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Startups The PISLA Beat

The Pill Club is Revolutionizing Women’s Health with $41.9 Million in Funding

According to the U.S. Census Bureau, more than 19 million women living in the United States are in need of publicly funded contraception and live in contraceptive deserts. Of the 19 million, about 1.3 million of these women live in a county without a single health center offering the full range of contraceptive methods- making it even more difficult to gain access to the birth control they need.

To assuage this, The Pill Club was launched in 2016. This online resource offers a prescribing service, medication fulfillment, and free delivery of birth control care packages, according to their website. Today, the company announced that they have raised $41.9 million in Series B funding.

“The idea of creating more choice and flexibility across healthcare is long overdue,” CEO of the Pill Club and former Uber exec, Liz Meyerdirk told TechCrunch.

For our regular curation of must-read tech and innovation articles, the Plug In South LA Beat, we take a look at how The Pill Club plans to use this funding to make women’s healthcare accessible to all:

The Pill Club takes on primary care with $41.9M in fresh funding

Photo Credit: The Pill Club

Categories
Startups The PISLA Beat

Inside Bahiyah Yasmeen Robinson’s Quest to Solve VC’s Diversity Problem

In an entire venture capital industry worth almost $70 trillion, only 1.3% of assets are managed by women and POC, according to the nonprofit Knight Foundation.

To bridge this gap, Bahiyah Yasmeen Robinson created VC Include with the goal of accelerating investment into diverse managers: women, Black, Latinx, Indigenous, and LGBTQ. Her platform demonstrates that inclusion can promote higher return rates.

“Empowering organizations to utilize diversity as a driver for success needs to become a must-have feature for institutional investors,” Robinson told Forbes recently.

In today’s Plug In South LA Beat, we dive into how this innovative CEO is building a diverse VC ecosystem:

Meet the Female Founder and Impact Investor on a Mission to Expand Investment Opportunities for BIPOC and Female Venture Capital Managers