Axena Health raises $25 million to support digital pelvic floor therapy

Axena Health, a digital health care provider for women’s pelvic diseases, announced a $25 million Series A investment from XA IM Alts.

WHAT ARE THEY DOING

Axena offers Leva Pelvic Health System, a prescription digital therapeutic drug designed to treat urinary and chronic fecal incontinence in women. The system that received FDA 510(k) approval includes a vaginal motion sensor that connects to the app to help users exercise their pelvic floor muscles.

According to an Axena representative, the company purchased the system from Renovia, which developed and marketed Leva before shutting down last year. Renovia previously raised $17 million in Series C-1 funding in 2021 and $32.3 million in Series B funding in 2018.

“We are focused on bringing together the latest technology, rigorous, peer-reviewed data and best practices in patient support to shed light on what remains a vastly under-appreciated area of ​​women’s health,” said Dr. Samantha Pulliam, Chief Medical Officer, Axena Health. in a statement. “The Leva Pelvic Health System can help women ease the burden of urinary incontinence at home, according to their own schedule, and allow them to resume activities that make them feel whole. We are pleased that we have the opportunity to provide these benefits. more women here in the US, and soon all over the world.”

MARKET REVIEW

A a 2014 study published in obstetrics and gynecology found that pelvic floor disorders in women in the US were fairly common, with 17.1% reporting moderate to severe urinary incontinence and 9.4% coping with fecal incontinence at least monthly.

Digital musculoskeletal care companies Last year, Hinge Health and Sword Health launched their own pelvic health programs. Sword’s Bloom program includes a sensor that measures pelvic floor pressure and endurance and connects an app so users can get feedback on their exercises.

The Hinge offering is available on the same platform as the rest of MSK’s tools and includes educational content and access to a care team of physical therapists, women’s health coaches and urogynecologists.

Women’s health technology company Elvie also manufactures a connected pelvic floor trainer, and fertility startup kegg also offers pelvic floor exercise technology.