The Flo Health app is owned by Flo Health, Inc., a company that was co-founded in 2015 by Dmitry Gurski and Yuri Gurski in Belarus.
Founding and Leadership of Flo Health
Dmitry Gurski, one of the original co-founders, holds the position of Chief Executive Officer (CEO) for Flo Health, Inc. The company's inception laid the groundwork for the development and expansion of the popular health and wellness application.
Investment and Ownership Structure
As a technology company experiencing rapid growth, Flo Health, Inc. has attracted substantial investments from various sources. These investments imply a distributed ownership model, where stakes are held not only by the company's founders but also by diverse investment firms and individuals.
Key investors that have contributed to the company's funding include:
- Venture Capital Funds:
- Flint Capital: This firm was an early supporter, participating in both the initial seed funding round and a subsequent investment round.
- Haxus Venture Fund: This fund also contributed to Flo Health's seed funding.
- Individual Investor:
- Natalia Vodianova: A notable model who provided investment to the company in 2017.
This multi-faceted investment approach is common for successful startups, where capital is exchanged for equity, allowing the company to scale while distributing ownership among founders and financial backers.
Key Investment Milestones
The following table summarizes the significant investment rounds that shaped Flo Health, Inc.'s ownership structure:
| Year | Investment Round | Investors | Amount Raised (Approx.) |
|---|---|---|---|
| 2016 | Seed Round | Flint Capital, Haxus Venture Fund | $1 million |
| 2017 | Investment Round | Flint Capital, Natalia Vodianova | $5 million |
This structure highlights how the company's ownership evolved, incorporating various stakeholders alongside its original founders.
