Femtech company Elvie raises $80 million
London-based Elvie closed an $80 million Series C funding round led by BGF, with further investment from funds and accounts managed by BlackRock and a consortium including Hiro Capital and Westerly Winds, plus existing investors Octopus Ventures and IPGL.
Founded in 2013, Elvie’s products include Elvie Trainer, an app-connected Kegel trainer that helps women strengthen their pelvic floor, and Elvie Pump, a silent wearable breast pump. In October 2020, the company brought to market two new breastfeeding products, Elvie Catch and Elvie Curve.
The company launched 10 new markets across EU and Asia in the last 12 months.
Bottom Line: An AXA partner.