UK-based femtech startup The Lowdown has raised a $800K pre-seed round to built out its community based contraception and women’s health platform. The round was led by Calm/Storm Ventures with participation from Nina Capital and angel investors. Entrepreneur First followed on from their initial investment in 2020.
Since its founding in 2019 The Lowdown has built an engaged community around its mission to be the best place on the planet for the 1 billion people who use contraception to find the right method for them. Today the company’s contraception review platform counts 5000 review on every method and brand of contracpetion available in the UK. The Lowdown has recently expanded its offer and now offers in-house consultation and a prescription delivery service.
`The Lowdown Founder Alice Pelton explains: “We are closer to women’s lived experiences of contraception than any other organisation in the world. This privileged position, coupled with the trust that we have built with our community, will help us transform this complicated and underfunded space.”
Michael Ströck, Founder & Managing Partner at Calm/Storm Ventures said “With very little capital, The Lowdown has grown an engaged user base who are desperately looking for a solution. Choosing and accessing contraception is a universal problem, and we know Alice and the team have the ability to change millions of lives with their unique, community based approach.”
Marta Gaia Zanchi, Founder & Managing Partner at Nina Capital adds “Alice is a very special founder. We have come to deeply admire her determination, thoughtfulness, and grit. This mission-driven CEO is a force to be reckoned with and will give this frustratingly fragmented, inadequate, elusive market for contraception methods the much needed shake up.”