Venture Capital News: Glow Raises $17M in Series B
2014-10-03
SAN FRANCISCO, CA, Women's health and fertility company, today announced its Series B fundraising of $17 million.
Glow, a women's health and fertility company, today announced its Series B fundraising of $17 million, led by Formation 8, with additional participation from Founder's Fund and Andreessen Horowitz.
Glow is focused on providing women with more insight and information about their health. The company's new round of funding will contribute to its goals of global expansion as well as expanding its operations and product suite to educate women about fertility at every stage of their lives - from trying not to conceive to considering pregnancy, to conception and postpartum.
'We've seen phenomenal momentum since launching in the summer of 2013, from announcing 25,000 pregnancies at our one year mark, to rolling out Glow First, Glow for Enterprise and Glow Nurture - but our ambitions are big,' said Mike Huang, CEO and co-founder of Glow. 'To name a few, we'd like to double-down on the product, on our data and research, and on insurance.'
Glow's total funding now equals nearly $23 million. Joe Lonsdale, founding partner of Formation 8, and Nellie Levchin, managing partner of HVF, will join Glow's board of directors. 'Glow's focus on global markets and its strong technical team particularly resonate with Formation 8,' said Joe Lonsdale, partner at the firm. 'Glow is in a unique position to be a contributor to women's health worldwide. With its data science approach, they're putting together one of the largest fertility studies in human history, which has potential to impact countless women and couples.'
Glow is based in San Francisco, CA. The Glow app is available for free on iOS, Google Play, and Amazon; Glow Nurture is available for free on iOS. For more information on Glow, please visit https://glowing.com/.
About Glow:
Glow was founded by a team of technology veterans, including Max Levchin, co-founder of PayPal & chairman of Yelp. Glow is a data science company redefining health care and resources and is headquartered in San Francisco, California. The Glow app was launched in August 2013, and Glow Nurture launched in July 2014. More information about Glow is available at: https://glowing.com/.
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