# Femtek

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/femtek-pty

- Industry: Consumer Products
- Headquarters: Melbourne, Australia
- Website: www.femtek.co/
- Total disclosed funding: $1M
- Latest round: Seed (Mar 28, 2024)
- Investors on record: 2

## About

Founded in 2019 by Olivia Orchowski and based in Australia, Femtek Pty Ltd., operates as a menstrual health focused smart ring built to elevate women's lives and provide them with a new level of cycle literacy. In March 2024, Femtek raised USD 1 million in seed funding co-led by Arcanys Ventures and Techstars Ventures, with participation from individual investors.

The company offers consumer electronic products that include basal body rings used for menstrual cycle tracking along with temperature, heart rate, heart rate variability, tracking body literacy, or monitoring breastfeeding by integrating with iOS and Android devices.

The company’s mobile application is available on the App Store and Google Play Store.

The company generates revenue by selling ring for USD 349.

The company plans to use the March 2024 funding for further product development, team expansion, and marketing initiatives.

## Funding rounds

- Seed, Mar 28, 2024, $1M — Techstars, Arcanys Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Arcanys Ventures (https://capitalatlas.ai/funds/arcanys-ventures) — Seed