Aspira Women's Health

Aspira Women's Health

AWH
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Private Company

Total funding raised: $25M

Founded: 1999Employees: 50-200HQ: Austin, United States

Overview

Aspira Women's Health is a public company focused on transforming the clinical management of ovarian adnexal masses through its AI-driven multivariate index assays (MIAs). Its core achievement is the commercial OvaSuite portfolio, including Ova1, Overa, and OvaWatch, which have demonstrated superior sensitivity over CA-125 alone and are supported by over 200,000 tests performed. The company's strategy centers on expanding adoption of its tests within established clinical guidelines, leveraging its growing dataset to refine its algorithms, and pursuing new biomarker discoveries to solidify its leadership in gynecologic diagnostics.

Gynecologic OncologyOvarian Cancer

Technology Platform

A proprietary, AI-driven bioinformatics platform that analyzes multiple serum biomarkers, patient demographics, and clinical data to generate personalized risk scores for ovarian cancer in women with adnexal masses.

Funding History

2
Total raised:$25M
PIPE$10M
IPO$15M

Opportunities

Significant market opportunity in the over 1 million annual U.S.
adnexal mass evaluations, with potential to reduce unnecessary surgeries and improve specialist referrals.
Expansion of OvaWatch for longitudinal monitoring and integration into clinical guidelines like O-RADS are key growth drivers.
The AI platform offers potential for expansion into other gynecologic diagnostic areas.

Risk Factors

Heavy reliance on commercial adoption by clinicians and stable reimbursement from payers.
Faces competition from standard imaging/CA-125, other biomarker tests like ROMA, and emerging AI-radiology tools.
As a pre-profit public company, it carries financial sustainability risk dependent on capital markets and managing cash burn.

Competitive Landscape

Competes primarily against the standard of care (ultrasound + CA-125) and the ROMA test. Differentiates with superior sensitivity data, a full product suite for both surgical and monitoring pathways, and a proprietary AI platform fueled by over 200,000 tests. Long-term competition may come from advanced imaging AI and liquid biopsy technologies.

Company Timeline

1999Founded

Founded in Austin, United States

2020IPO

IPO — $15.0M

2021PIPE

PIPE: $10.0M