Maven Clinic buys Naytal to accelerate European expansion

Steven Loeb · March 21, 2023 · Short URL: https://vator.tv/n/5677

Nayal is a London-based company that provides on-demand access to women's and family health experts

There's a lot of work to be done in the United States when it comes to healthcare for women and families; after all, maternal deaths in the U.S. rose 40% in 2021 to 1,205. Not to mention that, due to the Supreme Court's striking down of Roe vs. Wade, one-third of US women who are of reproductive age now live in states with restrictions on access to abortion.

That's not to say that there aren't plenty of issues in countries outside the U.S. as well, though, which is why Maven Clinic, a virtual clinic for women's and family health, announced on Tuesday it's acquisition of Naytal, London-based company that provides on-demand access to women's and family health experts.

No financial terms of the deal were disclosed, but it was revealed that Leila Thabet, Naytal's founder and CEO, will be joining Maven as Regional Vice President, Global Growth and Partnerships. In addition, many of Naytal's accredited UK-based women's health providers will join Maven's network of providers.

Launched in 2014, Maven acts as a digital clinic, providing programs around various aspects of women's healthcare such as preconception, egg freezing, IVF, adoption, surrogacy, pregnancy, returning to work and pediatrics, as well as programs for partners of people going through pregnancy or IVF.

The company allows patients to make virtual visits with their doctor; they then get access to over 1,400 vetted women’s and family health practitioners across over 20 specialties. Patients can book video chats or message practitioners and then pick up their prescriptions, including birth control, at their local pharmacy.

The company sells its digital programs to both employers and health plans to roll out to their members who then get access to a care team comprised of a range of providers who can help meet their needs; its enterprise customers now include half of the Fortune 15, including AT&T and Microsoft. Patients can also sign up individually for Maven, though they won't get access to the care team.

Founded in 2021,Naytal is an online clinic dedicated to women’s health that connects women with specialist support, provided by reproductive health experts, on topics such as fertility, pregnancy, postpartum care, and menopause. Women can use the platform to book virtual consultations, in which they speak to a health expert through a video call on their device, removing the need to visit them in a clinic.

All of the company's physicians all Pelvic Obstetric & Gynaecological specialists, who can support patients before and after birth to reduce pelvic pain, as well as rehab and restore their pelvic floor and body. Nayla also provides lactation consultants, mental health professionals, and avteam of private midwives.

Naytal was the first platform in the UK to offer on-demand access to dedicated perinatal psychologists, and its provider network now covers more than 25 specialties.

Maven now has members in more than 175 countries, with the UK being its largest market outside of the US, with more than 70 employer clients with employees in the region; buying Naytal will help accelerate its expansion not only in the United Kingdom, but the rest of Europe a well.

"Maven's digital platform has been built to address gaps in reproductive and maternal health globally and meet each member, no matter where they are in the world, with the same level of high-quality, personalised care," Kate Ryder, founder and CEO of Maven Clinic.

"With our acquisition of Naytal, our rapidly expanding UK and European membership will have even greater access to timely support that meets their unique needs through a partner deeply embedded in the region."

This is Maven's second acquisition after buying Bright Parenting, an app for parents to use behavioral health techniques and skills to build stronger families, in 2020.

(Image source: naytal.uk)