Twentyeight Health, a digital-first women’s healthcare platform operating in 43 U.S. states, announced a $10 million Series A funding round led by Seae Ventures. The round included participation from Impact America Fund, The Social Entrepreneurs’ Fund, RH Capital, Impact Engine, Gratitude Railroad, and Townhall Ventures, bringing the company’s total funding to $25 million.
The company also announced new partnerships with Medicaid insurers Aetna, AmeriHealth, and Molina. Following the November 5th presidential election, the platform reported increased user engagement, including a 52% increase in overall conversion, 10% increase in website traffic, and doubled emergency contraception sales.
“45% of American women seeking reproductive health services face significant challenges in accessing care, especially the 19 million living in contraceptive and maternity care deserts where options are few,” said Bruno Van Tuykom, CEO and Co-Founder of Twentyeight Health. “Our new funding and payer partnerships will bridge this gap, helping women receive the essential care they need, regardless of geography, income, race, age, or coverage status. At an inflection point for women’s health, we are prepared to meet the moment by continuing to invest in our user experience and expanding our reach nationwide to deliver a real solution to a growing problem.”
The platform, which launched in 2018, reports that half of its users earn less than $20,000 annually. Through its payer partnerships, Twentyeight Health can often provide care with no copay and no prescription costs. The company’s services include birth control options, abortion pills, emergency contraception, herpes treatments, pregnancy tests, condoms, menstrual products, and prenatal vitamins.
Recent growth metrics indicate that Twentyeight Health surpassed 100,000 users in October 2024, supported by a partnership with Converge in Mississippi and patient asset acquisitions from SimpleHealth and a portion of The Pill Club. The platform serves a diverse user base: three in five users are considered underserved, two in five do not see a Primary Care Provider outside the platform, and nearly three in five identify as people of color. Prior to using Twentyeight Health, 65% of users did not have access to birth control.
Arianne Kidder, Partner at Seae Ventures, commented on the investment: “Raising $10 million in this economic climate is no small feat, reflecting both the resilience and relevance of Twentyeight Health’s mission. With Medicaid spending $200 billion annually on women’s health for reproductive age women, we see real potential in the company’s platform and approach. But this isn’t just about the market opportunity; it’s about backing a company tackling an urgent problem in a smart, scalable, quality-driven way. As the team makes meaningful strides in increasing access to essential services, we’re confident Twentyeight Health will continue standing out as a leader in digital-first women’s healthcare.”
