Fierce Health Technology September 9, 2021
The popular women’s health app Flo just got more personal as it gains traction in the femtech industry.
In its latest financing, Flo secured $50 million, the company announced Thursday. The series B funding round was led by VNV Global and Target Global and brings its total capital raised to $65 million. The startup is now valued at $800 million, according to company executives.
The financing will be used to enhance the app’s personalization capabilities and provide users with advanced insights and patterns to their menstrual cycles and overall health. The app tracks cycles and symptom patterns, using AI to provide users with period and ovulation predictions.
The London-based company also plans to grow its headcount in various product, engineering...