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- The Year of the Femtech Showdown
One week back at work and 2023 is coming in hot!
We foresee many foundational changes to come this year—recasting the femtech industry with hope, innovation, and deep expansion worthy of its $1 trillion global market valuation for 2027. Whether it be watching conservative states like Kentucky expanding its access to abortion to increasing M&A activity in a downturn market, this will only further embed the future we are all working for: a future where healthcare, wellness, and consumer products are based upon well-researched and funded outcomes to provide personalized and democratized access for women and underserved communities.
It goes without saying that AI is the expected capability for any company going forward and we will continue to see more women entrepreneurs entering new femtech areas, driving the industry gravitas into 2024. Depth of scientific knowledge will continue being sought to bring richness, context, and effective options by leading femtechs (e.g. State of the Pelvic Floor Report by Origin or clinical trial results of Semaine Health's Menopause supplements).
2023 is a year of promise, research, and execution with us BETTING BIG ON ALL OF YOU. To put our money where our mouth is you can expect a further expansion of venture partnership growth, enhancing our Femtech Salon event series, collaborating with new quality consumer brands in our boxes and building intimate relationships with ecosystem partners to make that future a reality across US high growth cities.
We are proud that our Top 10 Femtechs of 2023 POV is dropping at the end of the month—in collaboration with Adam Saks (Google) and Eric Malzone (Future of Fitness) as part of their wider Top 50 Startups to watch for in 2023. Follow our IG or LinkedIn for the announcement!
With conviction and solidarity,
Rachael & Aljolynn
Get That Runway
Lolita Taub's tweet prompted us that with Mayor Eric Adams's commitment in making NYC a center of women's health, New York City Angels are investing + Jason Yeh's (formerly of Greycroft) list of 418 investors who led rounds over $1M will be useful this year. If you want to test your pitch, Dream Ventures are offering free strategy sessions here.
Connect With Us
In Person
1/21 Free Day of Indulgence at Equinox in West LA to support Oya Femtech Apparel (open to everyone)
1/27-1/28 MedFuel Family Office Investment Healthcare Event to pitch or connect with investors in the digital health and medical devices companies space at BioscienceLA
Virtual
2/1 Fundraising soon? Actively work with Amiah Sheppard (formerly of Backstage Capital) to sharpen that pitch in our session and get free 20 min 1:1 review
ICYMI
A heart to heart with Ande Lyons on the Startup Live podcast
Talking My Comma and Femtech Salon on Espree Devora's We Are LA Tech podcast with guest host, Dave Whelan of BioscienceLA
Paying It Forward
What better way to highlight women empowerment, health, and leadership than 8 strong women leaders scaling Mt. Kilimanjaro for cancer? Support this inspiring team in raising $80K for the Fred Hutch Cancer Center by Feb 1, 2023. “There are no glass ceilings at 19,000 ft!”
TLDR about Fred Hutch…
Home to the Women’s Health Initiative, the longest-running study on diseases affecting women and the Women's Wellness Clinic, a wellness-focused follow-up care for gynecologic or breast cancer survivors post-treatment with nutritional, fitness, and emotional support
Leads the nation in gender parity percentages for women in leadership
Partners with Girls Who Code and hosts a year-long after-school club for high school aged (grades 10-12) girls to provide mentoring and support to the next generation of women in science and technology