Meghan Markle Steps into Women’s Health with Fresh Investment

Meghan Markle is carving her niche in the women’s health sector. How? By initiating a new investment dedicated to assisting those going through menopause. The Duchess of Sussex just hopped on board a massive $63 million (£48 million)Series B funding spree forMidi Health. This digital clinic offers online care related to menopause and other health concerns linked to mid-life.

Who first spilled the beans on Markle’s bold move? Fortune. Who verified the news? TechCrunch, as per a source well-acquainted with the deal. This is another feather in Markle’s already adorned business cap, ever since she moved stateside with her family in 2020.

An Angelic Investment in a Celebrity-Favoured Health Startup

The 43-year-old Duchess has reportedly played her angel investment card. The benefactor? Midi Health, a women’s healthcare start-up that’s become a hot topic among the Hollywood glitterati. Angel investors, wealthy souls who invest in budding businesses in return for equity, provide much-needed initial capital to help these springing companies rise.

Other A-list names fuelling the $63 million fundraise, include:

• Ex-Meta COOSheryl Sandberg
• Soccer superstarBrandi Chastain
• Maya Harris, niece of previous Vice President Kamala Harris

Supporting a $103M Venture with Star-Studded Backers

Markle’s stake in Midi Health positions her beside stars likeAmy SchumerandConnie Britton, who also contributed to the funding round. Their donations have pushed the company’s funding to a grand $103 million total.

The platform caters to the 35 and above crowd who are grappling with menopause symptoms. But, it offers more than just care — it offers personalized and easily accessible virtual healthcare solutions.

Charting New Waters in Her Investment Journey

In a chat withFortune, Meghan Markle expressed her thrill at venturing into new investment territories. Her recent investment is considered a stride into the unknown as she continues to shape a robust and substantial investment portfolio with health, wellness, and equality as cornerstones.

Famous investors weren’t the only ones cheering on this Series B round. Prominent firms like Laurene Powell Jobs’ Emerson Collective, Tory Burch, and G9 Ventures lent their support according toPitchBook.

And, with this capital infusion, Meghan Markle underlines her commitment to projects that uplift women and tackle neglected healthcare areas — majorly focusing on the challenges faced by women in their mid-years.