Hormona, a HealthTech startup enabling women to track, understand and optimise their hormones, raises €7.8 million

London-based Hormona, a HealthTech firm making use of AI and at-home screening to aid ladies track, comprehend and optimize their hormonal agents, has actually elevated a EUR7.8 million Seed round to sustain their development and aid release its hormonal agent examinations.

The round was led by Voima Ventures (Helsinki) and co-led by SuperNode Global VC (London). The round additionally obtained support from DLF Ventures, along with previous financiers, Swedish Nascent Invest and Techstars in the United States.

Hormona Chief Executive Officer and Founder Karolina Löfqvist remarks: “ For also long, ladies have actually needed to experience via hormone problems, depending on experimentation and waiting till signs and symptoms end up being intolerable. That’s no chance to live. We constructed Hormona to alter that– to offer ladies manage over their hormone wellness without needing to invest years experiencing, as I did. This financial investment brings us one action better to making real-time hormonal agent monitoring obtainable to ladies anywhere without the demand for several blood attracts. We’re honored to be blazing a trail and enhancing ladies’s wellness, one individual at once“

Established In 2020, Hormona is a females’s wellness firm making use of AI and at-home screening to encourage ladies to comprehend and handle their hormonal agent wellness. Co-founded by Karolina Löfqvist (CHIEF EXECUTIVE OFFICER) and Jasmine Tagesson (COO), Hormona supplies customised hormonal agent monitoring and expert-backed support to aid ladies attend to hormone inequalities and relevant problems.

The firm teams up with a group of endocrinologists, gynaecologists, and nutritional experts to supply science-backed understandings. With a group of 12, Hormona has actually elevated EUR10.2 million in complete financing. Hormona was developed with professional specialists in endocrinology, gynecology and nourishment to aid customers handle hormone-related problems and much better comprehend their wellness.

The firm was influenced by Löfqvist’s individual experience, in which a typical hormone problem hindered her life and went undiagnosed for many years regardless of looking for comprehensive clinical aid. Hormona claims Löfqvist’s tale is much from special, with 80% of women experience hormone-related issues

Inka Mero, Taking Care Of Companion and Owner at Voima Ventures includes: “ At Voima Ventures, we seek visionary groups and vibrant scientific research that can redefine whole sectors, and Hormona is precisely that: they are introducing a worldwide motion in ladies’s wellness. By taking on among one of the most ignored yet essential facets of ladies’s health– hormone wellness– they are offering countless ladies the devices, information, and empowerment to take control of their bodies and lives. We are unbelievably honored to stand next to Hormona as they lead this wellness transformation“

Hormona has actually invested the last 4 years establishing the “ initially totally measurable hormonal agent examinations of their kind“, covering the complete professional array. With over 90% precision contrasted to typical venous blood tasting, Hormona wishes to leader a brand-new, a lot more obtainable method to track hormone wellness.

Past the examinations, Hormona’s application, which enlightens ladies on hormone problems, has actually been downloaded and install in 190+ nations. The application is experiencing 30% month-over-month development, while 80% of customers continue to be energetic after one year.

Gina King, Companion at SuperNode Global VC remarks: “ The future of ladies’s wellness is positive, data-driven, and deeply customised– and Hormona is making that future a fact. They’re bringing advanced technology to a location long ignored by financial investment and innovation, transforming hormonal agent wellness from uncertainty right into accuracy. At Supernode Global, we purchase business that encourage individuals in just how they live– and Hormona exhibits that objective. By supplying ladies with understandings that were as soon as unreachable, Hormona is changing the landscape of health care. They stand for precisely the type of world-changing system we’re honored to sustain as they scale internationally and aid countless ladies live to their greatest capacity“

Hormona thinks that ladies’s wellness continues to be drastically underfunded, underresearched and underserved. Simply 2% of global medical funding goes in the direction of investigating problems particular to ladies. At the same time, in equity financial investment, all-female Founder teams in the UK received 2% of total equity investment last year, down from 2.5% in 2023

Unlike typical hormonal agent examinations, which Hormona claims set you back around EUR177 for a single examination, Hormona supposedly supplies cost effective, continual monitoring without the demand for a laboratory. This adds to a bigger sex wellness space where women spend 25% more of their lives in poor health than guys.

Hormona is totally free to download and install on iphone and Android, with a costs variation (Hormona+) offering customized cycle forecasts and wellness programs also lower hormone inequality signs and symptoms. Various other Hormona offerings consist of cycle-specific way of life pointers, signs and symptom decrease strategies, and supplements. Customers can additionally welcome their companions to get phase-specific e-mail updates with understandings and pointers on just how to sustain them.

Inka Mero (Voima Ventures), that has actually purchased several HealthTech and mission-driven start-ups, and Gina King (SuperNode), a starting participant of the women executive network Principal, will certainly additionally sign up with Hormona’s all-female board to sustain its following stage of development.

The blog post Hormona, a HealthTech startup enabling women to track, understand and optimise their hormones, raises €7.8 million showed up initially on EU-Startups.