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FOLX Health Raises $25M Series A, Launches Product and Clinical Offerings for the LGBTQIA+ Community The First Major Queer and Trans Ventured Backed Company Now Offers Virtual Clinical Consultations and Prescriptions for Hormone Replacement Therapy and Sexual Health News provided by Share this article Share this article BOSTON, Feb. 2, 2021 /PRNewswire/ -- FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announces $25 million in new financing led by Bessemer Venture Partners. Existing investors Define Ventures ...

Folx Health raises $25 million for virtual clinical offerings and care for the LGBTQIA+ community Folx Health is leveraging the explosion of virtual care services to offer greater access to healthcare focused on the needs of the LGBTQIA+ community, and has raised $25 million in new funding to help it grow. It’s part of a revolution in care that’s targeting the needs of specific communities with access to physicians that understand those needs. And it’s all made possible by virtual interactions. “We have a good sense of the nature of the need and the depth of the pain in the community,...

Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Folx offers mail-order hormone replacement therapy. Folx This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Folx, a consumer healthcare startup for LGBTQIA+ patients, raised $25 million in Series A funding from Bessemer Venture Partners, the company said on Tuesday. The startup provides telemedicine visits for LGBTQIA+ patients in addi...

Better Days Ahead for Oaktree Acquisition (OACB), But Alphyn Capital is Prepared for a Black Swan Alphyn Capital Management, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 17.2% was recorded by the fund for the Q4 of 2020, above its S&P 500 benchmark that returned 11.7%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Alphyn Capital Management, in their Q4 2020 Investor Letter said that they placed a new position in a Special Purpose Acquisition Company, Oaktree A...

Share it The status of health tech after the pandemic was a key topic of discussion last week at CES, one of the largest technology shows in the world. It usually pulls thousands of attendees to Las Vegas but went completely virtual this year due to COVID-19. Amid new product announcements from smart home tech to autonomous robots, one major theme was sustainability of the unprecedented acceleration in the telehealth industry. Another topic of debate was how virtual care is shifting from a one-to-one modality to a more comprehensive care model and what artificial intelligence designers can ...