Serena Williams, Mark Cuban invest in company working to end black maternal mortality
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Tennis champion Serena Williams and Dallas Mavericks owner Mark CubanMark CubanMark Cuban endorses Biden on Hannity: He 'actually wants to run a country' The Hill's Campaign Report: Republicans go on the hunt for new convention site Mark Cuban says he's decided not to run for president MORE have both invested in Mahmee, a company working to end maternal mortality, which just ended a $3 million funding round.

“I am incredibly excited to invest and partner with Mahmee, a company that personifies my firm’s investment philosophy,” Williams, who donated through her organization, Serena Ventures, said in a Monday statement from the company. “Given the bleak data surrounding maternal death and injury rates, I believe that it is absolutely critical right now to invest in solutions that help protect the lives of moms and babies." 

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Black mothers are three to four times more likely to die during childbirth than white ones, according to the Centers for Disease Control and Prevention.

Williams shared that she almost died after giving birth to her daughter in a personal essay published last year on CNN.com, detailing that 24 hours after her delivery she suffered from a blood clot in her abdomen.

Mahmee builds an “online dashboard” to connect mothers and infants with health care professionals, with technology that “proactively engages, checks on and monitors patients through 'maternity coaches' and escalates concerns to doctors so that mom and baby's care plan stays up to date and critical red flags aren't missed,” according to the press release. The service is sold through hospitals and health systems.

Cuban praised Mahmee’s “tech solution.”  

“My investment reflects my confidence in the strength of this team, and the value of their mission: to fill a major gap in the existing health care system that very few others are tackling," the "Shark Tank" co-host said. "This tech solution is helping usher in the future of maternity health care."  

Mahmee said the funding round will be used to grow the company’s team of engineers, clinicians and sales staff. 

Black maternal mortality has been the subject of legislation and investigations on Capitol Hill this year. Rep. Ayanna PressleyAyanna PressleyPressley hits DeVos over reopening schools: 'I wouldn't trust you to care for a house plant let alone my child' The Hill's Campaign Report: Colorado, Utah primary results bring upsets, intrigue Progressives zero in on another House chairman in primary MORE (D-Mass.) and 2020 hopeful Sen. Cory BookerCory Anthony BookerIn politics, as in baseball, it ain't over till it's over Democrats blast Trump for commuting Roger Stone: 'The most corrupt president in history' Koch-backed group urges Senate to oppose 'bailouts' of states in new ads MORE (D-N.J.) have introduced the Healthy MOMMIES Act, which expands Medicaid coverage to prenatal, labor and postpartum care, while Reps. Lauren UnderwoodLauren UnderwoodThe Hill's 12:30 Report - Presented by Facebook - Trump wins by losing in the Supreme Court The Hill's Morning Report - Presented by Facebook - Trump takes on CDC over schools The Hill's Coronavirus Report: Teachers' union President Randi Weingarten calls Trump administration plan to reopen schools 'a train wreck'; US surpasses 3 million COVID-19 cases MORE (D-Ill.) and Alma AdamsAlma Shealey AdamsCongresswoman accidentally tweets of death of Rep. John Lewis, who's still alive Help reverse devastating health disparities by supporting the Black Maternal Health Momnibus Act Democrats press OSHA official on issuing an Emergency Temporary Standard MORE (D-N.C.) formed the Black Maternal Health Caucus in April.