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§ Private Profile · Boston, MA, USA
Telehealth company providing medical care for the LGBTQIA+ community, including HRT, primary care, sexual health.
Based in Boston, Massachusetts, Folx Health is a telehealth company providing customized medical care and subscription-based telemedicine services tailored specifically for the LGBTQIA+ community. The digital health platform delivers a variety of clinical solutions, including hormone replacement therapy, primary care, medication management, and sexual health treatments such as PrEP. Operating across 33 states, the organization utilizes a business model with monthly membership plans starting at $59, which incorporates at-home laboratory testing and discreet prescription delivery. To support its ongoing expansion, the enterprise has raised $59.4 million in venture capital funding, including a $25 million financing round led by Bessemer Venture Partners alongside Define Ventures and Polaris Venture Partners. Founded in 2020 by AG Breitenstein, the company is currently led by CEO Liana Douillet Guzman and was named to the TIME100 Most Influential Companies in 2022.
Folx Health has raised $59.0M across 3 funding rounds.
Folx Health has raised $59.0M in total across 3 funding rounds.
Folx Health has raised $59.0M in total across 3 funding rounds.
Folx Health's investors include 7wire Ventures, Bessemer Venture Partners, Define Ventures, General Catalyst, Gigascale Capital, Jetstream, Khosla Ventures, Kleiner Perkins, Obvious Ventures, Marc Benioff, William Miller, Foresite Capital.
Folx Health has raised $59.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $30M Series B | 7wire Ventures | Bessemer Venture Partners, Define Ventures, General Catalyst, Gigascale Capital, Jetstream, Khosla Ventures, Kleiner Perkins, Obvious Ventures, Marc Benioff, William Miller, Foresite Capital, Polaris Partners | Announced |
| Feb 1, 2021 | $25M Series A | Bessemer Venture Partners | 7wire Ventures, Define Ventures, Gigascale Capital, Jetstream, Khosla Ventures, Kleiner Perkins, Obvious Ventures, Marc Benioff, William Miller, James Park, Kevin Carter, Logan Green, Mike LEE, NIR Eyal, Polaris | Announced |
| Dec 1, 2020 | $4M Seed | — | 7wire Ventures, Bessemer Venture Partners, Define Ventures, Gigascale Capital, Jetstream, Khosla Ventures, Kleiner Perkins, Obvious Ventures, Marc Benioff, William Miller, Polaris Partners | Announced |
Folx Health is a Boston-based digital healthcare company that builds virtual primary care, gender‑affirming hormone therapy (HRT), sexual and reproductive health services (including PrEP), mental health care, and care navigation specifically for the LGBTQIA+ community, delivered via subscription and employer/benefit partnerships.[1][6][3]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Folx Health has carved a defensible niche by combining community‑led clinical expertise, a full stack of LGBTQIA+ care services, and employer distribution—positioning it to be a leading, influence‑driving player in queer and trans digital health so long as it navigates regulatory headwinds and competitive responses successfully.[1][3][7]