Folx Health Raises $30M In Series B Funding Led By 7Wireventures; Launches Expert-Led Support Groups For Lgbtqia+ Community
Amount Raised
$30 Million
Round Type
Series B
BostonHealthcareHealth CareDescription
FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30 million in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners. Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health's Board of Directors. With this capital, FOLX Health will continue expanding its best-in-class platform to service members, self-insured employers and their dedicated employee population.
Quick answer
FOLX HEALTH raised $30 Million in a Series B round, dated October 12, 2022. FOLX HEALTH is based in Boston, Massachusetts, United States.
- How much did FOLX HEALTH raise?
- FOLX HEALTH raised $30 Million in a Series B round on October 12, 2022.
- What does FOLX HEALTH do?
- Launched in December 2020, FOLX Health is an LGBTQIA+ healthcare service provider built to serve the community's specific needs.
- Where is FOLX HEALTH based and how big is it?
- FOLX HEALTH is based in Boston, Massachusetts, United States.
- Who are the decision-makers at FOLX HEALTH?
- Fundz holds 1 contact at FOLX HEALTH. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Health Care around the same time
Companies in the same sectors as FOLX HEALTH that raised within 45 days of this round, from Fundz verified event records.
- Epivara raised $97K (Seed) on November 23, 2022.
- Imagen Dental Partners raised $626K on November 22, 2022.
- Handl Health raised $120K on November 22, 2022.
- Imagen Dental Partners raised $93K on November 22, 2022.
- Citius Pharmaceuticals, Inc. raised $3.6M (Seed) on November 21, 2022.
- Parabilis Medicines raised $178M (Series D) on November 21, 2022.
Who to call at FOLX HEALTH, and when
A new round usually means FOLX HEALTH is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day FOLX HEALTH raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at FOLX HEALTH, from your own LinkedIn network
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Funding Insights
What this usually meansFOLX HEALTH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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