In 2024, the women’s health tech sector pulled in an impressive $1.8 billion in funding. However, a staggering 70% of FemTech startups fall short due to avoidable financial pitfalls. During a transformative session of Women’s Health Tech Wednesday (WHTW), host Nina Joshi engaged two seasoned financial strategists, Kaitlin Chefalas, Senior Audit Manager, and Luca Panarelli, Tax Partner at Withum. Their discussion unveiled the hidden financial traps that can derail promising innovations in women’s health and shared insider strategies to ensure sustained success.

“You don’t want to necessarily have to deal with this big exposure that you didn’t see coming at the 11th hour.” — Luca Panarelli