Millie, a California-based maternity clinic, founded by Anu Sharma, has secured $12 million in Series A funding from investors including RH Capital, TMV, and Melinda French Gates’ Pivotal Ventures. This latest round brings the company’s total funding to nearly $19 million.
Sharma was inspired to launch the company after the birth of her daughter in 2019. Despite being the daughter of a doctor, she encountered pregnancy complications and noticed symptoms that medical professionals overlooked. That eventually drove her to create the maternity clinic she wished had existed during her own journey to motherhood.
Launched in 2022, Millie offers a holistic approach to maternity and gynecological care, integrating postpartum coaching, mental health support, and nutrition counseling. The clinic accepts all major insurance plans and offers both in-person and virtual care, enhanced by a tech-driven platform with patient monitoring tools. Competing with Quilted Health and Oula, Millie differentiates itself with a hybrid model.
“What makes Millie unique is our hybrid model which combines in-person care at our clinics with virtual visits, remote monitoring, and a proprietary app,” said Sharma. “We do this with a capital efficient model, increasingly powered by AI-enabled workflows, in collaboration with payors and health system partners.”
Notably, Millie’s cap table is exclusively composed of female-led investment firms. The newly raised funds will fuel the company’s expansion across California, enhance its technology offerings, and grow its network of healthcare collaborators.
