What is FOLX Health?
Nationwide LGBTQIA+ virtual healthcare provider for affirming primary, gender-affirming, sexual, and mental healthcare.
- Category
- LGBTQIA+ virtual care
- Headquarters
- Boston, MA
- Founded
- 2019
- Employees
- 51-200 reported range
- Total funding
- $59.4M reported
- Status
- Private; Series B
What is FOLX Health?
FOLX Health is a lgbtqia+ virtual care company. FOLX operates nationwide LGBTQIA+ care with membership, clinical visits, labs, meds, referrals, community support, and insurance-supported access.
FOLX Health is a lgbtqia+ virtual care company with headquarters listed as Boston, MA. Nationwide LGBTQIA+ virtual healthcare provider for affirming primary, gender-affirming, sexual, and mental healthcare. FOLX operates nationwide LGBTQIA+ care with membership, clinical visits, labs, meds, referrals, community support, and insurance-supported access.
The company is currently best read as Private; Series B. Public sources show $59.4M reported in funding and Not publicly disclosed; where revenue, ARR, margin, or exact customer counts are not published, this profile avoids inventing them and uses funding, footprint, product coverage, and public scale signals instead.
For sellers, the account matters because buying centers span clinical operations, compliance, product, data, security, finance, and growth. The strongest pitch is tied to measurable access, quality, cost, workflow, or workforce outcomes rather than generic software adoption.
What does FOLX Health offer?
FOLX Health offers Gender-affirming hormone therapy, Primary care, Sexual and reproductive health, Mental health, and related workflows.
- Gender-affirming hormone therapy· Core product
- Primary care· Core product
- Sexual and reproductive health· Care workflow
- Mental health· Care workflow
- FOLX membership· Expansion
- Community platform· Expansion
How does FOLX Health make money?
FOLX makes money through membership fees, clinical visits, insurance-supported care, labs, medication services, and enterprise/community offerings.
FOLX makes money through membership fees, clinical visits, insurance-supported care, labs, medication services, and enterprise/community offerings.
FOLX support pages updated June 2026 list membership at $39.99/month or $299/year; visits, labs, and medications are billed separately when needed. Growth is driven by adoption in lgbtqia+ virtual care, expansion into larger accounts or additional geographies, and proof that the product improves outcomes, cost, capacity, or experience.
Because the company is private, this profile does not invent revenue, gross margin, or unit economics. Sellers should qualify budget owner, reimbursement model, procurement path, compliance requirements, and integration effort early.
Who leads FOLX Health?
FOLX Health is led by Liana Douillet Guzman, Clinical leadership, Community platform leadership.
- Liana Douillet GuzmanCEOCEO since 2022Leads FOLX's national expansion and whole-person LGBTQIA+ care strategy.
- Clinical leadershipAffirming care cliniciansCurrent care functionFOLX says most providers identify as LGBTQIA+.
- Community platform leadershipSupport groups and educationCurrent functionBuilds events, resources, and peer support.
How do you contact FOLX Health's leadership?
FOLX Health does not publish verified personal executive emails in the reviewed public sources. Use official company contact, demo, support, partnerships, or careers routes rather than guessed personal emails.
Personal executive email format not verified; use official company routingHow much funding has FOLX Health raised?
FOLX Health has $59.4M reported in public or reported funding; latest disclosed round: Oct 2022 Series B ($30M).
FOLX Health's disclosed funding history is: 2020 Seed: undisclosed, valuation not disclosed, led/backed by Define Ventures and early investors; 2021 Series A: $25M reported, valuation not disclosed, led/backed by Bessemer Venture Partners and others; Oct 2022 Series B: $30M, valuation not disclosed, led/backed by 7wireVentures.
The latest public valuation/status used here is Not publicly disclosed. If a valuation is not disclosed, this profile treats the company as private with no public priced mark rather than inferring a number from round size.
Seller signal: funding indicates capacity to invest, but healthcare buyers still require security, compliance, implementation proof, and outcomes evidence. New capital is most likely to support market expansion, hiring, product development, clinical operations, data, AI, and partnerships.
How did FOLX Health get here?
FOLX Health reached its current stage through founding, product expansion, and major financing milestones.
- 2019FoundedFOLX begins building virtual LGBTQIA+ healthcare.
- 2021Series AFOLX raises capital to expand virtual affirming care.
- Oct 2022$30M Series B7wireVentures leads Series B.
- 2023Membership relaunchFOLX relaunches lower-cost membership with more services.
- 2026Insurance-supported membershipFOLX continues national care with insurance and cash-pay options.
Who are FOLX Health's competitors?
FOLX Health competes with adjacent healthcare providers, software platforms, marketplaces, and care-navigation companies.
FOLX Health — frequently asked questions
