Evofem Lands $25,000,000 New Financing

  • Feed Type
  • Date
    12/8/2009
  • Company Name
    Evofem
  • Mailing Address
    4275 Executive Square La Jolla, CA 92037-1477
  • Company Description
    Evofem, Inc., formerly named Instead Inc., is dedicated to providing women with greater freedom, comfort and control of their reproductive and sexual health. We are dedicated and passionate about the struggles and issues of all women and are committed to improving the lives of those who need our help the most, not only through innovation but through charity, good will and working with other people and organizations who have the same mission as we do.
  • Website
    http://www.softcup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “This investment is a significant step in EVOFEM’s growth. We will now be able to proceed with a program we have been developing with Doctors without Borders (Médecins Sans Frontières) to get Amphora into the hands of women who need it in Africa,”
  • M&A Terms
  • Venture Investor
    Undisclosed