Folx Health, which provides virtual care for the LGBTQIA + community, is stepping in the employer’s place.
The startup’s new enterprise product allows companies to provide Folx’s tools for their employees, such as virtual primary care, hormone replacement therapy, and PrEP. This will include support for LGBTQIA + youth parents, as well as diversity, equity and inclusion training.
In addition to Folx’s employer offers, the startup has announced that it is launching a community platform where users can find healthcare, peer groups and live events.
The company has hired Brad Nations, formerly chief commercial officer of ConsumerMedical and Castlite Health, to manage Folx’s corporate strategy as it adds new revenue streams to enterprise products.
“Since its launch in 2020, Folx’s goal has been to ensure specialist and trans community healthcare. We are honored to take this mission one step further – just in time – by helping employers offer our services to their LGBTQIA + staff. CEO Liana Dulette Guzman said in a statement.
Why it matters
According to a 2021 In a Kaiser Family Foundation survey, more than one-third of LGBT + people reported having at least one negative experience with a provider, such as blowing up their worries, distrusting them or causing them health problems. Non-LGBT + Less than one in five people report similar concerns.
The study also found that LGBT + respondents were more likely to report fair or poor health than non-LGBT + people, despite having an overall younger population.
Folx made an announcement Round A $ 25 million series in February 2021. Guzman took over the reins as CEO from founder AG Breitenstein earlier this year.
“It’s not only creating a more unique healthcare experience, where you know you will not only gain expertise, but you will gain transparency and reliability, and assurance, and support and the ability to be your partner. Care,” he said. MobiHealthNews In time
Another space company is Plum, which focuses on caring for transgender patients. Startup has landed প্রথম 14 million in early 2021. Merged virtual care company Grand Rounds acquired Health last year, including Health and Doctor on Demand, which also focused on LGBTQIA + care. The company has recently been rebranded with the included name.