With $110 million and a boost from Oprah, maternal health startup Maven hits $1B valuation

On Tuesday, maternal and family virtual care platform Maven Clinic raised $110 million in late-stage financing that vaults the company’s estimated value to more than $1 billion, a first for the field of women’s and family health.

The financing was co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors including Sequoia, Oak HC/FT, and Icon Ventures. It brings Maven’s total funding to more than $200 million. The company also added to its roster of celebrity investors with Oprah Winfrey joining the round, following previous backing from Mindy Kaling, Natalie Portman, and Reese Witherspoon.