period tracking app
The women's health app will use the funds to expand its workforce in North America and Europe, scale its reach and enhance its technology.
Per the pending agreement, Flo will need to inform users that their period and pregnancy info was shared with third-party advertisers and install independent oversight of their privacy practices.
Germany-based Clue, which has developed a women's health app, raised $7 million from Union Square Ventures and Mosaic Ventures.
Germany-based Clue has raised $2 million from German private investor Brigitte Mohn; French Groupe Arnault, the controlling shareholder of LVMH (Moët Hennessy - Louis Vuitton); the German pharmaceutical company DR.