Exclusive: Femtech startup Perelel is acquiring Slow Ventures-backed sexual health startup LOOM
Briefly

"I was like, the 34th Black woman to raise over a million dollars in venture capital," Chidi recalled to TechCrunch, adding that she didn't expect she would raise the nearly $3 million in three months back in late 2019. "At the moment, there was just a new interest in women's health."
"The positive of today is that, at least from the investor community, they're actually realizing that women's health is a huge untapped market," Thain Gioia noted, reflecting on the shift in perception towards women's health investments.
Perelel, co-founded by Alex Taylor and others in 2020, has significantly expanded its product offerings, achieving over 120% year-over-year growth, despite industry skepticism.
LOOM's evolution from an in-person experience to a full online platform in 2020 exemplifies the growing demand for comprehensive women's health education and community support.
Read at TechCrunch
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