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Capital

Marani Health Secures $7.6 Million Seed Round

Marani Health, the Minneapolis-based AI-driven company focused on prenatal and postpartum care solutions, has announced a $7.6 million seed funding round. The round adds OneAlphaNorth Capital as a new strategic investor (joining previous investors SWL Healthcare Ventures and TFX Capital) and OneAlphaNorth Managing Director Brady Lipp to the company’s board of directors.

“Marani is committed to transforming the pregnancy care model by dramatically improving access, convenience, outcomes, and costs through our comprehensive digital prenatal and postpartum care portfolio,” Ann Holder, Marani founder and CEO said in a release. “This latest funding round and the board of directors addition position Marani to accelerate the development and launch of our platform for the benefit of patients, clinicians, payers, and investors.”

Marani Health says the funding will be used to, “support the development and launch of Marani’s digital prenatal and postpartum care platform.” The platform, which uses AI-driven data to deliver personalized prenatal and postpartum care, works with the M•other mobile app.

“The entire market of health monitoring and care for pregnant women and their babies is incredibly antiquated, which presents a tremendous opportunity for Marani to disrupt the standard of care and create an entirely new market focused on digital pregnancy and postpartum care solutions,” Brady Lipp said in the release. “I’m excited to play an integral role in helping guide Marani’s innovative solutions towards full commercialization and rapid growth.”

Earlier this year, Marani Health closed an oversubscribed $3.7 million raise.

For more information about Marani Health and the seed round, read the release below.

Minneapolis – November 16, 2021 – Marani Health, a digital prenatal and postpartum care solutions innovator, today announced the completion of a $7.6 million seed funding round, including new strategic investor OneAlphaNorth Capital, and the addition of OneAlphaNorth Managing Director Brady Lipp to Marani’s board of directors. One Alpha North joins existing investors SWL Healthcare Ventures and TFX Capital as investors in this round.

The funding will support the development and launch of Marani’s digital prenatal and postpartum care platform, which leverages artificial intelligence (AI)-driven insights for personalized, informed, and cost-effective prenatal and postpartum care. The platform combines the recently launched M•other consumer mobile app and a clinical care web portal, providing two-way communication and data sharing between a pregnant mother and her care team. The M•other app also provides valuable educational resources, including access to the full Mayo Clinic Guide to a Healthy Pregnancy book and pregnancy tracking tools.

“Marani is committed to transforming the pregnancy care model by dramatically improving access, convenience, outcomes, and costs through our comprehensive digital prenatal and postpartum care portfolio,” said Ann Holder, Marani founder and CEO. “This latest funding round and the board of directors addition position Marani to accelerate the development and launch of our platform for the benefit of patients, clinicians, payers, and investors.

The appointment of Brady Lipp further expands the Company’s depth of veteran business growth strategists represented on the board of directors. Brady brings more than 25 years of investment expertise, focused on markets with rapid growth potential and disruptive business models and technologies.

“The entire market of health monitoring and care for pregnant women and their babies is incredibly antiquated, which presents a tremendous opportunity for Marani to disrupt the standard of care and create an entirely new market focused on digital pregnancy and postpartum care solutions,” Brady explained. “I’m excited to play an integral role in helping guide Marani’s innovative solutions towards full commercialization and rapid growth.”

Shelly Lanning, founder of SWL Healthcare Ventures and Marani board of directors member and lead investor, commented: “Marani is committed to developing an innovative technology platform that provides key information at the right time to improve prenatal and postpartum care. As the healthcare landscape continues to rapidly shift away from traditional care settings and toward remote care solutions, Marani is poised to be a pioneer and partner in this change.”

About Marani

Headquartered in Minneapolis and co-founded by the Mayo Clinic, Marani is modernizing prenatal to postpartum pregnancy care for mothers and their babies by delivering revolutionary digital health care solutions. Through a comprehensive digital platform, AI-driven software, maternal wearable technology, and patient app, Marani is committed to improving the pregnancy journey and outcomes through personalized, informed, and cost-effective care.

Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and tech.mn. When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).