
Fertility tracking app Flo Health has raised $200 million in a Series C funding round, achieving a valuation of over $1 billion. This milestone makes Flo Health the first 'purely digital' femtech app to reach unicorn status. The London-based company, which boasts 70 million monthly active users, secured the investment from private equity firm General Atlantic. Flo Health expects to generate over $200 million in subscription revenue in 2024. The significant funding round highlights the growing interest and investment in the women's health market. Flo Health is also noted as the first femtech unicorn.
New York-based Spring Health, which offers a mental health app that matches patients with care providers, raised a $100M Series E at a $3.3B valuation (@_emmahinchliffe / Fortune) https://t.co/58Cw0Zfa5c 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/cPY9Q24s2r
New York's @spring_health became the latest startup in the mental health sector to raise big, locking up a $100M Series E at a $3.3B valuation. The sector has realized a trio of big raises in just the last several weeks. https://t.co/yFEGEAvlWF
🎉Congrats to @spring_health for not only a historic raise(!!) but for giving 10M+ people access to critical mental healthcare they deserve. As @aprilkoh_ said, they were “using AI (for good too) before it was cool” https://t.co/uWuVjeseAC @rethinkimpact @HeidiPatelSF







