With $110 million and a boost from Oprah, maternal health startup Maven hits $1 billion valuation

On Tuesday, maternal and family virtual care platform Maven Clinic raised $110 million in late-stage financing that vaults the company’s estimated value to more than $1 billion, a first for the field of women’s and family health.

The financing was co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors including Sequoia, Oak HC/FT, and Icon Ventures. It brings Maven’s total funding to more than $200 million. The company also added to its roster of celebrity investors with Oprah Winfrey joining the round, following previous backing from Mindy Kaling, Natalie Portman, and Reese Witherspoon. Maven did not disclose the amount of funding Winfrey provided.

Founded in 2014, Maven is a fast-growing, New York-based startup that connects people virtually to caregivers who provide support for a wide range of family-related concerns including adoption, fertility, pregnancy, and pediatrics. The company recently named Boston OB-GYN and maternal mortality researcher Neel Shah its first chief medical officer.

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