Foley & Lardner LLP represented Plume, the first and largest health tech company built for the transgender community, in its $24 million Series B funding round led by Transformation Capital. General Catalyst and Townhall Ventures also participated in the latest round.
Plume has fundamentally changed how trans folks seek and receive gender-affirming care. Plume plans to use the new funds to expand coverage throughout the U.S. and into virtual primary care, ensure Plume is covered by insurance, and provide the support that trans and gender diverse people and their families deserve.
Partner Thomas (T.J.) Ferrante, a member of Foley’s national Telemedicine & Digital Health Industry Team, assisted Plume on both its Series A and Series B funding rounds.
Foley’s Telemedicine & Digital Health Industry Team helps venture-backed and high-growth companies embrace emerging issues in virtual care, enabling them to provide innovative care for patients in new markets around the block and around the world. Foley is committed to helping entrepreneurs fulfill their goals of harnessing new technology to reach patients anywhere, delivering care without borders or geographic limitations. The firm helps create fully-fledged telemedicine offerings, providing end-to-end legal services by coupling precise strategic guidance with rapid turnarounds to maintain that sense of urgency necessary to launch new initiatives and remain competitive in the marketplace. Learn more at www.foley.com/telemedicine.
