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Heranova Lifesciences
A Boston-based biotech company solely focused on developing integrated care solutions for women's health issues
About Heranova Lifesciences
Heranova Lifesciences is a biotechnology company established in June 2022, concentrating on creating integrated care solutions for women's health. With operational bases in both the United States and Asia, the firm maintains its headquarters in Burlington, Massachusetts. The company was founded by a team that includes Co-Founder & Chairwoman Penny Wan, Co-Founder & CEO Dr. Jonathan Y. Zhao, Co-Founder & Chief Development Officer Dr. Steve Landau, and Co-Founder Dr. Chun Zhang. Dr. Zhao's background includes 20 years in strategy and business development at multinational biopharmaceutical companies like Amgen and Pfizer, complemented by an MBA from MIT. Dr. Landau brings 25 years of biotechnology experience, having founded Convelo Therapeutics and led clinical trials for endometriosis at Praecis.
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The company's business model revolves around addressing unmet needs in women's healthcare by developing and commercializing a portfolio of diagnostics, therapeutics, and devices, generated through both in-house research and external partnerships. Heranova targets significant gaps in the market, particularly in endometriosis and female infertility. In December 2023, the company secured $13.5 million in a seed and seed+ financing round from institutional investors, including Pivotal bioVenture Partners China, Sinovation Ventures, Emerging Technology Partners, and Triwise Capital. This capital is allocated to launching a series of non-invasive endometriosis tests and advancing two therapeutic programs for endometriosis and bacterial vaginosis.
Heranova's product pipeline is focused on non-hormonal and non-antibiotic solutions. A key product in development is HerResolve™, a non-invasive, blood-based test for the detection and confirmation of endometriosis, a condition that affects up to 10% of reproductive-age women and often faces diagnostic delays of 8-12 years. The company launched an early access program for HerResolve™ in August 2024 and the LDT-validated version in the U.S. in March 2025. Other pipeline products include HerBiota™, an NGS-based test to assess the uterine microbiome for conditions like chronic endometritis, and HerTempo™, an algorithm-based assessment of ovarian reserve. The company actively seeks collaborations with academic and medical institutions to advance its research and product development.
At a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Burlington, United States
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 88.1/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Femtech, Biotech and Pharma, Hard Tech, Woman Founder, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Heranova Lifesciences.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Dec 2023 | $14M | $54M | Sinovation Ventures · TriWise Capital · Pivotal BioVenture Partners | ↗ |
| SEED✓Equity / VC | Mar 2023 | $10M | $40M | Sinovation Ventures · Pivotal BioVenture Partners | ↗ |
Growth signals
Latest recorded traffic for Heranova Lifesciences is 3.6K monthly website visits, up 56.5% over the last three months. Heranova Lifesciences's team grew 5.3% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Sinovation Ventures
Pivotal BioVenture Partners- TCTriWise Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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