D+ rounds raised $176.00M.
Early stage, defined as pre-seed, seed, and Series A, represented 38.83% of total capital. That shows strong company formation across fertility, maternal care, diagnostics, and women’s primary care.
Late stage represented 39.50% of total capital, but came from only a few known larger rounds. Midi Health and Gameto are especially important to this part of the market.
The unknown-stage bucket is also large, with 7 deals and $96.55M. That means the femtech market still has uneven disclosure standards, especially compared with more mature venture categories.
We break down this stage mix further in our market report on femtech funding.
Which categories attract the most investor attention in femtech?
As of July 2026, Fertility Care Platforms, Hormonal Health Platforms, and Women’s Primary Care attract the most investor attention by deal count. Over the past 12 months, each category produced 6 disclosed deals.
By capital raised, Hormonal Health Platforms lead the femtech market. The category raised $169.56M, equal to 38.06% of all disclosed funding.
Fertility Care Platforms ranked second by dollars, with $133.73M and 30.02% of total capital. Together, hormonal health and fertility captured 68.08% of all disclosed funding.
Women’s Primary Care is active but less capital-intensive. It matched the leaders with 6 deals, yet raised only $42.99M, equal to 9.65% of total capital.

This chart, included in our femtech market deck, shows annual funding in femtech startups
Which categories attract disproportionately large checks in the femtech market?
As of July 2026, Hormonal Health Platforms attract the most disproportionately large checks in the femtech market. Over the past 12 months, the category captured 38.06% of capital from only 22.22% of deals.
Its capital share to deal share ratio is 1.71, the highest in the dataset. Midi Health’s $100.00M round is the main driver, but SheMed and Clair Health also support the category’s scale signal.
Fertility Care Platforms also punch above their deal share. The category captured 30.02% of capital from 22.22% of deals, giving it a ratio of 1.35.
Pregnancy Care Solutions and Women’s Primary Care show the opposite pattern. They have meaningful deal activity but lower average check sizes, which suggests investors are still testing care models and reimbursement depth.
Which geographies matter most for fundraising in the femtech market?
As of July 2026, North America matters most for femtech fundraising by both capital and deal count. Over the past 12 months, North America produced 17 deals and $326.55M raised.
That equals 62.96% of all deals and 73.29% of total disclosed capital. North America’s capital share is higher than its deal share, which means its rounds are larger on average.
Asia-Pacific ranked second by deal count, with 5 deals and $53.10M raised. Europe ranked second by capital, with $59.88M raised across 4 deals.
The Middle East appeared through one deal, Feminai’s $6.00M seed round. Latin America and Africa had no qualifying disclosed pure-play rounds in this dataset.
For more context on regional opportunities, see our deeper analysis of the femtech market.
Is the femtech opportunity set broad or concentrated in one hub?
As of July 2026, the femtech opportunity set is broad in health needs but geographically concentrated in one leading hub. Over the past 12 months, North America held 73.29% of disclosed capital.
North America also held 62.96% of deals, which makes it the only region with both breadth and scale. Its average deal size was $19.21M, above Europe and Asia-Pacific.
Europe has a smaller but visible role. Its 4 deals raised $59.88M, helped by SheMed and Emm, and its average round size reached $14.97M.
Asia-Pacific shows more formation than scaling. It produced 5 deals but a median deal size of $4.00M, suggesting more local-market and consumer-health activity than large global platform financing.

This chart, included in our femtech market deck, compares the main business model options for menopause telehealth platforms
Is femtech a market of small experiments or scaled financings?
As of July 2026, femtech is still more a market of small and mid-sized financings than a market of scaled megarounds. Over the past 12 months, 19 of 27 deals were below $20M.
The largest bucket was $5M to $20M, with 10 deals. Another 9 deals were below $5M, showing that much of the femtech market is still in formation mode.
There were 6 deals between $20M and $50M and 2 deals of $50M or more. That distribution shows selective scaling, not broad late-stage liquidity.
The median deal size was $8.00M, which is the cleanest read on the typical round. The market has visible winners, but the average company is still raising modest capital.
We cover the size distribution in more detail in our full market deck on femtech.
Who are the investors that appear the most in femtech fundraising?
As of July 2026, the most frequent femtech investors are mostly specialist, women’s health-focused, or thesis-driven funds. Over the past 12 months, several investors appeared in more than one disclosed deal.
Overwater Ventures appeared in Gameto and BeSound. Emmeline Ventures appeared in Prickly Pear Health and Osteoboost Health, while Coyote Ventures appeared in Malama Health and HealthFab.
Portfolia appeared in Gameto and Osteoboost Health. Rogue Women’s Fund and Zeal Capital Partners both appeared in Seven Starling and Flourish Care.
ARTIS appeared in Conceivable Life Sciences and ONTO Health, linking two fertility-related platform bets. FemHealth Ventures appeared around Rejoni and broader women’s health investor participation where disclosed.
One caveat matters: announcements usually disclose round size, not each investor’s check. Investor frequency is therefore more reliable than dollar contribution by investor.

This chart, featured in our femtech market deck, illustrates how revenue is divided among customer segments in the femtech market
INSIGHTS
The insights below come from reviewing every disclosed equity or equity-like round in the femtech market between August 2025 and July 2026. They are not row-by-row summaries. They are the reusable patterns that kept showing up across the 27-deal dataset, and they are meant to help readers evaluate future femtech funding announcements.
The femtech market looks active, but still narrow by investable scale. Twenty-seven disclosed deals produced $445.53M, yet only two rounds reached $50M or more. That means the market has breadth, but only a few companies currently attract large institutional checks.
Hormonal Health Platforms are the clearest capital magnet in the dataset. They represent 38.06% of dollars from only 22.22% of deals, giving the category the strongest capital intensity signal. Menopause, midlife care, and hormone monitoring are moving from overlooked needs into venture-backed care categories.
Fertility remains the second major institutional category in femtech. It captured 30.02% of capital and 22.22% of deals. Investors like fertility because IVF, egg freezing, and reproductive workflows already have defined buyers and high-value care pathways.
Women’s Primary Care shows broad experimentation but weaker dollar conviction. It matched fertility and hormonal health with 6 deals, but captured only 9.65% of capital. Whole-woman care is strategically attractive, but harder to underwrite at scale.
Pregnancy Care Solutions have a strong access and outcomes story, but not yet a large capital story. The category produced 14.81% of deals and only 5.87% of dollars. That suggests investors are still testing service models, Medicaid economics, and postpartum care delivery.
The top 10 deals account for 82.38% of all capital. This makes the femtech market highly concentrated even though the deal count appears distributed. Any funding headline should be checked against which companies actually drove the dollars.
Midi Health’s $100.00M Series D+ changes the whole market picture. It accounts for 22.45% of total capital and makes hormonal health look much larger. Without it, the market still functions, but the scale signal is less dramatic.
The median round size is $8.00M, while the average is $16.50M. That gap confirms a skewed market where a few scaled platforms hide a much smaller typical financing environment. The median is the better baseline for future comparisons.
Seed is the most frequent stage, but not the main dollar engine. Seed rounds represent 33.33% of deals and only 12.83% of capital. Femtech has strong company formation, but only selected companies graduate into large checks.
Late-stage dollars are almost equal to early-stage dollars, but they come from very few rounds. Series C and Series D+ rounds raised $176.00M, while early-stage rounds raised $172.98M. This means the market has both new formation and a small number of proven scale-ups.
The unknown-stage bucket is unusually large. It represents 25.93% of deals and 21.67% of capital. That shows femtech financing still lacks the disclosure consistency of more mature venture markets.
North America dominates both breadth and scale. It accounts for 73.29% of capital and 62.96% of deals. Its capital share exceeds its deal share, which confirms that North American rounds are larger on average.
Asia-Pacific shows more local-market formation than large global financing. It produced 18.52% of deals but only 11.92% of capital. The region appears active, but its rounds are generally smaller.
Europe has fewer deals, but a higher average round size than Asia-Pacific. SheMed and Emm lift the region’s capital profile despite limited deal count. Europe’s femtech signal is therefore selective rather than broad.
Device and diagnostics companies raise clinically meaningful but not huge rounds. Rejoni, Clair Health, Osteoboost Health, BeSound, Feminai, Intu Diagnostics, and Materna Medical sit mostly between $1.19M and $25M. These companies show clinical seriousness without megaround-level financing.
The strongest validation signals appear in fertility, pelvic care, breast imaging, cervical screening, and postmenopausal bone health. These areas tie product claims to measurable medical endpoints. That makes them more defensible than broad wellness or coaching propositions.
Broad AI women’s health navigation remains a weaker evidence class. Smaller rounds suggest investors are still waiting for proof through clinical workflows, payer traction, or regulatory-grade evidence. App downloads alone are not enough to establish durability.
Menstrual Health Tools mix two very different investor logics. Emm is a sensor and data bet, while Pee Safe and HealthFab are product and distribution bets. The same category therefore contains both venture tech and consumer commerce models.
Repeat investors are mostly category specialists or thesis-driven health investors. That suggests femtech still rewards domain knowledge more than broad generalist momentum. Investors with women’s health expertise are more likely to underwrite nuanced clinical and care-pathway risk.
The femtech market is moving from women’s wellness toward medicalization. The largest rounds are tied to clinical pathways, regulated products, diagnostics, or provider networks. Future claims should be judged by reimbursement, FDA clearance, clinical evidence, workflow integration, or proprietary female-specific data.
PR Newswire (Gameto), Empirical Ventures (BoobyBiome), Forbes (Conceivable Life Sciences), Femtech Insider (Seven Starling), Wilson Sonsini (BeSound), Business Wire (Visana Health), EU-Startups (SheMed), Moneycontrol (Pluro Fertility), TechCrunch (Emm), YourStory (Pee Safe), Entrackr (Pinky Promise), Femtech Insider (Midi Health), Malama Health (Malama Health), PR Newswire (Prickly Pear Health), VCA Online (ONTO Health), EIN Presswire (Future Fertility), Entrackr (HealthFab), CHV (Rejoni), Axios (Clair Health), Business Wire (Materna Medical)
Related blog posts
- All the funding deals announced in the femtech market
- Which companies have raised the most funding in the femtech market?
- Which companies are the most valued in the femtech market?
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