Every day at The Pill Club, we focus on making women’s healthcare more affordable, convenient, and accessible for our hundreds of thousands of members. When I joined the team six months ago, it was clear to me that the company was at an inflection point. We were meeting a real need for people seeking contraceptive care and crossed an annual run rate of $100 million for the first time. At the same time, it was clear that what we had built was just the start: that what we were doing was simplifying a daily need—access to a basic right in life—and in doing so, empowering women. We were sitting on an even bigger opportunity to build a “by women, for women” digital health business that addressed the full primary care spectrum. The opportunity was massive, and I was eager to get to work. We set out to achieve three main priorities: focus on our team and build a “care more” culture, understand our customer experience to really serve our members, and raise capital to invest in these objectives.
That’s why I’m so pleased to share that we have completed a $41.9 million fundraising round. This round, which is an extension of our Series B, is led by Base 10. We’re pleased to have the support of existing investors in ACME, Base10, GV, Shasta Ventures, and VMG alongside new investors, including Uber’s Dara Khosrowshahi, Honey’s George Ruan, and iGlobe. I am so grateful to have the support of a strong team of investors who believe in the company and the healthcare experience we are building for women.
This capital will help to accelerate three priorities: expanding the breadth and depth of our services while cultivating in-house talent and continuing to hire a diverse, high-performing team.
As I dug into what it’s like to be a member of The Pill Club, I became even more focused on expanding our platform to better serve our community. And in fact, we’ve already started doing just that. Our California dermatology pilot is on track to go nationwide in a few months, and we’re expanding our period care pilot. We launched in our 47th state and are on track to hit all 50 by the end of the year. This new investment allows us to do so much more for our patients and address more of their daily needs.
Of course, the key to serving all of our patients well is our people and culture: who we are, what drives us, and how we can care for each other. I am very proud of how we have hired and a true believer in the power of building a team that represents our members and the world we live in. That’s why we’re going to begin sharing our diversity and inclusion statistics on an annual basis—starting today:
Our strength comes from our diversity, and being a leader in this space remains a top priority as we continue to grow and scale our business.
Better, more accessible care shouldn’t be a luxury reserved for people who can pay out of pocket or in states of emergency. It should be the norm— for all of women’s healthcare. I’m proud of the strides we’ve made in service of this vision and deeply motivated by the many opportunities ahead to accelerate real change in this space. And the most exciting part of all? We’re just getting started.