MedCity News September 9, 2021
The funding round boosted Flo’s valuation to $800 million. It plans to put the funds toward new technical capabilities and new hires.
Period-tracking app Flo is now valued at $800 million, after closing a recent funding round. The startup recently raised a $50 million series B round, led by VNV Global and Target Global.
The London-based company, which was founded in 2016, claims its period-tracking app has drummed up 200 million users. It also has features for tracking a pregnancy, and makes predictions related to users’ cycles.
But the company has also faced some challenges related to its privacy practices. Earlier this year, Flo settled a lawsuit from the Federal Trade Commission after it allegedly shared information about users who...
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