“Connected Health: How Digital Healthcare Empowers Individuals?” was one of the
thrilling news which was heard during the session in the panel. Nokia Corporation
chairman, Risto Siilasmaa, Managing partner of NGP, Bo Ilsoe, Recode’s senior editor,
Ina Fried, Lifesum’s COO, Marcus Gners, co-founder & CEO of Clue, Ida Tin shared
the same stage.
The new capitals will be capitalized into the development of ongoing app under
development by Clue, providing its worldwide dynamic customers & users background
of additional than 5 million smarter women with in-depth visions in their menstrual well-
being. The savings will also be utilized for expansion of the team which is based in
Berlin, and speed up their development in the US, as its primary market of Clue’s,
where more than 1 million live users. With the backing of NGP’s international network,
the finance will also benefit them to develop Clue’s existence in other marketplaces
around the globe.
Clue’s newest raising its funds in round takings total finance interested in the company,
approx. $30 million which launched in 2013. The savings indications a tilting opinion for
the developing Femtech marketplace of commerce addressing feminine health
requirements through technology.
“I sense as powerfully as always that Clue’s assignment is to aim for women health and
its improvement at the topmost of the international programme,” said Clue’s CEO and
co-founder Ida Tin who was born in Danish “and I am excited to work along with a
respected circle of stakeholders who view our vision. Healthcare is already started
developing towards digital, just observe on the 60% of smartphone customers in the US
using the devices for managing their health. Female health is also being pulled by this.
And when you think through that much more than half of the world’s people is feminine,
you will understand how huge the market would-be and opening for Femtech firms is to
actually make an impression.”
In 2016, Clue stayed elected the top allowed menstrual tracking app in a released study
by the journal Gynecology & Obstetrics, The Europas Startup Conference and Awards
as Best Health Startup, app “Editors’ Choice”in Google Play Store and is presently
holding as the #1 female health app in the US for iOS.