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Folx health address12/13/2023 It is already part of the basic HRT package. What medications are being covered now and what is being taken into consideration for future rollouts? I know a lot of queer folks take medications that are common within the trans community, but are not specifically for the trans community-like Sprionolactone, which is prescribed for acne, hypertension, and hormone-blocking. That did not line up 100%, but we got as close as we could. There are certain states that will license our clinicians more quickly, and the target states were based on where we saw the greatest need. We’re starting in 10 to 12 states, and then it'll roll out across the country over the course of the next six or seven months. So as hard as it is, we have also been blessed with enormous numbers of people who have stepped forward to say they are really eager to be part of this service. The queer community has a lot of caregivers, and a lot of people who have been waiting for something like this. The patient should be in control, and the clinician’s job is to support them by providing services that enable them to achieve their goals for care. Our ethos is also different from sort of traditional medical ethos-we’re not just going from patient centric, we're actually going for patient control. Here is the 17-slide presentation Folx Health used to raise its $30 million Series B round.The queer community has a lot of caregivers, and a lot of people who have been waiting for something like this. More than 77% of respondents said they didn't have access to an affirming healthcare provider before Folx.įolx provided Insider with its pitch deck and edited the presentation to remove sensitive financial information prior to Insider's review. And that is painful in any aspect of our lives," said Guzmán.Īccording to an internal survey of their patients, 98% of respondents said they were making progress towards their health goals with Folx, and more than 96% said that they feel like their clinician listens to them and takes their views into account. And more often than that, a system that is openly discriminatory against us. When it comes to healthcare, "We experience at best an incumbent system not built for us. Guzmán told Insider that part of Folx's founding ideology was that LGBTQ+ people need providers who can care for the whole person, saying that while specific offerings are useful, now people feel like they have no one who's looking at their health holistically. It started as a service providing gender-affirming hormone therapy over telehealth, and it has since expanded to virtual primary care - including a monkeypox clinic - as well as behavioral health, mental health, and support groups. Folx's CEO, Liana Douillet Guzmán, said that Folx has raised $59 million in total, but she did not disclose the company's current valuation.įolx, based in Boston, was founded in 2020. Bessemer Venture Partners, Define Ventures, and Polaris partners, all already investors, contributed to the round as well. Folx will use the money to expand telehealth services, especially in behavioral health.įolx Health, a company offering telehealth services to the LGBTQ+ community, announced today that it has raised a $30 million series B round to offer and expand new services to clients, including behavioral health and mental health services. 7wireVentures led the round, and Foresite Capital joined as a new investor.The company raised money from investors including 7wireVentures and Foresite Capital. Folx, a telehealth service for the LGBTQ+ community, just raised $30 million in a Series B round.Account icon An icon in the shape of a person's head and shoulders.
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