Materna Medical: Funding, Investors & Team (Oct 2026)
Materna Medical is a company that specializes in medical devices aimed at preserving and caring for women's pelvic health. In 2018, our team introduced Milli, the first expanding vaginal dilator designed to alleviate pelvic pain for a wider audience. Additionally, we are currently running a clinical trial for Materna Prep, a device intended for use during the early stages of labor to speed up delivery and reduce the risk of internal damage in the mother's pelvic area. The birth device from Materna offers significant health advantages to patients, saves time for healthcare providers, can shorten delivery times, and will result in cost savings for the healthcare system by reducing pelvic injuries. Moreover, with over 20 million women experiencing pelvic pain and discomfort during intercourse, Milli stands out as the most gentle and preferred vaginal dilator compared to the static, graduated dilator sets commonly used in healthcare settings.
Materna Medical has raised $28.4M across 2 funding rounds on record, the most recent a Series B of $20.0M announced in May 2024.
That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.
Materna Medical Company Profile and Key Stats
Latest funding round on record: May 2024.
Materna Medical Funding Rounds
Materna Medical raised $8.4M in a Series A announced in Apr 2021.
3.1 years later, a Series B of $20.0M was announced in May 2024.
Materna Medical Founders and Leadership Team
No contact details are on record for this team yet.
Materna Medical Funding Compared to Other Health Care Startups
Materna Medical's latest round of $20.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Materna Medical Funding FAQs
What does Materna Medical do?
Materna Medical is a company that specializes in medical devices aimed at preserving and caring for women's pelvic health. In 2018, our team introduced Milli, the first expanding vaginal dilator designed to alleviate pelvic pain for a wider audience. Additionally, we are currently running a clinical trial for Materna Prep, a device intended for use during the early stages of labor to speed up delivery and reduce the risk of internal damage in the mother's pelvic area. The birth device from Materna offers significant health advantages to patients, saves time for healthcare providers, can shorten delivery times, and will result in cost savings for the healthcare system by reducing pelvic injuries. Moreover, with over 20 million women experiencing pelvic pain and discomfort during intercourse, Milli stands out as the most gentle and preferred vaginal dilator compared to the static, graduated dilator sets commonly used in healthcare settings.
How much funding has Materna Medical raised?
Materna Medical has raised $28.4M across 2 rounds on record. The most recent is a Series B of $20.0M announced in May 2024.
When did Materna Medical last raise funding?
Materna Medical's most recent funding round on record is a Series B of $20.0M, announced in May 2024.
Who founded Materna Medical?
FundedIQ lists Tracy Macneal (Founder) at Materna Medical.
Where is Materna Medical headquartered?
Materna Medical is based in Mountain View, California, United States.
How many employees does Materna Medical have?
Materna Medical is in the 11-50 employee band.
How does Materna Medical's funding compare to other Health Care startups?
Materna Medical's latest round of $20.0M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.
About FundedIQ's Materna Medical Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Materna Medical is left off this page rather than filled in.
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