Based in London Flo Healthprovider of a popular women’s health app, announced On Tuesday, the company raised greater than $200 million in a Series C funding round backed by General of the Atlantic.
The funding values the company at over $1 billion, making it, in Flo’s words, “the first all-digital consumer app for women to achieve unicorn status.” To date, Flo has raised at least $275 million in known funding.
Founded in 2015, Flo has since cemented its status as the most widely known and used of the larger group of girls’s health apps. While best known as an ovulation and menstrual cycle tracker, the app also provides a wealth of other health information for users.
Revenue has followed suit, too. The company now says it serves near 70 million monthly energetic users and near 5 million paid subscribers. Bookings are expected to exceed $200 million in 2024 — up about 50% yr over yr.
Flo’s round is the largest of several large funding rounds in recent quarters for startups focused on women’s health. Using Crunchbase dataWe have prepared a list of 12 such financing rounds from the last two years.
The list includes the following items:
- Maven Clinicdigital health platform for women and family, raised $292 million to this pointincluding $90 million E-Series at the end of 2022.
- Kindbody bodyThe infertility clinic that provides its services as an worker profit has raised greater than $200 million in equity capital to this point.
- GynecologyThe company, which is developing an incision-free method for treating intrauterine fibroids, has raised greater than $300 million in equity capital to this point.
- Natural cyclesa medical app that uses body temperature to trace fertility status raised $55 million in May C Series round.
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