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Venture Capital News: Babyscripts Secures $12M Series B

2021-09-14
WASHINGTON, DC, Obstetrics virtual care company Babyscripts has raised $12 million in a Series B investment led by MemorialCare Innovation Fund.
Obstetrics virtual care company Babyscripts raised $12 million in a Series B investment. MemorialCare Innovation Fund led the investment and was joined by Philips Ventures and the CU Healthcare Innovation Fund. Babyscripts has raised around $26 million to date.

Babyscripts offers comprehensive virtual maternity care which, through managing various levels of risk, addresses an outdated model for pregnancy care that has not moved the needle in decreasing maternal morbidity and mortality; an inability to address social determinants of health; and now the critical need to transition care outside of the clinic due to Covid-19.
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