Flo Achieves Unicorn Status With US$200 Million Series C Funding

Flo, a women’s health app, secured unicorn status with a US$200 million Series C round, raising its valuation to over US$1 billion. Launched in 2016, Flo has over 100 million downloads. The funding, led by General Atlantic, will help Flo reach one billion users globally by offering free premium access in 66 countries. This milestone underscores Flo's impact in prioritizing women’s health worldwide. 

Flo helps women by providing a comprehensive platform to monitor symptoms related to menstruation, conception, pregnancy, and menopause. It offers personalized health insights, expert tips, and a supportive digital community. This enables women to better understand and manage their health and make informed decisions.

Dmitry Gurski, Co-Founder and CEO, Flo Health, highlighted the app’s 100 million downloads as significant for the femtech industry. "We identified a huge gap in women’s health services. Now, we are a leader in a global movement to make women’s health a priority everywhere," Gurski said.

Flo aims to reach one billion users globally through a new initiative providing free access to its premium tier in 66 countries, reports UK Tech. 

The funding round was led by New York-based private equity firm General Atlantic. Jessie Cai, Principal, General Atlantic, emphasized Flo's leadership in the sector and expressed excitement about supporting its growth and innovation in the women’s health and wellness ecosystem.