companies

Flo Health Exit Candidate Parent: Palta

Founded 2015
Employees 400+
Primary contact
27 Old Gloucester Street
WC1N 3AX London
United Kingdom
Links
https://flo.health/
Sections
🏦 Potential exit path: SPAC, IPO, M&A
Flo is one of the most popular women's health apps globally. It uses Data Science and AI to support women during their entire reproductive lives and provides curated cycle and ovulation tracking, personalized health insights, expert tips, and a private community for women to share their questions and concerns. The app prioritizes safety and keeps a sharp focus on being the most trusted digital source for women's health information. Flo is a part of Palta, a health & well-being technology company led by entrepreneurs on a mission to create a global positive impact.
Select partners: United Nations Population Fund (UNFPA), European Board & College of Obstetrics and Gynaecology (EBCOG), Bayer, Society of Endometriosis and Uterine Disorders (SEUD), Northwestern University, Texas Christian University, University of Adelaide, Phenomenal.
Select clients: EXNESS Group, League, Myovant Sciences, Fozzy, servers.com, SoftSwiss.
Founded 2015
Employees 400+
Primary contact
27 Old Gloucester Street
WC1N 3AX London
United Kingdom
Links
https://flo.health/
Sections

Funding 💰

Total $75.5M
Last round 🔗 $50
Series B
September 9, 2021.
Select investors Target Global, VNV Global, Elysium Venture Capital, Babylon Health, Lyft, Delivery Hero, Founders Fund, Flint Capital, Mangrove Capital Partners

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Millions of users: As of February 2022, Flo has more than 200 million installs and 43 million active users.
  • Global reach: Flo is currently available in 22 languages on iOS and Android. 55% of users are located in the US and Europe.
  • Recommended by doctors: In August 2021, Flo is recognized as the number 1 OB-GYN-recommended app for period and cycle tracking, based on a survey of 225 US OB-GYNs who recommend apps for period and cycle tracking.
  • It works: 79% say Flo helped improve their physical well-being, 95% say Flo improves their overall well-being, and 53% say Flo makes them more productive at work. Also, 28M women got pregnant while using Flo (the number indicates users who logged pregnancy in app during 2015-2022). 🔗

Video ▶️

Awards & Recognitions 🏆

  • 2019 CES Innovation Awards Honoree: Software and Mobile Apps 🔗
  • 2019 August Most Downloaded Health and Fitness App in Apple's App Store 🔗
  • 2018 Digital Health Awards: SILVER Mobile Application Health Records 🔗
  • 2017 Red Herring North America Award 🔗
  • 2017 Among App Annie's Top 5 Most Popular Health & Fitness Apps 🔗

Quotes 💬

“
Flo is a category-defining company in the femtech industry. As of this year, we're just starting to see a shift in startups addressing specific female health conditions - but there are very few companies that are addressing the root causes of these conditions. Flo's proactive platform is ahead of the curve, and has raised the bar for what consumers should expect from consumer health apps.
— Alexander Frolov, CEO and Co-founder of Target Global 🔗
“
Flo's long-term value and impact on its users is truly unmatched in the industry. With its deep medical expertise and advanced product, Flo is addressing a critical gap in preventative care, an area that has been neglected for far too long. Flo's strong position in this space and already impressive user base make the company well-positioned to continue to be a pioneer and true market leader over the coming years. We couldn't be more thrilled to contribute to the next stage of its evolution.
— Per Brilioth, CEO of VNV Global 🔗
Last update: August 17, 2022