Hormonal · Sub-beat · Market Map

PCOS

Polycystic ovary syndrome affects roughly 1 in 10 women, is structurally under-diagnosed, and sits at the intersection of endocrinology, fertility, metabolic health, and mental health. The map is dense at the diagnostic edge (Oova, Mira, Hormona, Hertility, Inito), thin in the middle (May Health, Spruce), and beginning to consolidate around insurance-covered virtual care (Allara).
10
Companies
$303M
Disclosed funding
2
Clinical / pipeline
8
Commercial
5
Countries
6
Stage buckets
Capital concentration

Where the category sits on the maturity curve

Stage distribution across the indexed cohort. Each bar segment is a company count, ordered from pre-seed to public.

1
2
3
2
1
1
Pre-seed1
Seed2
Series A3
Series B2
Growth1
Public / Marketed1
The map

Companies by infrastructure lane

Infrastructure lane × stage. Cards ordered by maturity then disclosed funding within each row.

Diagnostics

5 companies

Mira Care

Growth

Quantitative hormonal health monitoring across all life stages

USA

Hertility

Series A

Female hormone and fertility health testing

UK$16.3M

Oova

Series A

At-home quantitative hormone testing; PCOS and fertility monitoring

USA$10.3M

Inito

Series A

4-hormone at-home fertility monitor; designed for irregular cycles including PCOS

India / USA$6M

Hormona

Seed

At-home urine hormone testing + AI-driven cycle tracking and insights

UK / Sweden$6.7M

Therapeutics

2 companies

Spruce Biosciences

Public / Marketed

Congenital adrenal hyperplasia (CAH – affects puberty onset) and PCOS with adrenal androgen excess

USA$200M

May Health (fka AblaCare)

Series B

PCOS-related infertility: ovarian rebalancing to restore natural ovulation

France$25M

Digital Health

2 companies

Allara Health

Series B

Virtual care for PCOS, endometriosis, hypothyroidism, hormonal conditions

USA$38.5M

Ashmi Health

Pre-seed

AI-driven hormonal health management app for PCOS

USA

Wellness & Consumer

1 company

MyOva

Seed

PCOS wellness supplements and education

UK
Signals

Recent funding & catalysts

  • Allara Health Digital Health
    Series B · $26M · Jan 2025
    Index Ventures (lead); GV (Google Ventures); Great Oaks VC; Humbition
    $38.5M total
  • Hertility Diagnostics
    Series A · Undisclosed · May 2025
    Various UK/EU VCs
    $16.3M total
  • Hormona Diagnostics
    Seed · $6.6M (£5M) · May 2025
    Voima Ventures (lead); SuperNode Global
    $6.7M total
  • May Health (fka AblaCare) Therapeutics
    Series B · $25M · May 2024
    Bpifrance (co-lead); Trill Impact (co-lead); Avestria Ventures; Kidron Capital Assets; Sofinnova Partners
    $25M total
Directory

All companies — sortable & filterable

Company LaneStage HQFunding LatestStatus
Spruce Biosciences
Congenital adrenal hyperplasia (CAH – affects puberty onset) and PCOS with adrenal androgen excess
TherapeuticsPublic / MarketedUSA (South San Francisco CA)$200MN/AMarketed products pipeline: Phase 3 adult CAH; Phase 2 pediatric CAH; Phase 2 PCOS data at ENDO 2024
Allara Health
Virtual care for PCOS, endometriosis, hypothyroidism, hormonal conditions
Digital HealthSeries BUSA (New York NY)$38.5MJan 2025Commercial – 4x revenue growth 2024; nationwide all 50 states
May Health (fka AblaCare)
PCOS-related infertility: ovarian rebalancing to restore natural ovulation
TherapeuticsSeries BFrance (Paris)$25MMay 2024Phase 2/3 clinical studies ongoing
Hertility
Female hormone and fertility health testing
DiagnosticsSeries AUK (London)$16.3MMay 2025Commercial
Oova
At-home quantitative hormone testing; PCOS and fertility monitoring
DiagnosticsSeries AUSA (New York NY)$10.3M2023Commercial
Hormona
At-home urine hormone testing + AI-driven cycle tracking and insights
DiagnosticsSeedUK / Sweden (London / Stockholm)$6.7MMay 2025Commercial – 2M+ data points; 185+ countries; SpaceX partnership
Inito
4-hormone at-home fertility monitor; designed for irregular cycles including PCOS
DiagnosticsSeries AIndia / USA (Bangalore / USA)$6M2023Commercial
Mira Care
Quantitative hormonal health monitoring across all life stages
DiagnosticsGrowthUSA (San Francisco CA)OngoingCommercial – Oura integration 2025; CES 2026 Innovation Award Honoree
Ashmi Health
AI-driven hormonal health management app for PCOS
Digital HealthPre-seedUSA (Boston MA)UnknownEarly / pilot stage
MyOva
PCOS wellness supplements and education
Wellness & ConsumerSeedUKN/ACommercial – DTC
10 of 10
Analyst POV

Where the white space is

The diagnostic land grab. Five at-home hormone testing players are converging on the same workflow. The differentiator is data depth (cycle-long quantitative) and the route to clinical action — partnerships with virtual care wins.

The therapeutic gap. Spruce's CRF1 antagonist and May Health's ovarian ablation are the only meaningful non-hormonal swings. Both are early. The next decade of value creation in PCOS depends on this lane filling out.

Virtual care is consolidating. Allara's Series B from Index and GV signals the playbook: multi-disciplinary, insurance-covered, all 50 states. Expect roll-ups of single-specialty competitors.

As of 2026-06-12 · 10 companies · The Index
Back to Hormonal