Diana Health just closed a $55M Series C, and it lands like a wake-up call in a system that’s been asleep at the wheel. Maternal mortality in the U.S. runs 2x higher than other developed countries, more than 500 labor and delivery units have shut down in the past decade, and by 2050 the OBGYN shortage could hit 22,000. That’s not a broken system, it’s a system collapsing under its own weight. Diana Health isn’t here to patch leaks. They’re building a new foundation, one community, one partnership, one patient at a time.
CEO and co-founder Kate Condliffe brings serious operational DNA from Baby+Company and Clinton Health Access Initiative. Co-founder and chief growth officer Jim Corum sharpened his game at Vanderbilt, and together they’re pulling off a rare feat, scaling women’s health while keeping it personal. Add Kimberly Roberts (president and COO) with her healthcare exec track record, Lexi Mele-Algus (CPO) shaping the tech that actually works for patients, and Alina Schreiber (CFO) keeping the financials surgical, and you’ve got a leadership bench that feels more Fortune 500 than startup hustle. Executive chairman Jeffrey De Flavio, MD, brings AlleyCorp firepower and proven healthcare innovation chops to the mix.
The round was led by HealthQuest Capital, with returning believers Norwest Venture Partners, .406 Ventures, LRVHealth, and AlleyCorp doubling down. When investors return like clockwork across A ($11M), B ($34M), and now C ($55M), it’s not hype, it’s proof of execution. Diana Health has raised $101M to date. And the board just got heavier with Witney McKiernan from HealthQuest and Dr. Neel Shah from Maven Clinic, one of the sharpest minds in maternal health innovation.
Nine locations already span TN, FL, and TX, with Jacksonville opening in Nov. These aren’t just dots on a map, they’re lifelines. Partnerships with HCA TriStar, Cookeville Regional, and HCA Florida Memorial show hospitals are betting on this collaborative model where nurse midwives, OB-GYNs, and mental health pros work together instead of in silos. That’s leverage in a sector starved for efficiency.
Behind it all is tech that matters. A platform that integrates with hospital systems, pulls patient preferences into records in real time, automates charting, supports telehealth, and keeps engagement personal. It’s not another app, it’s infrastructure. It makes the care model scalable without stripping out humanity.
Series C fuels expansion: new communities, reopening shuttered OB-GYN clinics, adding services beyond maternity into full-spectrum women’s health, and deepening mental health integration. This is growth measured in outcomes and reach, not just revenue.
