$100 million new effort announced by Matti Navellou focused on transforming the health of women and girls around the world

ICONIQ Impact, the philanthropic arm of global investment firm ICONIQ, headed by Matti Navellou, has launched the Women’s Health Co-Lab, a major collaborative fund in partnership with Co-Impact, focused on transforming the health and agency of women and girls around the world.

The initiative aims to mobilize a total of $100 million for unrestricted funding to 22 organizations fighting the core drivers of health inequity—maternal health, sexual and reproductive health and rights, and gender-based violence.

Leading this ambitious effort are prominent philanthropic figures Melinda French Gates, Jennifer Gates Nassar, and Phoebe Gates, who joined forces as founding donors.

They are supported by a robust coalition of additional visionaries and families, including Tricia Black and Patrick Brogan, Marie Dageville, Rachel Markham and Cedric Dageville, Holly Fogle and Jeff Lieberman, Barrie Glabman and Adam Schwartz, Susan Long Hall and C. David Hall, Renee and Alexis Lê-Quôc, Aarti Lohia, Diksha and Divesh Makan, Samantha McManus and David Karp, Andrea Meditch, Rick and Nancy Moskovitz, Susan and Erin Samueli, and the Tullman family.

Together, these donors have already pledged over $70 million, demonstrating the potential for private capital to drive innovative solutions at scale and sending a clear signal to others within the philanthropic sector to join the cause.

The fund seeks to address entrenched challenges that millions of women and girls continue to face globally.

Every day, more than 800 women die from complications related to pregnancy and childbirth, a stark reminder of the unequal access to quality maternal care, particularly among Black, Indigenous, women of color, and women living in remote regions.

With maternal health as one of its pillars, the Co-Lab will channel support to six grantee organizations—including Every Mother Counts and the Maternal and Reproductive Health Research Collective—focused on strengthening health delivery systems, leveraging technology, scaling advocacy, and building the capacity of frontline health workers.

The grim outlook for sexual and reproductive health is equally urgent. By 2030, an estimated 470 million women may lack access to essential healthcare if current trends prevail.

The Co-Lab is partnering with 10 nonprofits, such as Americans for Contraception and Girl Effect, to expand healthcare access, produce targeted media campaigns, provide accurate reproductive information, and advocate for policy changes across the Global South.

Their mission centers on rights-based, accessible care, echoing the belief that reproductive health should be a guaranteed foundation—not a privilege reserved for the few.

Gender-based violence, affecting one in three women at some point in their lives, remains a pervasive threat both offline and online.

Here the Co-Lab supports six grantees, including Serenas and Ujamaa Africa, who are leading on the ground—driving policy, supporting survivors, empowering adolescent girls, and working to shift cultural and patriarchal norms among men and boys.

Philanthropic leaders agree that empowering local voices and resourcing community-driven solutions is critical to achieving lasting progress.

Notably, the fund encourages additional philanthropists—from major foundations to individuals—to join this effort, highlighting the importance of collective action and resource integration.

The announcement and direction of the Co-Lab epitomize ICONIQ Impact’s model, which centers on moving capital collaboratively and swiftly to those solving the world’s toughest challenges.

As ICONIQ co-founder Michael Anders emphasized, resources must be targeted where they can have truly transformative impact, and women’s health, seen as foundational to flourishing communities, deserves urgent attention.

The Women’s Health Co-Lab story is not just about capital flow. It signals a reckoning for the philanthropic sector, a clarion call to renew and strengthen its commitment to advancing health, safety, and autonomy for women and girls.

The initiative’s leaders are deeply focused on actionable change, putting unrestricted capital in the hands of organizations with a proven track record, guided by community expertise and lived experience.

Donors like Holly Fogle, co-principal for the Monarch Foundation, frame this as a defining moment—a chance to create the future by investing in the wellbeing of half the world’s population.

As the collaborative continues, it plans to highlight the work of its 22 grantees, catalyzing momentum and sharing results transparently with the public and sector peers.

Meanwhile, ICONIQ Impact’s platform remains open for new partners to join, amplifying the impact and broadening the vision: a world where women’s health is not an aspiration, but a given, and communities everywhere can benefit from the leadership, freedom, and safety of women and girls.

The progress to date—over $70 million raised, dozens of leading donors engaged, and urgent priorities funded—is a testament to what philanthropy, when driven by collaboration, can achieve in the face of persistent global inequity.