Reproductive Health Investors Alliance (RHIA)
Summary
An alliance of investors committed to advancing women’s reproductive health through capital allocation and shareholder advocacy.
Goal
10M USD commitment to invest in solutions (companies) addressing reproductive health access and affordability in the US
Call to Action
Family planning and access to equitable reproductive health services is an essential right that optimises the social, economic and environmental outcomes for women, families and whole communities. The markets for contraception and maternal health are dramatically undercapitalised.
Lead Organisation
Tara Health Foundation
Start Date
2018
Impact Regions
US (although companies can be international)
“Now is the time for action. We must move money towards the impact we care about”
Milestones and Progress:
November 2018 (Global GenderSmart Investing Summit)
Commitment announced
February 2020
Over 18 months, due diligence done on over 100 companies, with eight companies in the portfolio
Rhia Ventures is now raising a 30M fund
4.5M invested into individual companies so far
Tara Health Foundation made a commitment to be an anchor investor in the new fund at 5M. Saving half a million to be follow-on capital for those other companies that won't be part of the fund.
Impact Measurement and Key Metrics
The Rhia Ventures team is measuring the impact portfolio companies have on the development and commercialisation of 1) new, non-hormonal, woman controlled contraceptive devices, 2) new platforms for access to contraception and 3) equitable maternal health care products. They are also measuring the amount of capital that they can bring to the markets through the launch of the funds.