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FOLX Health
Health Tech & Medtech · Boston, United States · Founded 2019
The first digital Telehealth company that gives the LGBTQIA+ community access to quality care that’s in service of needs and in celebration of lives. MoreLess
Folx Health is a nationwide healthcare provider that specializes in offering comprehensive health and wellness services specifically designed for the LGBTQIA community. The company operates in the healthcare market, focusing on a niche segment that is often underserved by traditional healthcare providers. Folx Health aims to create an inclusive and affirming healthcare experience for individuals who identify as LGBTQIA, ensuring that their unique needs are met with expertise and compassion.
The business model of Folx Health is subscription-based. Clients can sign up for a membership that starts at $39.99 per month after an initial 10-day free trial. This membership grants access to a range of services, including direct messaging with clinicians, personalized care navigation, and a supportive community platform. The company makes money through these subscription fees, which provide a steady stream of recurring revenue.
Folx Health serves a diverse clientele within the LGBTQIA community, offering services that include general healthcare, hormone replacement therapy, sexual health services, and mental health support. The company also provides a national referral network to help members find the right care in their local areas. Additionally, the Folx Community Platform offers events, educational resources, and peer support groups, fostering a sense of community and belonging among its members.
In summary, Folx Health is a pioneering healthcare provider that leverages a subscription-based model to deliver specialized, affirming care to the LGBTQIA community. By combining expert medical advice, personalized care navigation, and a supportive community platform, Folx Health addresses the unique healthcare needs of its clients in a comprehensive and compassionate manner.
Keywords: LGBTQIA healthcare, subscription-based, hormone therapy, mental health, sexual health, community support, personalized care, nationwide provider, inclusive services, expert clinicians.
Company overview
FOLX Health company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- Boston, United States
- Employees
- 67
- Open positions
- None listed
- Dealroom signal
- 64.9
Valuation & funding
FOLX Health funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Oct 2022 | $30M | $120M | Bessemer Venture Partners · Polaris Partners · 7wire Ventures · Foresite Capital | ↗ |
| SERIES AOther financing | Feb 2021 | $25M | $100M | Bessemer Venture Partners · Polaris Partners · Define Ventures | — |
| SEEDOther financing | Dec 2020 | $4.4M | $18M | Bessemer Venture Partners · Polaris Partners · Define Ventures | — |
| EARLY VCOther financing | Apr 2020 | $0 | — | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $9.7M | 0% | 67 |
| 2025 | $9.7M | 0% | 64 |
| 2024 | $9.7M | 0% | 70 |
| 2023 | $9.7M | 0% | 73 |
| 2022 | $9.7M | +110.2% | 76 |
| 2021 | $4.6M | — | 55 |
Growth signals
FOLX Health website traffic
Latest recorded traffic for FOLX Health is 260K monthly website visits, up 18.2% over the last three months. FOLX Health's team grew 4.7% over the past year.
Comparisons
FOLX Health compared with similar companies
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Talent graph
FOLX Health's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where FOLX Health has talent and traffic
team presence
In the news
Latest news about FOLX Health
Recent press, funding announcements, and product moves mentioning FOLX Health — open to read from the original sources.
Market sentiment
What the market is saying about FOLX Health
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Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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