- Maven's main financial serviceman has near nan women's wellness unicorn 1 twelvemonth aft taking nan role.
- The startup plans to bring successful a caller CFO pinch nationalist marketplace experience, per a root pinch knowledge.
- Maven conscionable announced a $125 cardinal Series F information successful October astatine a $1.7 cardinal valuation.
Thanks for signing up!
Access your favourite topics successful a personalized provender while you're connected nan go.
By clicking “Sign Up”, you judge our Terms of Service and Privacy Policy. You tin opt-out astatine immoderate clip by visiting our Preferences page aliases by clicking "unsubscribe" astatine nan bottommost of nan email.
Maven Clinic is swapping retired its main financial officers connected nan heels of a caller backing information arsenic nan women's wellness startup inches person to an IPO.
Maven is bringing successful a caller finance caput pinch acquisition starring a nationalist company, according to a root pinch nonstop knowledge of nan change.
Kristina Campbell, Maven's erstwhile CFO, near nan startup successful October, according to her LinkedIn. She joined Maven a twelvemonth prior, successful October 2023.
Earlier this month, Maven notched a $1.7 cardinal valuation pinch $125 cardinal successful caller backing from nan backstage equity patient StepStone Group. Business Insider first reported nan information successful September.
The personality of Maven's incoming CFO isn't known. Maven declined to remark for this story. Campbell didn't respond to requests for comment.
Maven launched 10 years agone to supply virtual attraction to women and families done employers and wellness plans, including for fertility, pregnancy, and menopause. It's since raised complete $425 cardinal from investors specified arsenic Sequoia Capital, General Catalyst, Lux Capital, and Oak HC/FT.
As nan highest-valued women's wellness startup, Maven is expected to beryllium a campaigner for nan adjacent activity of integer wellness IPOs. The startup's hopeful early exit would beryllium a boon for nan women's wellness market, which remains a mini fraction of each healthcare funding.
Some of Maven's peers haven't fared arsenic good successful a tighter task market. Fertility startup Kindbody is reportedly looking to raise much backing astatine a $600 million valuation, a monolithic markdown from nan $1.8 billion valuation it landed successful March 2023.
Before Maven, Campbell spent complete 2 years arsenic nan CFO of nan cryptocurrency speech Ripple. She near nan institution amid its legal conflict pinch nan SEC aft nan agency accused Ripple of trading its XRP token arsenic an unregistered security.
Campbell has now joined intermezo payroll startup Wrapbook arsenic its CFO, according to her LinkedIn profile. Wrapbook raised a $20 million funding information successful September astatine a valuation of $750 million.