Barely six months after its launch, Minneapolis women’s health startup
Ova Woman is taking the reins as a national thought leader on issues routinely — and entirely without justification — dismissed as taboo.
Elise Maxwell, Ova Woman founder and CEO (and full-time Carlson School of Management MBA student), calls Ova Woman “the [country’s] only comprehensive, puberty-to-post-menopause women’s health e-commerce community.”
Maxwell is funding Ova Woman with the proceeds from two entrepreneurship competitions — $5,000 from the 2015 Acara Challenge and $31,000 from the 2015 MN Cup — and a $5,000
Sands Fellowship grant. According to remarks at October’s Minnesota Venture Conference, she’s targeting a $500,000 raise by June of 2016 and $1.6 million by the end of 2017.
Ova Woman publishes a lively mix of frank, useful content through four professional, if not always polished, channels: the Ova Vlog, a video blog usually featuring Maxwell and at least one friend or colleague; Your Questions, Our Answers, an in-depth question-and-answer resource with input from clinicians; Ova Stories, a long-form content portal; and The Speculum podcast, which “explores different intimate health issues,” says Maxwell.
Ova Woman is unsparing in its treatment of taboo topics. The inaugural Speculum podcast, for instance, devotes more than 20 minutes to the topic of douching; the second gives similar play to genital exams and anatomical awareness.
Maxwell wants to turn Ova Woman into an authoritative resource for fact-based information about women’s health, including potentially embarrassing issues that many refrain from discussing in public.
When it comes to women’s health issues, “[t]rust shouldn’t just mean a medical practitioner’s voice,” says Maxwell. “Other women’s opinions and experiences are valuable as well.”
Maxwell stresses that Ova Woman’s content isn’t meant to replace or counterbalance clinical advice. In the short term, her aim is to create a friendly, useful portal that offers actionable advice: a crowd-sourced alternative to WebMD.
Ova Woman’s longer-term plan — and the reason for its ambitious fundraising goal — is to build out a comprehensive retail platform with common and lesser-known products for a wide range of women’s health needs. There’s a huge market to reach: More than 100 million U.S. women experience incontinence, painful intercourse or period leaks, according to Ova Woman.
Ova Woman won’t manufacture its own products, at least to start. Instead, Maxwell plans to aggregate the best women’s health gear on the market for sale on its website, along with detailed, unbiased educational material, reviews and testimonials culled from a growing network of Ova Woman product testers: a cross between Amazon and Consumer Reports, with a laser focus on women’s health.
If Ova Woman’s retailing efforts are successful, says Maxwell, the company may launch its own white label — literally stamping its seal of approval on the best women’s health products available.