The FemTech industry is experiencing a surge in innovation, with new companies emerging to address a wide range of women’s health issues. This article highlights 10 new FemTech companies that are offering innovative solutions for reproductive health, menstrual health, menopause management, and general wellness. They are developing fertility tracking devices and AI-driven apps to help women better understand their menstrual cycles and optimize their chances of conception.
Menstrual health tech is seeing innovations like smart tampons and period-tracking apps that offer insights and recommendations based on user data. For menopause management, companies are creating wearable devices and digital platforms that monitor and alleviate symptoms, providing real-time support and guidance. Additionally, holistic wellness is being advanced through telehealth platforms and personalized wellness plans driven by data analytics, addressing issues from mental health to chronic disease management.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the FemTech industry. This sector is marked by key trends and a substantial workforce, shaping its future. The last time we updated this report was 5 days ago. If there’s something missing or off, your tips are welcome! Here are some key insights at a glance:
- Current FemTech Trends: Some of the major trends advancing FemTech are early endometrial and breast cancer detection technologies, period trackers and fertility assessment apps, pregnancy and maternity health solutions, menstrual and menopause care products, and self-care and mental health platforms.
- FemTech Industry Statistics: The sector comprises 34.6K+ organizations worldwide. Out of these, 4.5K+ new FemTech companies were founded in the last five years. On average, each of these organizations employs about 17 people and witnesses 2020 as the average founding year. Moreover, the average funding received by these 4.5K+ companies per round in the same span is USD 18.1 million.
- 10 Top FemTech Companies to Watch:
- MiMARK – Endometrial Cancer Detection
- NeoLab AI – AI-powered Breast Cancer Screening
- Ovira – Period Cramp Relief Device
- CleopatraRX – Menopause Symptoms Treatment
- Veera Health – PCOS Management App & Supplements
- Natalist – Sustainable Pregnancy Products
- Mammoptix – Breast Implant Monitoring Wearable
- Rita – Fertility Assessment Platform
- AprilCares – Self-Care Mental Health App
- Oya – Adaptive & Anti-microbial Activewear
Meet 10 out of 4.5K+ Emerging FemTech Companies
In this section, we spotlight 10 new FemTech companies focused on fertility assessment, maternity care, menopause symptom management, anti-microbial activewear, mental wellbeing, and breast cancer detection. Fertility assessment companies offer precise cycle tracking and ovulation prediction. Maternity care innovations include smart monitoring devices and prenatal health apps. Menopause management solutions feature wearables that track and alleviate symptoms in real time.
Anti-microbial activewear incorporates advanced fabrics to reduce infections and enhance comfort. Mental wellbeing platforms provide data-driven support for stress and anxiety. Breast cancer detection technologies improve diagnostic accuracy through advanced imaging and AI algorithms. These FemTech companies integrate cutting-edge technology to address specific health needs, enhance diagnostic accuracy, and provide personalized care. Read on to explore the innovative solutions these companies offer in advancing women’s health.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. MiMARK
- Founding Year: 2021
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Very Strong
- What they do: MiMARK develops a vitro diagnostic test, WomEC, to enhance endometrial cancer diagnosis. The test measures the levels of specific proteins in the soluble fraction of a uterine fluid sample, eliminating the need for cellular material. This minimally invasive approach utilizes a pipelle biopsy specimen, a thin, flexible tube inserted into the cervix to collect a fluid sample. By analyzing protein expression levels, WomEC achieves high accuracy in diagnosing endometrial cancer, with up to 99% sensitivity, 79% specificity, 97% negative predictive value, and 87% positive predictive value.
2. NeoLab AI
- Founding Year: 2019
- Employee Range: 2-10
- Location: Netherlands
- Signal Strength: Medium Strong
- What they do: NeoLab AI develops an AI-powered software tool, MammoCancerAI, for diagnosing breast cancer. It utilizes deep convolutional neural networks to assess mammograms. This technology aids radiologists by highlighting suspicious lesions, potentially improving the accuracy of diagnoses, and facilitating early detection of breast cancer. When a mammogram is uploaded to the system, MammoCancerAI analyzes the image and assigns a suspiciousness score to any lesions it detects. This score helps radiologists prioritize their workload and make more informed decisions about which lesions warrant further investigation. NeoLab AI thus improves the sensitivity of radiologists, potentially reducing the number of missed cancers.
3. Ovira
- Founding Year: 2019
- Employee Range: 2-10
- Location: Australia
- Signal Strength: Very Strong
- What they do: Ovira manufactures a Period Cramp Relief Device that uses transcutaneous electrical nerve stimulation (TENS) technology, a method that delivers small electrical pulses through adhesive pads placed on the skin. The device targets the lower abdomen, disrupting the transmission of pain signals to the brain. By interrupting these signals, the device offers temporary relief from period cramps. This non-invasive approach provides women with a drug-free option for managing menstrual pain. This device features a discreet design, making it convenient for use throughout the day. Additionally, the company also offers supplements — Bloat Control, PMS relief, and Curb Cravings to improve the respective menstrual discomforts.
4. CleopatraRX
- Founding Year: 2020
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: CleopatraRX addresses cognitive issues experienced by women during peri- and early menopause through its capsule, PearlPAK. This capsule combines estriol, a safer form of estrogen, and progesterone, hormones that decline during menopause and are linked to cognitive decline. Estriol has positive effects on cognitive function with a reduced risk of side effects compared to other forms of estrogen therapy. PearlPAK targets hormonal deficiencies by replenishing these hormones, alleviating symptoms like brain fog, memory problems, and difficulty focusing. Additionally, the capsule improves sleep quality and energy levels, further supporting post-menopausal health.
5. Veera Health
- Founding Year: 2020
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: Veera Health offers a FemTech platform that addresses polycystic ovary syndrome (PCOS) through a combination of products and programs. Its product, Veevital PCOS Support, is a myo-inositol supplement that improves hormonal balance. Myo-inositol is a sugar molecule naturally produced in the body and plays a role in insulin signaling, which can be impaired in PCOS. The supplement combines myo-inositol with other essential nutrients to regulate ovulation and periods and improve insulin resistance. Other supplements like Veevital Hairfall Rescue and Veevital Gut Refresh manage hair loss and gut health, both common concerns for those with PCOS. Veera Health also provides a PCOS program that incorporates lifestyle changes, medications, and doctor consultations to manage various PCOS symptoms.
6. Natalist
- Founding Year: 2019
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Natalist develops products and tools supporting women’s reproductive health. The company offers plastic-neutral pregnancy tests and ovulation tests to aid in early detection and family planning. Its Ovulation Calculator provides personalized insights to help users understand their fertility cycles. The company’s Good Morning Tea, formulated with herbal ingredients, prevents morning sickness. Belly Oil soothes and hydrates skin during pregnancy, while the Breastfeeding Essentials Kit includes a multivitamin and nipple balm to support postpartum recovery. Additionally, MTHF Folate and Postnatal Multivitamins promote maternal health before, during, and after pregnancy.
7. Mammoptix
- Founding Year: 2021
- Employee Range: 2-10
- Location: Belgium
- Signal Strength: Very Strong
- What they do: Mammoptix provides a bra-like wearable for remote monitoring of breast implant conditions. It integrates sensors to continuously monitor physiological changes, such as pressure and temperature fluctuations, following breast implant surgery. This data is used to detect potential complications early on. Additionally, Mammoptix monitors psychological well-being by tracking sleep patterns and heart rate variability. Thus, by providing real-time data on a patient’s healing process, the wearable offers remote monitoring and complication prediction, improving patient outcomes.
8. Rita
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: Rita Health builds a FemTech platform that optimizes fertility health through an online survey that analyses over 100 fertility-influencing factors. This survey gathers details on menstrual cycles, medical history, lifestyle habits, and biological parameters. A proprietary AI model then analyzes this data. The AI assesses factors like ovulation regularity, hormonal imbalances, and potential underlying health conditions that affect fertility. This analysis generates a personalized report that highlights key areas impacting fertility and provides actionable recommendations for improvement. These recommendations include dietary changes, stress management techniques, or consultations with specific healthcare providers.
9. AprilCares
- Founding Year: 2021
- Employee Range: 2-10
- Location: India
- Signal Strength: Very Strong
- What they do: AprilCares designs a self-care app to address mental health challenges specifically faced by women. The app leverages evidence-based programs curated by mental health professionals alongside women with lived experiences. Users begin by taking an initial assessment that analyzes their symptoms and challenges. AprilCares then utilizes this data to personalize a self-care plan featuring cognitive behavioral therapy (CBT) techniques and mindfulness exercises. These tools are delivered in engaging formats like interactive modules, audio guides, and educational materials. The app fosters a supportive online community forum where users connect with peers facing similar challenges. Additionally, it offers optional email consultations with licensed therapists for more in-depth support.
10. Oya
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Oya makes activewear for women with a focus on maintaining a healthy skin microbiome. Its clothing utilizes high-performance fabrics enabling breathability and moisture-wicking properties. This technology draws sweat away from the body, promoting ventilation and preventing a buildup of moisture and bacteria on the skin’s surface. By controlling moisture, Oya’s activewear discourages the growth of harmful bacteria that can disrupt the skin microbiome, potentially leading to irritation or infections. Some garments, like mesh panels, are infused with antimicrobial silver to further suppress bacterial growth. Products like the Contour Stitch Bra and Contour Tummy Control feature strategic seams and panels that provide additional support and a good fit without compromising breathability. Additionally, Oya uses materials free of harmful chemicals and offers removable gusset liners for further customization.
Quick Tip to Find New FemTech Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new FemTech companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying FemTech innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the FemTech industry. The platform keeps you informed with near real-time updates on emerging FemTech solutions and news, enabling you to make swift and informed decisions.
- Precise Scouting: Customize your search to focus on specific niches within the FemTech sector, such as fertility assessment apps, menopause symptom management products, or AI-based breast cancer diagnostics solutions. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New FemTech Companies?
This overview highlights just a few solutions from all FemTech new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We seek partnerships with industry experts to deliver actionable insights into startups and tech. Interested? Let us know!
