FOLX Health
Virtual healthcare platform providing comprehensive care for the LGBTQIA+ community, specializing in hormone therapy, sexual health, and mental health services through telehealth.
Notes
FOLX Health is a virtual healthcare company focused on providing accessible, affirming healthcare for the LGBTQIA+ community. The platform offers hormone therapy (HRT) for transgender and non-binary individuals, sexual health services including PrEP, and mental health support.
The company was founded in 2019 and has raised significant venture capital to expand its services. FOLX differentiates itself by providing clinician-led care specifically designed for LGBTQ+ patients, with a membership model that includes unlimited messaging with providers and home delivery of medications.
FOLX has faced challenges common to telehealth companies including regulatory complexity across states and the need to build trust within the LGBTQ+ community for sensitive healthcare services.
Team
- A.G. Breitenstein - Founder & CEO
- LinkedIn: linkedin.com/in/agbreitenstein
- Evan Westerfield - Chief Medical Officer
- Sara Gallagher - Chief Operating Officer
Additional Research Findings
- Founded in 2019, based in Boston
- Raised $30 million Series B in 2021 led by Bessemer Venture Partners
- Total funding exceeds $50 million
- Key investors include 7wire Ventures, Define Ventures, and Bessemer Venture Partners
- Services include hormone therapy, PrEP, sexual health, and mental health
- Membership-based care model with home delivery
- Operates across multiple US states
- Focus on transgender and LGBTQ+ affirming care
Sources
Investors
| Name | Location | Type | Stages | Portfolio |
|---|---|---|---|---|
| 7wireVentures | Chicago, USA | healthcare-focused | seedseries-a+3 | 5 |