London-based femtech Flo Health expands operations with 130 new roles following unicorn status

British femtech start-up Flo Health, a ladies’s wellness application, has actually introduced a substantial development of its procedures in Lithuania by including 130 brand-new settings.

Adhering To a €180 million Series C investment in July 2024, Flo has actually dedicated to scaling its visibility by developing 130 brand-new duties in its Vilnius area, enhancing its Lithuanian workplace as a crucial center for worldwide procedures. Causing a mixed labor force of over 350 workers throughout its Lithuanian and UK workplaces.

Established In 2015, Flo Wellness has actually become a leader in females’s wellness innovation, flaunting 70 million regular monthly energetic individuals and 380 million downloads worldwide. Currently offering one in 6 females in the USA, the application provides detailed cycle and ovulation monitoring functions, all established in cooperation with over 120 wellness professionals. On top of that, it has actually come to be the very first women wellness application to attain twin qualification in both Personal privacy and Safety and security ISO requirements.

Flo’s Vilnius workplace, developed in 2020, has actually come to be a main column of the firm’s procedures, real estate elderly management and playing host to crucial company-wide preparation campaigns. Discussing Lithuania’s allure, Roman Bugaev, Principal Innovation Police Officer at Flo Wellness, kept in mind: “ While Lithuania leads the EU with 64% of females in scientific research and innovation, we’re happy to take advantage of this abundant and varied skill swimming pool, inviting all certified prospects, consisting of male designers. This wide range of experience, specifically in item advancement and software application design, not just boosts our capacities yet additionally promotes development within our groups.”

“ With over 900 start-ups and considerable federal government support, Lithuania’s start-up ecological community offers a setting ripe for cooperation and development. We are positive that we can take advantage of this skill to drive our tasks onward,” includes Roman Bugaev

The development strategies are anticipated to boost Flo’s capacities in design, item advancement, and advertising features, sealing Lithuania’s duty as a keystone of the firm’s method. Elijus Čivilis, General Supervisor at Invest Lithuania, commemorated the choice, mentioning: ” In Lithuania, Flo Wellness discovered the best problems to establish an item with an international effect. The firm’s development in Lithuania shows our nation’s possibility to be an international technology development center, where trendsetters like Flo Wellness can change concepts right into world-leading remedies.”

The current financing round, which pushed Flo Wellness to unicorn standing with an assessment of around EUR946 million, will certainly sustain its following stage of development. This consists of progressing customised, tech-driven medical care remedies and boosting its worldwide reach.

Along with its functional developments,Flo Health’s Chief Financial Officer, Tamara Orlova, is set to speak at the EU-Startups Summit 2025 The occasion, an emphasize in the European start-up schedule, will certainly give a chance to listen to straight from among the crucial numbers driving Flo’s success. The top will certainly happen in April 2025 and is anticipated to draw in popular numbers from the technology and start-up ecological community throughout Europe.

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