Elvie

company

About

Elvie is a British femtech company developing smart technology for women.

  • 251 - 500

Details

Last Funding Type
Seed
Last Funding Money Raised
£2.40M
Industries
Apps,Hardware,Software,Wearables
Founded date
Aug 1, 2013
Number Of Employee
251 - 500
Operating Status
Active

Elvie is a health and lifestyle brand developing smarter technology for women. We are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life.

Our first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, we took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, IDA Design Award and Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups’, named as one of the 15 start-ups “To Watch” by The Sunday Times and both products have been featured in the Oscar Nominee Gift Bags.

We recently launched our second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas.
In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures. This represented the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts, as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe and Asia.

Headquartered in London, UK with offices also in New York City, the company has received numerous awards and raised more than $52m in investment.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
£65.40M $42M
Elvie has raised a total of £65.40M $42M in funding over 2 rounds. Their latest funding was raised on Jul 27, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 27, 2021 Series C £58M 1 Detail
Apr 2, 2019 Series B $42M 1 Detail
Mar 22, 2017 Series A £5M 1 Octopus Ventures Detail
May 1, 2014 Seed £2.40M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Elvie is funded by 2 investors. Octopus Ventures and NJF Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Octopus Ventures Series C
NJF Capital Seed