Reproductive health app Tip has scored €7 million.

Femtech company Chloe, which provides an app focused on menstrual cycle tracking and reproductive health, has raised €7 million ($7.6 million) in funding led by existing investors Union Square Ventures and Balderton Capital. The company has announced that UK crowdfunding platform Crowdcube will allow users to become investors in the company. Invested users can participate in polls, tests and forums with the feedback team and influence the development of the app. What they do The Berlin-based company offers reproductive services from menstruation to pregnancy monitoring. The funding will be used to expand the company’s product portfolio, expand its digital family planning offering and continue its research efforts. “Building on the round led by our amazing investors Balderton Capital and Union Square Ventures, opening the doors to community investors will truly involve our user community in our journey and success in a way that is true to Clue,” company CEO Audrey Tsang told MobiHealthNews in an email. “Women’s health experiences have always been marginalized. The fact that it still takes an average of seven years to get an endometriosis diagnosis is just one example of how much work needs to be done in this space. We’re ready to change that. At Hint, we want our user community to get involved. Market Snapshot In 2021, Clu received FDA 510(k) approval for ClipClip birth control, a digital contraceptive based on period-tracking data. She then received 16 million euros ($17.5 million) in funding to launch the app in the U.S., and founder Ida Tin from CEO Audrey Tang and Cary Walter have announced that they will be taking the job. Hint has not been immune to the massive layoffs across the tech industry. Walter announced on LinkedIn earlier this year that it was cutting its workforce by a quarter. Since the Supreme Court decided to overturn Roe v. Wade, women’s health apps In 2018, there was a focus on data privacy and security in women’s reproductive health. Last year, CL responded to consumer concerns in a blog post on their website stating that they would not share consumer health data. Jennifer Gaudet Haefele in the HIMSS23 session, “Using People’s Wisdom to Measure Health Care Quality” for more details. She will provide information.Tuesday, April 18, 3:00 PM – 4:00 PM CT in South Building Level 5, Room S505.

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