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Venture Capital News: FOLX Health Raises $30M in Series B Funding

2022-10-12
BOSTON, MA, FOLX Health, a digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, announced $30M in new financing led by 7wireVentures.
FOLX Health, a digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, 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.
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