Startup Spotlight: telemedicine and femtech firm Nurx
San Francisco, California-based healthcare startup Nurx offers online delivery women’s health services.
Available, the company says, to 90% of the US population, its services include birth control, emergency contraception, STI testing and Herpes treatments. The service works by offering customers the ability to deliver testing and medication to their home, while keeping costs low with or without insurance. Describing itself as the leading online provider for contraception, Nurx says it delivers care to over 250,000 patients across the United States.
A total of $93.4mn has been raised by the company across six funding rounds since its foundation in 2015. In 2019, the firm raised some $52mn in a Series C round led byKleiner Perkins Digital Growth Fund and Union Square Ventures.
In a press release at the time, Nurx CEO Varsha Rao said: "The typical healthcare experience is slow, confusing, and expensive and doesn't leave people feeling empowered to make decisions about their health. We're incredibly motivated by the impact we've made over the last few years, particularly in areas of the country where people turn to us because they don't have any options. By focusing our efforts on health needs that often carry shame and stigma, we're excited to reach more people and provide them with more sensitive healthcare services they need and deserve."
As the COVID-19 pandemic continues, Nurx framed its work on telemedicine as relieving strained healthcare services and enabling less interpersonal contact. Recently, the company has announced its expansion to the state of Maryland, thanks to the State passing legislation that allows “healthcare providers to use their clinical judgment in determining how they can best provide care to their patients in a telemedicine setting”
"We feel privileged to be in the position of providing online medical consultations, home delivery of medication, and transparent and affordable pricing for people with and without health insurance," said Rao. "We're more committed than ever to provide people in Maryland with the compassionate care they need and deserve. We hope other states follow their lead in expanding telemedicine offerings so people can get the care they need safely from home."
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