Babyscripts lands a $500K strategic partnership with Inova Health System - Technical.ly DC

Business

Mar. 20, 2019 12:01 pm

Babyscripts lands a $500K strategic partnership with Inova Health System

Inova Health System is investing $500,000 in Babyscripts and is implementing the D.C.-based startup's tool into its employee health plan.

The Babyscripts team in 2017.

(Courtesy photo)

D.C.–based Babyscripts, a startup that developed a virtual care platform for managing obstetrics, has landed a strategic partnership with nonprofit Inova Health System.

Falls Church, Va.-based Inova will implement Babyscripts’ tool into its employee health plan through Innovation Health, a partnership between Inova and heathcare company Aetna, a press release states. This new partnership between Inova and Babyscripts also comes with a $500,000 investment for the D.C. startup.

“Babyscripts offers the opportunity to further the impact of our wellness programs on the lives of expecting families in the region,” Seema Wadhwa, assistant VP of sustainability and wellness at Inova said in a statement. “We currently see over 11,000 people through our childbirth and parenting education, and we are pleased to expand our holistic care offerings for pregnant moms and their families with this additional tool.”

After Inova deploys Babyscripts’ tool to its employees, it will then expand the offering to its entire system so Babyscripts can engage women continuously through pregnancy and postpartum with digital tools.

This announcement comes a few months after Babyscripts inked a $6 million strategic investment round led by international health tech company Philips to expand its U.S. footprint and update its tech.

Advertisement

“Inova is not only committing to leverage Babyscripts through a commercial agreement, but now putting hard earned capital toward transforming the entire delivery of obstetrical care as a category.” Anish Sebastian, CEO and cofounder of Babyscripts said in the press release. “This partnership truly is a validation of our vision for obstetrics: a risk-based model that we’ve coined ‘precision prenatal care.”

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Fairfax County and Dominion Energy are partnering on an autonomous electric shuttle pilot

Gaithersburg-based Viela Bio closed on a $75M Series B funding round

Revolution’s Rise of the Rest Seed Fund is investing in another NC-based startup

SPONSORED

DC

Building a data acquisition system? Don’t make this mistake

Washington, D.C.

The Washington Post

Site / Full Stack Engineer

Apply Now
DC

Dexibit

Technical Analyst

Apply Now
DC

Hybrent

Project Manager

Apply Now

This Baltimore-based venture capital firm is looking to invest in D.C.-area startups

Bethesda-based GreenGen Ventures is investing in Senseware

CIT’s Virginia Founders Fund is investing in Skyphos Technologies

SPONSORED

DC

This fast-growing SaaS company aims to be a force for change in the energy industry

DC

Leverage

Full Stack Engineer

Apply Now
DC

Bungalow

Operations Associate

Apply Now
Washington, D.C.

The Washington Post

Full Stack Developer

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!