Elvie
Pioneering smarter technology for women
- 201-500 employees
- B2C
- Manufacturing
- Femtech
- Wellbeing
- Farringdon, London, UK
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Company mission
To improve women's lives through smarter technology. In their own words: 'Women shouldn’t have to make do with shoddy design or pink spin-offs when there are self-driving cars in the world.'
Our take
It's now being recognised that women's health has been underinvested in for too long. That is changing, with the Femtech market (including fertility apps, maternal health and sexual wellbeing products) projected to be worth $50bn by 2025 (according to research by Frost & Sullivan).
Elvie are one of the only companies out there dedicating world class industrial engineering resources to making great products for women.
The company has made great hires, and the team is full of super experienced people with varied backgrounds (Dyson, Bosch, McKinsey, PepsiCo, Pernod Ricard).
Elvie has explored new markets and now targets other key areas of women's lives, further diversifying its product portfolio and drive growth via geographical expansion.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Share options: we want everyone to have a stake in our success
- 5=10 leave: 10 days’ additional leave on your 5th and 10th years of service!
- Generous employee and friends & family discounts on Elvie products
- An annual discretionary bonus scheme
- £100 contribution to your home working set up to spend as you see fit
- 25 days’ annual leave, plus bank holidays
- An annual personal development allowance of £200 and unlimited access to our learning and development platform, Learnerbly
- Generous parental leave policies; maternity, paternity/partner, shared & adoption
- 3 additional Elvie “in it together” bank holidays for 2022
- Healthcare plans, life insurance, and an employee assistance program for you and your family
- A tax-efficient group pension scheme
- Wellbeing support from YuLife and access to SmartHealth app with unlimited GP appointments for you and your family, plus various well-being initiatives throughout the year
- Group income protection; protect your salary if you get sick
- Lots of flexibility: whether it’s working from home, doing the school run, or life admin, we understand that flexibility is essential, and we trust you to do the right thing for you and us
- 8 extra life leave days; getting married, moving house, menopause or just things that you can’t put a label on that matter to you
- A free Elvie trainer for you to keep or give away when you join
- Lovely offices in great locations, with drinks and snacks provided, along with fun social events
Funding (last 2 of 8 rounds)
Apr 2024
$12.5m
LATE VC
Sep 2021
$16.5m
SERIES C
$153.8m
Total funding
This company has top investors
Leadership
Tania Boler
(Co-Founder & President)Initially served as the company's CEO. 12 years experience working for NGOs and the UN before founding Elvie in 2013. Internationally recognised women's health expert with a PhD in sexual health.
Alexander Asseily
(Co-Founder)Previously served as the company's Chairman. Founded Jawbone in 1998 (tech company that produced bluetooth earpieces). Also runs VC firm Zulu, which has made investments in companies like Improbable and Juul.