Cycle-tracking app Flo raises $50M
The funding round boosted Flo’s valuation to $800 million. It plans to put the funds toward new technical capabilities and new hires.
The funding round boosted Flo’s valuation to $800 million. It plans to put the funds toward new technical capabilities and new hires.
Flo, a popular period-tracking app, reached a settlement with the FTC over allegations that it misled users about how their health information would be shared. As part of the settlement, the startup is required to conduct an independent review of its privacy practices.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
With her participation in OWHealth's $5 million Series A round for its Flo app, Natalia Vodianova joins the ranks of celebrity angel investors in healthcare.