Meghan Markle’s new $103M business venture is backed by Amy Schumer, Connie Britton and more celebs

Importance Score: 45 / 100 🔵

Meghan Markle Invests in Women’s Health Startup Focused on Menopause

Meghan, the Duchess of Sussex, is backing companies that align with her values, recently investing in Midi Health, a women’s health startup specializing in virtual care for menopause. Fortune magazine reported the Duchess’s investment in the platform, which offers services to women aged 35 and older experiencing symptoms related to menopause. This move places Markle alongside other high-profile figures like Amy Schumer and Connie Britton, who previously contributed to a significant $63 million funding round, bringing the total investment in Midi Health to $103 million. Markle’s participation as an “angel investor” underscores her growing interest in female-led ventures and the expanding women’s health market.

Angel Investor Role and Financial Literacy Advocacy

Her role as an “angel investor” in Midi Health made headlines Tuesday.
She spoke to Fortune about not being “afraid to talk about finance.”

The former “Suits” actress conveyed to Fortune her belief that “women don’t need to be afraid to talk about finance.” She further stated, “Women need to see that they can build… And I think the more financial literacy we have, the stronger we’re going to be.” Fortune described Markle, 43, as an “angel investor,” a term denoting a high-net-worth individual who provides capital in exchange for equity in a company.

The Duchess of Sussex explained that more “financial literacy” will make women “stronger.”
“Women need to see that they can build,” she said.

Midi Health’s Expanding Investor Base

Representatives for Markle have not yet issued a public statement regarding the investment. Midi Health announced in September 2024 that over 80 individuals had invested in their venture, with investments ranging from $10,000 to upwards of $500,000.

Notable Investors and Company Mission

The company characterized its investor group as “high-powered … women leaders and icons spanning entertainment, professional sports, media, beauty and fashion, health and wellness, technology and business.”

Amy Schumer and more A-listers have also invested in Midi Health.
The company gives a virtual platform to women 35 and over experiencing menopause-related symptoms.

The announcement further detailed that the investors are comprised of “women aged 35 to 60+ and 40 percent people of color.” Additional prominent investors include fashion designer Tory Burch and Maya Harris, niece of former Vice President Kamala Harris.

Prior Investments and Entrepreneurial Ventures

Markle’s investment in Midi Health is consistent with her pattern of supporting female-led businesses.

Markle has invested in female-backed businesses before.
She is sharing conversations with “female entrepreneurs and friends” on her new podcast.

She previously invested in the coffee brand Clevr and haircare company Highbrow Hippie in 2020 and 2024, respectively. Last week, Markle launched her podcast, “Confessions of a Female Founder,” which explores how “female entrepreneurs and friends … turn[ed] small ideas into billion-dollar businesses.”

Expanding Business Portfolio

This investment is one of several recent ventures for the Duchess, coinciding with her “With Love, Meghan” Netflix docuseries, which premiered in March, and the launch of her lifestyle brand, As Ever, which released its initial product line the following month.

The “Suits” alum recently launched her own company, As Ever.
Many of the products were featured on her Netflix show, “With Love, Meghan.”

Addressing Work Ethic and Royal Transition

Markle has dismissed criticism regarding her active work life since she and her husband, Prince Harry, stepped back from royal duties and relocated to the United States in 2020. “I need to work, and I love to work,” she stated in a recent interview with the New York Times earlier this month. Markle emphasized that she has been employed since the age of 13 until she met Harry, 40, in 2016, highlighting her long-standing commitment to professional endeavors.

source: nypost.com


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