The app that helps women track their fertility cycles, Glow gained another $17 million from investors today in a Series B round of funding. That makes $23 million in Glow’s total funding. This latest round was led by Formation 8, with additional participation from Founders Fund and Andreessen Horowitz.
Formation 8 founding member Joe Lonsdale and HVF’S Nellie Levchin, co-founder Max Levchin’s wife, will also be joining Glow’s board of directors. Lonsdale has known Max Levchin from his Paypal days when he actually interned there right after college. Lonsdale mentioned in a company released statement that he was particularly interested in getting involved as a member of the board because of Glow’s potential to affect women’s health globally, “[Glow] is putting together one of the largest fertility studies in human history, which has the potential to impact countless women and couples,” offered Lonsdale.
Data science and information gathering is a growing trend in the health industry. It’s used to help make connections and cut costs in medical care in ways we have not been able to do before. This is true particularly for information sharing and pinpointing possible connections to find cures sooner.
The company announced in August that it was responsible for getting over 20,000 women pregnant, using the app. It has also added quite a few other apps to the family over the last year with Glow First, Glow for Enterprise and Glow Nurture as well. These are all designed to take women beyond fertility tracking and into health and well-being during pregnancy. CEO Mike Huang says he plans to continue building out women’s health products with the new funding. “We’d like to double-down on the product, on our data and research, and on insurance,” says Huang.Featured Image: Coffeemill/Shutterstock