Maternal health startup Cayaba Care has earned $ 12 million in a series A round led by C Ventures and Capo Capital.
Other participants in the round include Wellington Partners, City Impact Fund and Rhea Ventures. Founded in 2020, Kayaba Care Launched in August with $ 3.2 million seed funding.
What does this mean?
The startup works with local providers and obstetricians to provide home-based or virtual support services for pregnant patients. They can join themselves or be referred to Kayaba, where they have set up a care navigator who can coordinate behavioral healthcare, breastfeeding support, social services and emergency care.
“We’ve created a home-based expansion of practice, and to bring our staff members – we call them maternity navigators – to help patients address some of their clinical needs at home, which is a social determinant. Health needs and behavioral health needs in their community. In, “says Dr. Olan Soremekun, CEO and co-founder of Cayaba Care MobiHealthNews.
What is it for?
Kayaba plans to use the investment to recruit more staff, improve its technology platform and expand into new markets. The company is currently operating in Philadelphia and New Jersey.
Considering the startup a new city, Soremekun said Kayaba seeks to build partnerships with obstetricians and other providers, as well as funders and the local health department.
“I think we always start with the population. We actually spend a lot of time being local to understand those needs, to meet the key stakeholders. I’ve only spent time in Mississippi and Jackson, and we’ve met mom, the OB provider, Medicaid. The agency, “he said.
“And so there’s a real commitment to actually understanding the needs of those communities. Once we realize that our solution fits really well, the next step in the process is to align the real partners.”
Snapshots of the market
Maternal care in the United States Backwards from other rich countries, resulting in bad results for mothers. According to the CDC, 861 women died of maternity deaths in 2020, compared to 754 in 2019. Maternal mortality rate is almost three times higher for black women than for white women
Serious maternal illness, or the consequences of labor and childbirth that have significant short-term or long-term effects on maternal health, There was an increase of about 200% between 1993 and 2014, mainly driven by the need for blood circulation.
Other technology-enabled organizations working to improve maternal health services include Mahmi, which has announced a $ 9.2 million Series A last week; BabyScript, which added another $ 7.5 million to its Series B in November; And Ovia Health, which was purchased last year by diagnostic giant Labcorp.
“We started this journey two years ago. We acknowledged that there was a need,” Soremekun said. “I think the investments that are happening in maternal health are just a recognition that we’ve invested less in such an important, critical life event for a significant portion of the population.”