The telemedicine clinic is closing for investments to grow the team of doctors and expand the geographical footprint
SAN FRANCISCO, June 2, 2022 / PRNewswire / – Choice (pronounced “Choice”), a telemedicine health and sexual and reproductive health clinic, provided $ 1 million in its initial round. The first round of funding was headed Increase capital (“Elevate”), a venture fund. Choix plans to raise extra $ 500,000 office $ 1 million in the coming months.
“We are incredibly grateful to Elevate for believing in our mission to improve access to safe home abortion care,” he said. Cindy Adam, CEO and co-founder of Choix. “We admire the ability to develop our team of physicians and expand into other states at critical times when reproductive access is increasingly at stake.”
Nicin Paradise, founder and managing partner of Elevate Capital, was also appointed a member of Choix’s board of directors. Rai launched Elevate in 2016 as one of the first institutional inclusive venture funds in the United States. Since 2016, Elevate has invested almost $ 45 million in 52 startups, 95% of which are headed by various and founding women.
“We have invested in Choix because of the various founders who have strong medical experience and deep experience in women’s reproductive health,” he said. Nicin Paradise, founder and managing partner of Elevate Capital. “We are excited to lead the first external round of Choix, and I look forward to getting on the board of directors of Choix.”
Choix was the first abortion clinic in telemedicine to offer an asynchronous model of care. This first virtual model eliminates barriers to affordable, restrained and safe abortion care by offering over-the-counter healthcare and reducing the cost of services by more than half the usual personal visits. Choix currently serves people in California, Colorado and Illinoisand also offers emergency contraception, birth control, genital herpes treatment, herpes treatment and UTI treatment.
About Choix
Founded in 2020 by a team of award-winning physicians, Choix (pronounced “Choice”) is a telemedicine health clinic that gives people access to safe and affordable abortions, sexual and reproductive health at home. Choix clinicians were recognized by the National Abortion Federation for their leadership in abortion and demonstrated significant contributions to the development of nursing practice. For more information, visit www.mychoix.co or follow Choix further Instagram.
About Elevate Capital
Elevate Capital is a Pacific Northwest venture company that invests nationally in underrepresented entrepreneurs at an early stage, including women, BIPOC, LGBTQ + and veterans. For example, more than 62% of Elevate Capital Fund II investments are in women, 52% in African Americans (mostly women), 67% in color founders, 10% in LGBTQ +, 10% in veterans and 5% in Latinx founder / CEO led startups. Since 2016, Elevate Capital has almost invested $ 45 million in 52 startups, of which more than 95% are headed by various founders. Visit elevate.vc or follow Elevate Capital further Twitter, Facebookand LinkedIn.
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SOURCE Choix
