Hyivy Health Raises $2 Million to Develop Pelvic Health Rehabilitation System

Hyivy Health CEO & Founder Rachel Bartholomew ● Photo Credit: Hyivy Health 

KITCHENER, Ontario, September 30, 2024 (VSNewsNetwork.com) – Hyivy Health, a FemTech startup, has secured $2 million in seed funding to advance the Hyivy Pelvic Health Rehabilitation System, a new solution aimed at addressing pelvic floor dysfunction and chronic pelvic pain. The funding round was led by Zcube – Zambon Research Venture, with participation from Beresford Ventures, FACIT, Women’s Equity Lab, and Chai Ventures.

“Since its participation in the Zcube’s Open Accelerator program in 2020, the innovative potential of this startup has been of great interest to us. We believe strongly in Hyivy Health and are delighted that Zcube is part of this exciting journey that continues to be marked by important clinical and financial milestones,” said Andrea D’Alessandro, President of Zcube.

Hyivy Health, led by founder and CEO Rachel Bartholomew, has received Health Canada approval for investigational use and is conducting two clinical trials. One of these trials, in collaboration with Grand River Hospital Regional Cancer Centre, focuses on improving care for gynecological and colorectal patients. Another trial, led by Dr. Mathew Leonardi at McMaster University, targets pelvic pain in endometriosis patients and evaluates Hyivy’s technology as a tool for pain management.

"When I founded Hyivy Health four years ago, I knew I was addressing an unmet need for women with chronic pelvic pain, but I couldn’t have imagined the overwhelmingly positive response from clinical researchers who see a multitude of opportunities in taking advantage of our technology," said Bartholomew.

Hyivy’s system offers a comprehensive solution, integrating real-time monitoring, therapeutic intervention, and diagnostic tools through a clinician software portal, allowing patients to manage their condition from home. The system provides data on over 51 conditions related to pelvic pain, making it a potential game-changer for both diagnostics and treatment.

"Hyivy Health stands out as one of the key drivers in the industry with the unique potential to transform the pelvic health medical system. The power of the solutions, research, and data accumulated that can be put into action is like nothing I’ve seen across my career," said Dr. Michael Krychman, OBGYN and Executive Director of the SoCal Center for Sexual Health and Survivorship Medicine.

Hyivy Health plans to launch its system in the U.S., starting with clinics in California. The company is working to integrate its solution into existing reimbursement models to make it both effective and affordable.

For more information about Hyivy Health and its Pelvic Health Rehabilitation System, visit the company's website.

Source: Hyivy Health