Birth control delivery startup Nurx approaches $300M valuation

Nurx, citing 200,000 current patients and a monthly growth rate as high as 20%, has raised $32 million in Series C equity funding in a round co-led by existing investors Kleiner Perkins and Union Square Ventures. The company has also secured $20 million in debt financing, bringing total new capital to $52 million.

The San Francisco-based digital health startup, which seeks to make birth control more accessible and affordable by shipping it direct to consumers, has raised more than $90 million in debt and equity funding to date, with the latest infusion bringing its valuation to nearly $300 million, according to stock authorization filings uncovered by PitchBook. Nurx  declined to comment on its valuation.

The goal, Nurx chief executive officer Varsha Rao  explains, is to become a telehealth platform focused on all sensitive health needs.

Read the article at: TechCrunch

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