HOUSTON & RALEIGH – Committed to championing a unified femtech industry, co-founders of FemTech Focus, Dr. Brittany Barreto and Dr. Julie Hakim led the acquisition of Future of Femtech from Christina Vanvuren.
“We are thrilled to expand our resources to serve the Future of Femtech community, this is a natural progression for both organizations and a testament to our promise to grow and not fragment the industry when it’s time for one of us to pivot,” shares Dr. Brittany Barreto, Executive Director of FemTech Focus.
The global femtech market generated a revenue of $820.6 million in 2019 and is estimated to grow over $3.04 billion by the end of 2030. FemTech Focus, a 501(c)3 nonprofit, aims to decrease the barrier to marketplace for digital health and devices created for women’s health and wellness.
Dr. Julie Hakim, Medical Director of FemTech Focus states: “From my clinical practice to our research laboratory, the call for more solutions that serve girls and women’s wellness is accelerating, and we are thrilled to be supporting the movement in one additional capacity by hosting the Future of Femtech community.”
Historically women have been underrepresented and considered a niche, the growing femtech movement represents the robust need for the sector that is the combination of social impact and investment opportunities. This acquisition will allow FemTech Focus to boost the femtech industry and accelerate improvements in women’s lives and, by extension, those around them. Join the FemTech Focus network at www.FemTechFocus.org.
FEMTECH FOCUS FOUNDERS
Dr. Brittany Barreto and Dr. Julie Hakim are femtech experts on a mission to accelerate the trajectory and impact of the femtech space by providing much-needed resources to femtech founders. These innovative women came together to create FemTech Focus based on their common belief that femtech represents a much-needed departure from a mainstream male-centric market that has long overshadowed and underserved women’s health issues. Women represent over half of the world’s population and drive the world economy – a reality that makes the lack of focus on women’s health technology uncomfortably ironic, outdated, and overdue for disruption.