In this episode we discuss all things femtech with Healthcare Law Lawyer, Advisor and Portfolia FemTech Fund Partner Delphine O’Rourke. We get into what FemTech is, why it’s so important for women to invest and support this sector, and how you can help. In case you haven’t noticed, in the past, VCs have overlooked products designed for women primarily because they don’t understand the needs or the market
When you invest in or support FemTech, your contributions help the market develop innovations that address issues like osteoporosis, menopause, fertility and many more opportunities that will help women live better and longer lives.. According to Market.us, the Global FemTech Market size is projected to surpass around USD 127.1 Billion by 2033! For example, have you ever considered why the dreaded speculum used in annual ob-gyn exams has not been updated since the 1800’s? Neither did we until Delphine mentioned it.
Whether you’re an experienced investor or just curious about how to get started, this episode may cause a paradigm shift in how you think about investing. As a Fund Partner at Portfolia, Delphine is part of a team that decides what start-ups to invest in. We discuss how you can also join a Portfolia fund with a minimum $10k if you are an accredited investor.
if you enjoy this topic, don’t miss our podcast with Portfolia founder and venture capital pioneer, Trish Costello, and our podcast with Ida Tin, the woman who coined the term Femtech!
Want to talk more about this? Find us on Instagram @meantforit. You can also visit our website at www.meantforit.com, and sign up for our newsletter here or email us. contact@meantforit.com.
Notable Quotes from Delphine:
“We need to move medicine for women out of the 1900’s, 1800’s into modern medicine.”
“We make 92% of consumer decisions, 82% of healthcare decisions.”
“Shifting the contraceptive burden is highly impactful and that’s what we look for.”
“We want to make our money work for us and it’s just sitting in a checking account. The financial gap, the pay gap, will just continue and compound.”
Podcast Chapters:
(03:48) Femtech is where technology intersects with women’s health (07:35) The stark reality of women’s health innovation and the need for change
(15:10) The potential of wearable bone technology and its impact on osteoporosis
(18:59) Portfolia invested in a male contraceptive that is reversible
(22:55) Maven’s success story and the shifting role of employers in healthcare
(29:29) Why investment education is critical for women
(32:53) Exploring why men haven’t invested in women’s health historically
(37:35) Every woman will go through menopause unless she dies
(43:03) An accredited investor is someone who is eligible to invest in credit funds
(49:56) We know we have a loneliness crisis in the United States
(53:03) Maven provides women’s health remotely through telemedicine
