Oula Rakes in $19.1M for Hybrid Maternity Clinic

Hybrid maternity clinic Oula announced that it has raised $19.1 million Series A funding to boost its full-service pregnancy care.

Oula provides midwifery and obstetrics services, for prenatal, delivery and postpartum care. It also offers pregnancy and birth education, virtual coaching, community events and an app for support between appointments. Oula has two clinics located in New York City and is in the network with most major insurance providers, including UnitedHealthcare, Blue Cross Blue Shield and Aetna. It also accepts Medicaid.

This funding will continue to advance Oula's full-service pregnancy care that includes prenatal, delivery, and postpartum while allowing Oula to expand its sonography capabilities as well as group support to offset the pressures of becoming a parent in America. 

Oula's announcement comes at a critical moment, with U.S. maternal mortality on the rise (particularly for Black women), reproductive rights being stripped away, and parents facing mounting challenges from a shortage of affordable childcare options to a lack of paid family leave.

According to the World Health Organization, increasing access to midwives is one of the most powerful ways to reduce maternal deaths, lower preterm birth and cesarean rates, and lower the cost of childcare. One study published in The Lancet found that including more midwives in healthcare systems could prevent more than 80 per cent of maternal and infant deaths.  

The funding round was led by 8VC and included participation from Chelsea Clinton’s fund, Metrodora; the Female Founders Fund; Collaborative Fund; and Alumni Ventures. 

In total, Oula has raised $22.3 million.

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