Flo raises $1M led by Flint Capital for its AI-driven interval calculator
The Flo app — the interval calculator for girls that tracks and predicts menstrual cycles, ovulation, and fertile days — has raised $1 million in seed spherical funding led by Flint Capital together with the Haxus Enterprise Fund co-founded by Yuri Gurski (who invested in MSQRD that was bought to Fb in 2016).
The Flo app is developed by OWHealth, a US-based startup. Like MSQRD, Flo was additionally developed in Belarus. The staff contains Dmitry Gurski, Max Scrobov and Andrew Kovzel, CTO.
Flo (out there in 19 languages on iOS and Android) was launched in October 2015 and now normally holds one of many prime spots for feminine calendars and period-tracking apps within the App Retailer and Google Play. Flo’s predominant rivals are the Clue Interval Tracker, Glow, and Ovuline.
The Flo staff says they’ve developed a neural community for the product leading to much more accuracy than ordinary – as much as 50% in comparison with conventional statistical fashions. They will additionally analyze how a girl’s urge for food varies all through the cycle, look at the temper swings and bodily adjustments, serving to them to regulate their life-style accordingly.
Flo claims to have 2 million month-to-month energetic customers, and app installations exceeding four million. Roughly 45% of them are from the US and Canada, and different customers are from Brazil, Germany, Italy, and Russia, amongst others.
Later they plan to have the Flo app monitor day by day life-style, preparation for being pregnant, being pregnant itself, and childbirth.