Technology
The startup's smartphone-administered digital therapeutic for fibromyalgia received FDA Breakthrough Device designation last year.
Also, Nordic nurse-tech pioneer to launch in the UK.
The company has also launched a distribution unit in the United States.
The company plans to bring its technology to 10,000 more doctors in the country.
The all-cash deal is expected to close by the end of the year, subject to regulatory clearance.
Also: Digital pathology startup Proscia raises $37 million in Series C funding.
The startup said the round brings its total raise to more than $50 million.
The enterprise product will include Folx's tools like virtual primary care, hormone replacement therapy and PrEP, as well as support for parents.
During a panel discussion at Going Digital: Behavioral Health Tech 2022, investors discuss what's next for the space as funding slows down, and explore the value of direct-to-consumer tools.
Shipments of wearables declined 3% year-over-year, according to a report by the International Data Corporation.