Haxus venture capital fund and Flint Capital investment company vested $1 mn in OWHealth startup. REVERA supported the project
REVERA’s team conducted Vendor Due Diligence of development office, as well as full certification of IP transfer, and provided corporate support for investment process on founders’ behalf and still has been rendering current legal services to Belarusian office.
Heads of the Projects — Helen Mourashko and Uliana Karpekina.
The application released in October 2015 was created by Minsk team of Dmitry Hurskiy, Max Skrobov and Andrew Kovzel. In the USA the startup is represented by OWHealth company.
According to the company information The Flo app has been downloaded to more than 4 mn devices and has 2 mn of active users per month, 45% from which are in the USA and Canada. Flo is at the top within “female calendars” in AppStore and Google Play.
Haxus fund has started operating in the end of October. Yuriy Hurskiy is cofounder, his brother Dmitry is venture partner.
Flo raises $1M led by Flint Capital for its AI-driven period calculator