What You Ought to Know
- The Milestone: Midi Health has raised a $100M Sequence D, propelling its valuation over $1 billion. This “unicorn” standing marks a pivotal second for the ladies’s well being sector, which has traditionally been underfunded.
- The Pivot: Whereas based on menopause care, Midi is utilizing this capital to increase into “lifelong care,” addressing gaps in cardiology, weight problems, and longevity for ladies.
- The Scale: The platform now serves 25,000 sufferers per week and covers 45 million girls through insurance coverage. To handle this quantity, Midi is deploying an AI engine to automate chart evaluation and scientific choice assist.
From Level Answer to Platform
Essentially the most important facet of this announcement isn’t just the valuation, however the scope. Midi is transitioning from a “menopause firm” to a “lifelong care platform.”
The financial drivers for this are clear. Two million U.S. girls enter menopause yearly, and untreated signs price the economic system an estimated $25B a 12 months. Nevertheless, the well being points don’t cease at scorching flashes. Midi is increasing its scientific remit to incorporate cardiology, weight problems, autoimmune survivorship, and longevity.
By capturing the affected person throughout perimenopause and retaining them via complicated power care administration, Midi is constructing a “longitudinal” relationship—the holy grail of digital well being retention.
AI on the Velocity of 25,000 Visits a Week
Scaling a specialist medical observe to a nationwide degree normally breaks the operational mannequin. Midi is at the moment seeing greater than 25,000 sufferers per week. To deal with this quantity with out burning out clinicians, the corporate is leaning closely on AI.
Midi’s proprietary AI engine is getting used to:
- Personalize Care: AI-powered chart evaluation tailors the affected person journey earlier than the physician even joins the video name.
- Streamline Operations: Automating triage and documentation to cut back the “pajama time” (after-hours charting) for suppliers.
- Refine Protocols: Mining one of many business’s largest datasets on midlife girls to gas analysis and enhance outcomes.
Appoints Jason Wheeler as CFO
To handle this hyper-growth, Midi is importing govt expertise from the tech elite. The corporate introduced the hiring of Jason Wheeler as CFO—a veteran with management roles at Tesla and Google. Alongside new CMO Melissa Waters (ex-Meta/Lyft) and CCO Matt Cook dinner, the manager bench is being fortified for a possible IPO path.
“That is validation for the motion we’re main,” mentioned Joanna Strober, co-founder and CEO of Midi Well being. “Ladies’s well being has been handled like an afterthought for too lengthy.”
