First coined by entrepreneur Ida Tin in 2016, the term “FemTech” refers to products and services that support women’s health. Championing the idea of “built by women, for women,” FemTech startups are much likelier to be founded by female entrepreneurs. 70% of FemTech companies had at least one female founder, while non-FemTech companies hovered around 20%.
With?more than 3.9 billion women?who will be in need of care at various points in their lives,?FemTech companies are tackling some of the most pervasive healthcare issues that women face, including menstruation, fertility, childbirth, menopause, and more. They also emphasize the importance of data and science informing their product or service.
As a hotspot in healthcare, science, and technology, Arizona is perfectly suited for being a FemTech hub. Susan Sly,?Azin Radsan van Alebeek,?Melissa Lamson, and Mayor of PHX?Kate Gallego kicked off the first AZ FemTech conference, and oh boy, did?they hit it off!
With some markets forecasted in the billions, such as the menopause market,?estimated to be $600B, it will be interesting to see how these FemTech startups continue to grow. If you're interested in learning more, you want to make sure to sign up for the 2025 AZ FemTech conference ??
?? Will you be there in 2025??? Be sure to get on our mailing list today!
? https://lnkd.in/g5DFHje9
L - R: Tricia Benn, Kathleen Coover, Andrea (Andi) Huels, Mia Chorney, Erin Moran, Mitzi Krockover, MD, Lisa Larkin MD FACP NCMP, Melissa Lamson, City of Phoenix Mayor Kate Gallego, Susan Sly, Azin Radsan van Alebeek, Kristen Call, Jasmine B. Melisa Margraves, Beth Bergmann, Sharon Thompson, Shanelle Frisbie, Madison Soucie, Lisa Marceau, Harini Malik
SPONSORS: Blue Cross Blue Shield of Arizona, Bayless Ventures, Hewlett Packard Enterprise, AMD, STN Incorporated, PNC, Snell & Wilmer, Emmeline Ventures, Arizona Commerce Authority, The Pause Technologies Inc., Une Femme Wines