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      <p>
        LGBTQ+ specialized telemedicine provider Folx Health has raised USD 30 million in a Series B funding round led by 7wireVentures along with participation from other venture capital companies. This brings the total funds raised by the company to USD 59.4 million.&nbsp;
      </p>
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      <p>
        The funds will be used to expand its offerings to include mental and behavioral health services with the end goal of developing a full suite of services. Initially, the company plans to roll out expert-led support groups targeting areas such as fertility, family planning, and parental support this month. These support groups are supplemented with one-on-one consultations. Additionally, the company plans to add more support groups in 2023, along with launching an iOS and Android-based companion app to give users the ability to access these services.&nbsp;
      </p>
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      <p>
        Post-funding, 7wireVentures Managing Partner Lee Shapiro will join Folx Health&rsquo;s board of directors. Previously, Shapiro served as Chief Financial Officer for Livongo.&nbsp;
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      <p>
        Folx Health provides 24/7 virtual consultations and messaging services to LGBTQ+ individuals and includes treatments for hormone replacement therapy and sexual health. The company currently provides care to 10,000 individuals across 42 states.&nbsp;
      </p>
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  </ul>
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<div>
  <p>
    <a href="https://www.mobihealthnews.com/news/folx-health-scores-30m-add-mental-health-support">
      Mobi Health News
    </a>
  </p>
  <p>
    <a href="https://techcrunch.com/2022/10/12/folx-powers-lgbtq-telehealth-support-groups-with-30m-round/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://vator.tv/news/2022-10-12-folx-health-raises-30m-to-provide-virtual-care-to-the-lgbtq-community">
      Vator News
    </a>
  </p>
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All Updates

Folx Health raises USD 30 million in Series B funding

Folx Health launches enterprise-focused solution and onboards new CCO