Jannine Versi, Elektra Health, on smashing the menopause taboo
The Pulse by Wharton Digital Health - A podcast by The Pulse by Wharton Digital H
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In this episode, Sandy interviews Jannine Versi, COO & Co-Founder of Elektra Health. Elektra Health is on a mission to smash the menopause taboo by empowering 50M women in the US today navigating menopause with a full-stack digital solution. Elektra has been featured in Forbes, Pitchbook, the Financial Times and Crunchbase, and was selected as a "recommended platform" by both Katie Couric and Maria Shriver. Prior to Elektra Health, Jannine held positions at Google, The White House in the Obama Administration, U.S. Department of Commerce, and Cityblock Health. Jannine earned her BA from University of Pennsylvania and her MBA from Harvard Business School, and was a Fulbright Scholar in India. In this episode, we discussed: -- What exactly perimenopause and menopause are, how women typically experience it over the course of 10 years, and the immense purchasing and decision-making power of this consumer -- Why the menopause space is highly-underfunded relative to the growing “femtech” category -- Chronic confusion around and lack of training for menopause care across OB-GYN providers, contributing to a lack of high-quality, evidence-based, content and care for menopausal women as they enter the second half of their lives: the very problem Elektra is trying to solve -- The high economic cost to payers and poor downstream outcomes of untreated menopause symptoms: $2,100+ PPPY, on par with uncontrolled hypertension -- Elektra’s early success in building a full-stack, digital solution including a telemedicine clinic with a distinctive NPS of 91, a cult-like following for its 1:1 and 1:many on-demand and live offerings, and expanding from DTC to B2B2C as forward-leaning enterprise partners seek to invest in female populations during this pivotal phase of life -- Three tokens of advice to female founders on battling imposter syndrome and staying grounded throughout the exuberant and tumultuous entrepreneurial journey