TBD Health – a hybrid sexual healthcare startup that offers at-home, in-clinic, and virtual sexual health screenings, emergency contraception, education, and counseling – raised $4.4 million in Seed funding.
Tusk Venture Partners led the investment round with participation from Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, The Community Fund, and strategic angels.
With new funds, TBD Health plans to expand its offerings within sexual wellness and launch innovative partnerships with employers, universities, and other digital health companies in 2023.
Commenting on the funding news, Daphne Chen, Co-Founder and Co-CEO of TBD Health, said: “At a time when women’s rights are being challenged by our government, it was critical for us to build a sex-positive healthcare company that makes it easy for people to prioritize their health.” “As someone who has experienced firsthand the judgment that doctors and clinicians pass when it comes to sexual health, it’s our mission to create a safe space for people to seek inclusive, trauma-aware care, as well as treatment and resources on their own terms, regardless of where they live.”
The latest CDC data shows that one in five people in the United States has an STD, almost half of all new STDs are among people aged 15-24, and numbers continue to surge. “This investment enables us to expand our hybrid model (comprises both in-person and telemedicine) of sexual health treatment options to help millions of Americans experiencing sexual health problems, TBD Health said in a press statement.
The company’s hybrid sexual healthcare model offers sex-positive, supportive sexual healthcare services, including at-home and in-clinic screenings, emergency contraception, education, and virtual counseling.
Virtual sexual care startups have raised more than $2 billion in venture capital funding to date, according to our database.
More recently, Almond, a telehealth startup offering pregnancy planning, birth control counseling, and sexual health service, raised $7 million in seed funding.
In another deal, Midi Health, a virtual care provider for women experiencing hormonal transition, raised $14 million in seed funding. Felicis and SemperVirens co-led the investment round with participation from Emerson Collective, Icon Ventures, Operator Collective, Muse Capital, Steel Sky Ventures, Anne Wojcicki, and Susan Wojcicki.