ImpactAlpha, July 15 – Los Angeles-based Mahmee, a digital support network for new mothers, attracted investors with varying inclusion, impact and growth theses for its $3 million seed round.
ArlanWasHere Investments, Arlan Hamilton’s project with Mark Cuban, led the round. Serena’s Williams’ Serena Ventures, Cuban and Steve Case’s Rise of the Rest Seed Fund also participated.
The U.S. is one of the most dangerous places in the developed world to give birth, with women of color bearing an outsized burden of deaths and serious harm. The U.S. healthcare industry lacks the tech infrastructure needed to connect maternal health professionals to each other and to follow and monitor patients in the system, says Mahmee’s Melissa Hanna. “Mahmee is the glue that connects the care ecosystem and closes the gaps.”
Mahmee’s online dashboard connects mother and baby’s health histories, monitors patients with “maternity coaches” and raises any issues with doctors and caregivers. “I believe that it is absolutely critical right now to invest in solutions that help protect the lives of moms and babies,” said Serena Williams, who has backed more than 30 diverse and impact startups.
Added Rise of the Rest’s Mary Grove, “There is a massive unmet opportunity to improve maternal and infant outcomes by leveraging both personalized care and tech infrastructure at scale.”
Previous investors in the startup include Cross Culture Ventures, Acumen America, the Helm, Backstage Capital, Bumble Fund, and others.