# Plume

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plume

- Industry: Healthcare IT
- Headquarters: Denver, US
- Website: www.getplume.co
- Total disclosed funding: $38M
- Latest round: Series B (Jul 25, 2022)
- Investors on record: 6

## About

Based in the US, Plume, Inc. is a provider of telehealth services specializing in gender-affirming hormone therapy for transgender and gender non-conforming individuals, ensuring personalized care and support throughout their transition journeys.Plume, Inc. offers virtual healthcare services focused on gender-affirming hormone therapy. Founded in 2019, the company is headquartered in Denver, US. The team includes co-founders Jerrica Kirkley, Matthew Wetschler, and Max Scanlon. In July 2022, Plume raised USD 23.73 mn in Series B funding led by Transformation Capital, with participation from General Catalyst Partners, Gaingels Syndicate, and Town Hall Ventures. To date, the company has successfully completed two funding rounds, raising a total of USD 23.73 mn at a current valuation of USD 63.10 mn.Plume Health provides virtual gender-affirming hormone therapy and comprehensive care exclusively for transgender and gender non-conforming individuals. Their core offerings include hormone therapy, transition support, and mental health services, such as anxiety and depression management. By leveraging a telehealth model, Plume Health allows clients to access necessary care without the barriers of in-person visits, serving a diverse clientele across multiple states in the U.S. The clinic focuses on creating a trans-centered approach that prioritizes community and support, empowering users throughout their transition journeys with tailored care solutions that enhance well-being.Plume Health operates on a revenue model centered around direct-to-consumer transactions for its subscription-based services. Clients engage with the clinic to receive gender-affirming hormone therapy and additional health services, with the option to utilize insurance for payment. This structure facilitates a seamless interaction where clients can select membership plans that provide access to various services, including support groups and wellness resources. While specific pricing details are not publicly disclosed, the subscription model ensures a consistent revenue stream for the clinic while enabling ongoing care for clients, positioning it favorably within the healthcare landscape.In July 2022, Plume, Inc. raised USD 23.73 mn in Series B funding to enhance its service offerings and expand its business reach nationwide. The funding will support the development of new products and services aimed at better serving its clientele. Specifically, Plume is targeting expansion into additional states to increase accessibility to its gender-affirming care. The company continues to prioritize the unique healthcare needs of the transgender community as it seeks to broaden its impact and service availability across the U.S.

## Funding rounds

- Series B, Jul 25, 2022, $24M — General Catalyst Partners, Transformation Capital, Gaingels, Town Hall Ventures
- Series A, Feb 2, 2021, $14M — General Catalyst Partners, Slow, Craft Ventures, Town Hall Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B
- Slow (https://capitalatlas.ai/funds/slow) — Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A
- Town Hall Ventures (https://capitalatlas.ai/funds/town-hall-ventures) — Series A, Series B
- Transformation Capital (https://capitalatlas.ai/funds/transformation-capital) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B