Flo Health Responds to Viral Male-Founded Femtech Funding Debate
Male-founded femtech firm Flo Health is urging investors to see the potential in the femtech space after a debate about its unicorn status went viral. The company recently secured over $200 million in Series C funding, making it the first consumer women’s health app to reach unicorn status.
Despite criticism from Female Invest cofounder Anna-Sophie Hartvigsen about male leadership and funding, Flo Health stands by its mission to address the longstanding neglect of women’s health. The company hopes its recent success will inspire more investment in this crucial area.
Female founders in the tech and healthcare industries have also spoken out about the challenges they face in securing funding. Dr. Rachael Grimaldi and Rachel Murphy both highlight the disparities in venture capital funding for women-founded startups, stressing the need for greater support and opportunities for female entrepreneurs.
