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At a Glance

Check Size
$. – $.
Stage
Pre-Seed, Seed, Series A, Series B+
Sectors
Digital Health, Biotech
HQ
Short Hills, NJ

About FemHealth Ventures

FemHealth Ventures is a women's health venture capital firm investing from pre-seed and seed through Series A and later rounds, across digital health and the wider medical technology, diagnostics and therapeutics stack. Its stated aim is to transform women's health by backing groundbreaking health solutions while achieving exceptional financial returns, addressing healthcare gaps that affect half the population.

The firm's differentiator is an intellectual framework it authored rather than borrowed. Published in 2019 as the FemHealth Framework, it defines women's health in three categories: conditions appearing only in women, such as endometriosis, polycystic ovarian syndrome and cervical cancer; mostly in women, such as breast cancer, lupus and multiple sclerosis; and differently in women, such as heart disease, diabetes and asthma. The firm notes the framework has since been widely adopted across the industry. The underlying argument is cellular: every cell in a woman's body carries a different chromosomal makeup than a man's, so the same disease can present differently and require a distinct treatment paradigm. That third category is what separates the thesis from conventional femtech, which concentrates on reproductive health alone.

FemHealth sizes the market using third-party data: women are 50 percent of global healthcare customers per Frost & Sullivan, $500 billion in annual medical expense is attributed to women's healthcare per PitchBook, and more than 4,000 women's health deals have closed. Managing partner Maneesha Ghiya has raised two funds, totalling roughly $52 million in reported proceeds, from Short Hills, New Jersey. Portfolio companies include Imperative Care, Ossium Health, Evommune, Mendaera, Sequel Med Tech, Reunion Neuroscience, AOA Dx and Gynesonics, which has been acquired.

Investment Thesis

“Focuses on investing in women's health and femtech startups addressing healthcare gaps for women.”

Leadership Team

Maneesha Ghiya is managing partner and is the named executive officer on both fund filings. Sara Crown Star is a venture partner, Katie Gilbert is an investor and Susanne Seripiero is executive administrator, a four-person investment team running roughly $52 million.

The firm leans on an unusually clinical advisory board for a fund this size. It includes Greg Brown, MD, described as a healthcare royalty investing pioneer; Rache Simmons, MD, a breast cancer surgeon; Randy Cohen, PhD, a Harvard Business School professor; Nisha Chakravarty, EdD, a Wharton lecturer; Katherine Kalin, a former McKinsey partner and pharmaceutical executive; biotech chief executive Sean Ainsworth; and private equity investor Stephan Oppenheimer.

Sector Focus

Investment Stage

Notable Portfolio Companies

IImperative Care
OOssium Health
EEvommune
MMendaera
SSequel Med Tech
RReunion Neuroscience
GGynesonics
AAOA Dx

Fund History

FemHealth has raised two funds, both filed from Short Hills, New Jersey and both signed by Maneesha Ghiya. Fund I began selling in October 2021 and reported $11.94 million sold by its October 2022 amendment. Fund II began selling in December 2024 and reported $39.9 million by its September 2025 amendment, more than tripling the debut vehicle and putting roughly $51.8 million of reported proceeds behind the strategy.

Both funds are structured with a FemHealth Ventures GP entity and FemHealth Ventures Management LLC as promoter. The mandate runs from pre-seed and seed into Series A and later rounds, concentrated on women's health devices, diagnostics and therapeutics rather than consumer femtech apps. The firm's stated aim is to transform women's health while achieving exceptional financial returns, and it sizes the opportunity using third-party figures: women are 50 percent of global healthcare customers per Frost & Sullivan, $500 billion in annual US medical expense is attributed to women's healthcare per PitchBook, and more than 4,000 women's health deals have closed.

SEC Fund Filings

Vehicles filed, last 24 months
1
Latest filing

FemHealth Ventures filed a Form D for 1 fund vehicle between Sep 26, 2024 and Sep 25, 2026.

Fund vehicleSource
FemHealth Ventures Fund II LPSEC Form D, filed

A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.

Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to FemHealth Ventures by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.

Frequently Asked Questions

What stage does FemHealth Ventures invest at?

FemHealth Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.

Where is FemHealth Ventures located?

FemHealth Ventures is headquartered in Short Hills, NJ. Many of their portfolio companies are also based in this region, though they invest across geographies.

What sectors does FemHealth Ventures focus on?

FemHealth Ventures focuses on investments in Digital Health, Biotech. Their portfolio reflects deep expertise and networks within these sectors.

What is FemHealth Ventures's typical check size?

FemHealth Ventures's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.

Fund Operations Resources

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