Serena Williams & Cuban invest $3 million to save lives of moms and babies


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Serena Williams & Cuban invest $3 million to save lives of moms and babies

Tennis legend Serena Williams and Mark Cuban, the owner of Dallas Mavericks, funded three million dollars in the account of Mahmee, a start-up who has the mission to connect moms and their babies to health care professionals 24/7 in order to assure their well-being before and after pregnancy.

Mahmee was founded by their current CEO, Melissa Hanna, together with her mother, Linda Hanna – a lactation and maternal health pioneer and Chief Nursing Officer -, and Mahmee’s CTO, Sunny Walia. Melissa Hanna shared what inspired her to launch the start-up: “Mahmee embodies the legacy of my mother’s work.

I realized her approach created much better outcomes for everyone involved in the maternal care journey. I told her that it should be happening at scale and technology is the solution”. Also, Hanna explained what Mahmee is all about: “In the maternity healthcare process, on the surface there are generally three or four people involved: The mother, the baby, and each of their physicians.

We don’t see the many other people helping them: Nurses, lactation consultants, midwives, nutritionists, therapists, doulas, home health aids, social workers, and more. This industry is lacking the IT infrastructure needed to connect these professionals, and to monitor patients across practices and health systems.

This creates gaps in care. Mahmee is the glue that connects the care ecosystem and closes the gaps”. Recently giving birth to her daughter – Alexis Olympia Ohanian Jr. -, Serena Williams empathized with the noble quest of Mahmee and decided, along businessman Mark Cuban, to gather no less $3 million dollars to help the start-up: “I am incredibly excited to invest and partner with Mahmee, a company that personifies my firm’s investment philosophy,” said Serena Williams, founder and CEO of Serena Ventures.

“According to the Center for Disease Control, for every five mothers dying in the United States from pregnancy and childbirth, three could have been saved”, was written in a recent Forbes article. All in all, this great investment is set to help clear out the struggles which mothers confront during their pregnancies and until their babies’ first birthday.