Oula Raises $28M in Series B Funding

USA – Oula, a NYC-based maternity care company, raised $28M in Series B funding.

The round was led by Revolution Ventures and Maverick Ventures with participation from GV and existing investors including the Female Founders Fund, 8VC, Alumni Ventures, and Great Oaks.The company intends to use the funds to expand its technology-enabled and hybrid care approach to more markets beyond New York City and launch new services for those in their reproductive years.Led by CEO Adrianne Nickerson, COO Elaine Purcell, and Chief Experience Officer Joanne Schneider, Oula is a modern maternity clinic that brings together midwifery and obstetrics to deliver whole person care that is personalized and evidence-based to provide everyone with the support they need before, during, and after birth. Its care is powered by proprietary software the company built to complement its electronic medical records system – a patient portal that guides patient decision-making, enables messaging with the care team, and a care-management platform that ensures patient needs are coordinated between staff members.Oula accepts insurance, including Medicaid. New York City locations include 109 Montague Street in Brooklyn, 202 Spring Street in Manhattan, and a third clinic in Morningside Heights set to open in July 2024 in partnership with Mount Sinai West. 21/02/2024