She and her husband, Jeffrey Alvarez, managed to raise $6.5 million from investors after starting the business together in 2013...Precursor Ventures, said he decided to make a seed investment in Naya
Oh ok, so VC's do like it [1][2]. Despite what you hear it's a tiny subsection of startups that ever raise any money. Even harder for hardware startups.
The company was selling the Naya for $999 until Thursday, when it lowered the price temporarily to $649. A typical Medela pump is about $250...There’s a dedicated fan base among mothers who can afford it
Ah, got it. Their product is too expensive for too small of a market.
Today, Naya Health opened up the possibility for customers to register to buy one at least — no deposit required
Wait, they don't even have sales yet? If you go to the site you can buy one...
Look, the VC's that were acting like teenagers are slimeballs and anyone, regardless of your gender, race whatever has run into slimeball investors. I'm male and I've been sexually harassed or had a casually racist comment lobbed past me more times than I can count by a potential investor. It sucks.
It is not however why it's proving hard to close a massively risky, and I assume hugely expensive A round. This looks like submarine PR wrapped in an outrage sandwich.
[1]https://www.crunchbase.com/organization/naia-health/investor...
[2]https://techcrunch.com/2016/04/25/naya-health-raises-3-9-mil...