Herself
Overview
Herself Health is a healthcare startup that was founded in 2022 by Kristen Helton, a former healthcare executive at Amazon Care. The company focuses on providing comprehensive primary care specifically designed for women aged 65 and over. Based in St. Paul, Minnesota, Herself Health has raised substantial capital, totaling approximately $70 million as of 2024. The company has positioned itself prominently in the primary care landscape by addressing unique health challenges faced by elderly women, offering a model that integrates both clinical and wellness services tailored to this demographic.
Recent Developments
- August 2024: Herself Health announced a new funding round of $37 million, earmarked to expand operations and add new clinics including one more in Eagan, Minnesota. This funding highlights investor confidence in the startup's unique approach to women's healthcare.
- 2023: The company secured $26 million in Series A funding, with significant contributions from investors like Accretive and Juxtapose. This funding was aimed at launching more clinics and broadening digital and community healthcare services.
- 2023: Herself Health made strides by expanding its clinic network beyond St. Paul to include more locations in the Minneapolis-St. Paul area, driven by increased demand for accessible healthcare options for elderly women.
- December 2022: The inaugural clinic in St. Paul welcomed over 1,000 women, reinforcing the pressing need for specialized elder care services. This facility set a benchmark in utilizing a holistic approach encompassing physical, mental, and social health aspects.
- 2022: Post the shutdown of Amazon Care, Kristen Helton pioneered Herself Health, leaning on insights garnered from her previous roles, to specifically cater to senior women's healthcare needs.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | St. Paul, Minnesota, USA |
| Founders | Kristen Helton, alongside support from Juxtapose |
| Revenue | Not publicly disclosed, but growth indicated by expanding clinics and funding rounds |
| Profits | Not publicly disclosed |
| Key Investors | Accretive, Juxtapose, and additional venture capital participants |
| Industry | Healthcare, specifically Clinics/Outpatient Services |
| Number of Employees | Approximately 92 as of 2024 |
Early History
Herself Health was conceptualized amidst the rising need to address gender-specific healthcare disparities, particularly those affecting older women. Its founder, Kristen Helton, was inspired to create a healthcare company focused on women over 65 after her experiences at Amazon Care, where unmet needs in patient care were prominent. The venture initially received a seed funding of $7 million to establish its first clinic. The guiding philosophy of the company emphasizes patient care that listens and responds to women's unique health needs, ensuring it is both comprehensive and personalized.
Company Profile and Achievements
In its short yet impactful journey, Herself Health has established itself as a notable player in women's healthcare by focusing on a demographic often overlooked. Here's a breakdown of its business model and achievements:
- Business Model: Herself Health operates on a fee-for-service basis initially, with plans to transition to a value-based care model. This approach facilitates a focus on patient outcomes rather than service volume.
- Patient-Centric Care: Custom health plans are crafted by spending considerable time understanding each patient’s history, emphasizing holistic wellbeing that includes mental and social health aspects.
- Milestones:
- Launching its first clinic prior to full public rollout showed significant unmet demand in the area.
- Successful Series A funding rounds demonstrate strong market confidence.
- Pioneered services that cater specifically to the needs of elderly women, addressing gaps left by traditional healthcare models.
- Technological Integration: Planned expansion into virtual care offerings to accommodate remote health monitoring and consultations.
Current Operations and Market Position
Currently, Herself Health is rapidly expanding its presence in the healthcare market by operating clinics in multiple locations within Minnesota, with plans to blanket the region further and eventually reach new markets. The primary care practice delivers services that are distinctive in their focus on comprehensive, gender-conscious healthcare for older women. The company's robust approach in bridging senior care with personalized medicine gives it a competitive edge in an industry that increasingly values bespoke healthcare solutions.
Conclusion
Herself Health stands at the forefront of redefining healthcare for women aged 65 and over, leveraging its strategic investments and targeted care models. As it scales its operations and broadens its market reach, it promises to address significant healthcare disparities, providing more efficient, meaningful care while responding to demographic needs that traditional medical models have overlooked. Given its successful ventures thus far and continued expansion initiatives, Herself Health is well-positioned to shape the future landscape of elder women's healthcare services.