U.K.-based Contraception review platform The Lowdown has raised $2.5M in seed funding led by Speedinvest, who are joining joining existing investors Nina Capital, Calm/Storm VC, Entrepreneur First and four Atomico Angels.
The Lowdown was founded by by Alice Pelton after suffering debilitating side effects from her contraception throughout her twenties. 78% of the 1 billion people worldwide who use contraception, experience side effects.
Founder & CEO Alice Pelton explains: “The Lowdown’s success speaks to how underserved women are worldwide when it comes to understanding and navigating things like their contraceptive options. Everything we do is about listening to women and building what they want, because very few companies are really listening.”
The fresh funds will be used to invest in commercial and product hires and to expand the company’s community-first proposition across Europe.