Menstrual cycle trackers are likely to get mixed reviews about their accuracy however that hasn’t had a lot impression on the recognition of these women’s health apps. Claiming it has reached a milestone of 10 million month-to-month lively customers, OWHealth, which developed Flo, closed a $5 million Series A round to increase its foothold within the U.S. market and help product improvement.
Flint Capital led the funding spherical alongside with Haxus Fund. One notable angel investor who took half within the spherical is supermodel Natalia Vodianova. The funding marked her first in a healthcare startup, a spokeswoman confirmed in an e-mail. Vodianova will participate in Flo’s marketing campaign to to extend consciousness and get younger women to really feel extra snug speaking about their sexual health.
Flo has advanced up to now yr from a interval tracker to incorporate extra info on ovulation and private health insights based mostly on the info customers punch into the app, a spokeswoman for the corporate famous in an e mail. The firm has additionally rolled out a personal group for its app customers the place they will talk about health-related considerations with specialists and different customers.
The healthcare startup additionally plans to associate with medical analysis establishments and universities to advance feminine health science, the spokeswoman famous.
“The company’s ultimate ambition is to become the number one female health platform in the world, with at least 100 million users,” she stated.
With her funding in OWHealth, Vodianova joins a rising record of celebrity angel investors.
Who are the celebrity healthcare investors?
Nasir “Nas” Jones is a hip hop artist, entrepreneur, and investor who founded Queensbridge Venture Partners. It backed PillPack, which seeks to disrupt the pharmacy area and make simplify a number of treatment prescriptions.
Actor Patrick Dempsey invested in Crowdmed, which makes use of a mixture of crowdsourcing and medical experience and know-how to unravel complicated medical instances.
Actor Jared Leto invested in Zenefits.
Mark Cuban of ABC’s Shark Tank and the proprietor of Dallas Mavericks proprietor has a clutch of healthcare startups in his portfolio resembling smartphone-enabled diagnostics enterprise Biomeme;, Internet of Things infrastructure enterprise Validic;, Healthcare Revenue Solutions; Genetesis — which provides physicians 3D visualization device for physicians; and extra lately, Denver-based clinical decision support health IT enterprise Matrix Analytics.