$10M for Inclusive Women’s Health

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Visana Health, a 2021 UCSF Rosenman ADAPT Awardee, secured $10.1 million in seed funding. The funding will allow Visana to continue to provide whole-person healthcare services tailored to women across the United States. Visana’s interactive platform offers a wide array of services to members based around its four pillars: education, pelvic floor therapy, nutrition, and mental health support.
CEO Joe Connolly founded Visana to fill in the gaps left by inadequate women’s healthcare around the world. He was inspired by his mother, who suffered from endometriosis for decades without adequate medical support.
From the press release:

MINNEAPOLIS, Aug. 18, 2023 — Visana Health, a virtual-first comprehensive women’s health clinic, today announced the close of $10.1 million in seed funding co-led by Flare Capital Partners and Frist Cressey Ventures. Also participating in the oversubscribed round are InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others. Visana’s investors and the organizations they represent comprise over 30 of the nation’s leading healthcare organizations. They recognize that evidence-based, digital platforms like the one Visana offers are the best way to provide the comprehensive, clinical, and value-focused care women so desperately need.  

Visana provides whole-person, inclusive clinical care for a wide range of women’s health conditions, including: menopause, endometriosis, fibroids, PCOS, contraception, UTIs, and more. Available in all 50 states through health plans and employer benefit plans, Visana offers quality longitudinal medical care from Visana-trained doctors and nurse practitioners.

On average, Visana’s patients have more than three co-morbidities, representing high-cost cases that demand comprehensive and coordinated management. Through a value-based care model, Visana has improved patient outcomes, demonstrated a 4:1 ROI for health plan and employer partners, and created a world-class experience tailored for women, as illustrated by its patient NPS of +90.

“Most women’s health solutions focus narrowly on maternity and fertility, missing the mark for the 90% of women who aren’t actively building a family,” said Shelly Lanning, co-founder and president, Visana. “We built Visana to provide women with in-depth care for all phases of life.”

The typical clinical model for women’s healthcare today leads to underdiagnosis, delayed treatment, and ineffective, expensive procedures. Visana offers the first and only tech-enabled clinical model that enhances patient care by seamlessly integrating high-touch technology and data-driven insights that lead to more efficient diagnoses, personalized treatment plans and improved health outcomes, including a reduction in the number of unnecessary costly surgeries. Visana’s evidence-based clinical care team model was developed by Chief Medical Officer Dr. Barbara Levy, a renowned and experienced physician who is a passionate advocate for health equity and building care teams that improve the quality of women’s health across all phases of life.

“Our enterprise partners are committed to providing quality care to women, but are experiencing point solution fatigue and frustration at the lack of meaningful improvement in patient outcomes. They view Visana as a complete solution that is uniquely able to engage women where they are and deliver evidence-based care in a seamless model that is proven to reduce costs,” said Joe Connolly, co-founder and CEO, Visana. ”We plan to use this funding to develop and build on existing relationships with national health plans and Fortune 500 companies that need a comprehensive solution for women’s healthcare to support the well-being of their female employees and beneficiaries, and contribute to a healthier, more productive workforce and community.”

Margaret Malone, principal at Flare Capital Partners, and Olivia Capra, principal at Frist Cressey Ventures, will join the Visana Board of Directors.