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Elektra Health has raised $7.3M across 2 funding rounds.
Key people at Elektra Health.
Elektra Health has raised $7.3M in total across 2 funding rounds.
Elektra Health is a Brooklyn, New York-based virtual healthcare platform providing telemedicine, education, and coaching services for women navigating perimenopause and menopause. The organization utilizes a holistic clinical approach that incorporates lifestyle modifications alongside integrative and traditional medical practices without directly selling specific pharmaceutical treatments. The company operates a digital community that currently serves more than 20,000 members and targets a broader demographic of 50 million women across the United States. Operating through direct-to-consumer channels and payer partnerships, the platform established the first commercial menopause-payer partnership in the country with Mass General Brigham Health Plan. The enterprise has raised over $7 million in venture capital funding to date, securing financial backing from institutional investors including 776 Fund, Flare Capital Partners, and UPMC. Elektra Health was founded in 2019 by Alessandra Henderson and Jannine Versi.
Elektra Health has raised $7.3M across 2 funding rounds. Most recently, it raised $3.3M Other Equity in February 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 21, 2024 | $3.3M Venture Round | Heffernan | Claire Diaz Ortiz, GUY RAZ, Jenny Fielding, Flare Capital Partners, Seven Seven SIX, Monica Jain, MD, Facs | Announced |
| Jun 1, 2021 | $4M Seed | Flare Capital Partners, Seven Seven SIX | Aphelion Capital, First Republic Bank, OCA Ventures, Prime Movers LAB, WestRiver Group, Alex Pattis, Curtis LEE, Varsha RAO, Claire Diaz Ortiz, GUY RAZ, Hannah RAZ, Jenny Fielding, City Light Capital, Human Ventures, January Ventures, The Community Fund, The Fund | Announced |
Elektra Health is a digital health company founded in 2019 that provides telemedicine-based care, evidence-based education, 1:1 coaching, and a private community for women navigating perimenopause and menopause.[1][3][5] It serves midlife women (primarily those aged 40+), including individuals, workplaces, and health plans like Medicare and Medicaid, addressing unmet needs such as symptom management (hot flashes, brain fog, anxiety), chronic disease prevention, and stigma reduction—where 70-80% of women report inadequate care or disruption to their lives.[2][3][8] The platform solves the menopause taboo by offering comprehensive, longitudinal support, reducing missed workdays and attrition (e.g., 44% lack workplace support), with in-network options in three states and plans for nationwide expansion.[2][3][4]
Growth momentum includes partnerships like UPMC for broader access, a team of about 40 employees, and a focus on equity through fee-for-service and insurance models, while emphasizing non-product-tied prescribing aligned with The Menopause Society guidelines.[4][5][6]
Elektra Health was co-founded in 2019 by CEO Jannine Versi and co-founder Dr. Rebecca Henderson, who identified a gap in menopause care amid abundant fertility apps but little support for the 50 million U.S. women in menopause.[1][3] Versi, driven by the underserved midlife transition shrouded in stigma, aimed to reimagine it as a powerful new chapter, while Henderson, a clinician, noted that menopause spans 7-10 years and requires more than one-off doctor visits—70% of women don't get proper physician care.[3][4]
The idea emerged from personal realizations of unmet medical needs and cultural silence, leading to a virtual clinic launch with telemedicine, personalized plans, and "menopause doulas" for ongoing support. Early traction built through evidence-based offerings, smashing taboos via education and community, evolving from conversation-starters to action with workplace programs and insurer partnerships.[2][3][4]
Elektra rides the women's health tech wave, shifting from fertility/maternity focus to midlife care amid rising awareness of menopause's impact on 2.2 million entering women yearly and economic costs like productivity loss.[2][5] Timing aligns with destigmatization post-2019 launch, accelerated by telemedicine adoption and equity pushes—e.g., 2025 emphasis on access regardless of insurance or status.[4]
Market forces favor it: 50 million U.S. women underserved, with health systems like UPMC partnering for scale; it influences the ecosystem by normalizing menopause in workplaces (countering 44% support gap), advancing preventive healthspan models, and inspiring similar platforms to prioritize longitudinal, science-driven care over quick fixes.[2][6][8]
Elektra is poised for nationwide expansion, deeper insurer/health system integrations, and broader midlife services tackling chronic risks alongside symptoms, fueled by its taboo-smashing mission and proven model.[3][4][6] Trends like AI-personalized care, workplace wellness mandates, and longevity focus will shape it, potentially amplifying influence as menopause discourse mainstreams—evolving from niche clinic to ecosystem leader ensuring midlife women thrive boldly.[1][4] This reimagining positions Elektra at the forefront of equitable women's health transformation.
Key people at Elektra Health.
Elektra Health has raised $7.3M in total across 2 funding rounds.
Elektra Health's investors include Heffernan, Claire Diaz-Ortiz, Guy Raz, Jenny Fielding, Flare Capital Partners, Seven Seven Six, Monica Jain, MD, FACS, Aphelion Capital, First Republic Bank, OCA Ventures, Prime Movers Lab, WestRiver Group.
