Fundraising Fox

Hormona

Techstars '22

Weybridge, GB · Founded 2020 · 30 employees on LinkedIn · 6 known investors

Hormona provides digital health resources and education for women's hormonal health management across all life stages. The platform addresses knowledge gaps and helps women understand and manage hormonal well-being.

Also known as Hormona: Period & Hormones · WLNESS SCIENCE LTD

Founders & leadership

Hormona was founded in 2020 by Karolina and Karolina Löfqvist.

K
Karolina
KLKarolina Löfqvist
Karolina LöfqvistinFounder

Investors · 6

Also in the syndicate · 2

DLF VenturesNascent Invest

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Hormona is a women's health technology company that combines a mobile app with at-home hormone testing to help women measure, track and interpret their hormone levels. The core product is the Hormona cycle app, which lets users log menstrual cycles, symptoms and general well-being; algorithms analyse the logged data to identify individual patterns, predict PMS and period symptoms, and deliver daily insights, cycle-syncing guidance, recipes and nutrition tips. The app is offered in a free version (Hormona Freemium) and a paid tier (Hormona+) that unlocks personalized symptom predictions, hormone-level-based nutrition advice, a full library of articles, mindfulness sessions and recipes, a mood and energy calendar, cycle analytics and expert answers.

Alongside the app, Hormona has developed a non-invasive at-home urine hormone test. Users scan the test with a phone camera and receive quantitative, clinical-grade hormone results in the app within roughly 15 minutes, without lab visits or blood draws. The company also markets a perimenopause offering (waitlist-based at the time of the sources) providing stage-specific hormone mapping and symptom support for hot flashes, fatigue and sleep changes, and states it is developing a home testing device to measure estrogen levels. Product development is carried out with endocrinologists, gynecologists and nutritionists, and the company says it conducts its own studies and data analysis on women's hormonal health.

Founding story

Co-founder and CEO Karolina Löfqvist experienced years of hormone-related symptoms and repeated, unhelpful consultations with multiple doctors, at one point being prescribed antidepressants and advised to leave her career. After independent research and consultations abroad she was diagnosed with an underactive thyroid and hormonal imbalances. Recognising a broad knowledge gap in women's hormonal health — she cites that up to 80% of women face similar struggles — she set out to build an accessible platform combining education, tracking and testing.

Business model

Direct-to-consumer: sale of at-home hormone test kits shipped globally, combined with a freemium mobile app that includes in-app purchases and a paid Hormona+ subscription tier.

Revenue from hormone test kit sales and from app subscriptions/in-app purchases (Hormona+ premium tier alongside a free version).

Traction

The Android app reports 10,000+ downloads and a 5.0 rating from 518 reviews; the company states its tools are used by women in more than 185 countries, and the app is described as award-winning. The team numbered 12 as of May 2025.

Latest developments

In May 2025 Hormona announced a $6.7 million seed round led by Voima Ventures and co-led by Supernode Global, with DLF Ventures, Nascent Invest and Techstars participating, earmarked for launching its at-home hormone testing device, building a perimenopause app, international scaling, team growth, scientific research and clinical validation. The company is selling test kits and running a perimenopause waitlist; the Google Play listing shows an app update dated 19 August 2026.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as a clinical-grade, real-time at-home hormone testing and tracking solution for women, distinct from conventional period-tracking apps by focusing on hormone levels rather than cycle dates alone.

Combination of a non-invasive at-home hormone test read by a smartphone camera with app-based tracking and predictive insights, developed with endocrinologists, gynecologists and nutritionists, positioned as an alternative to blood tests and lab visits.

Technology

A mobile app (iOS 13.4+ and Android 6+) with algorithms that analyse logged cycle and symptom data to detect individual hormonal patterns and forecast symptoms, plus AI-driven insights. The at-home test uses a urine assay read by the phone camera to produce quantitative hormone results in the app in about 15 minutes, described as requiring no additional equipment.

Go-to-market

Direct-to-consumer distribution via the company website (test kit orders with global shipping) and app store downloads on the Apple App Store and Google Play; the app is available worldwide in Swedish and English, with a waitlist used to gather demand for the perimenopause product.

Women tracking their menstrual cycles and hormonal symptoms, including those investigating hormonal imbalance, PMS, irregular cycles, PCOS, fertility questions, and women navigating perimenopause and menopause.

Geography

Headquartered in London with a presence in Stockholm; the developer entity WLNESS SCIENCE LTD is registered at Great Portland Street, London. Products are used by women in more than 185 countries, and the app is offered worldwide in Swedish and English.

History

Founded in 2019 in London as an online educational community around women's health and hormones, according to a 2022 founder interview; a Vestbee report gives a 2020 launch by Karolina Löfqvist and Jasmine Tagesson, while the company's own site marks its story "since 2023". Feedback from the community led the founders to build the Hormona tracking app and to develop at-home hormone tests, with an at-home hormone monitoring system flagged as in development in 2022. In May 2025 the company announced a $6.7 million seed round to launch its hormone tests, expand its digital tools including a perimenopause app, and scale internationally.

Risks & controversies

The founders have described fundraising as their main challenge, citing difficulty raising as two female founders in a female-focused category. User reviews on Google Play include reports of app instability and complaints about pricing. The company notes its content and hormonal-fluctuation graphs are calibrated to regular cycles of 21-38 days and are less accurate for users with irregular or atypical cycle lengths, and its own site acknowledges the underlying research is still evolving.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
At-home hormone test result timeJan 202615 minutes
Countries with usersMay 2025185
EmployeesMay 202512 people
Google Play downloadsJan 202610K+
Google Play ratingJan 20265 stars (518 reviews)

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Flo Health3938 shared keywordsFlo is a women's health app offering personalized cycle tracking, fertility guidance, pregnancy support, and health education backed by a medical team. The app serves women and people with periods globally with science-based insights on hormonal health from first period to perimenopause.
Natural Cycles3346 shared keywordsNatural Cycles offers an FDA-cleared mobile app that uses a user's body temperature data and an algorithm to predict fertile windows for hormone-free birth control and pregnancy planning. The app supports women's health across life stages from contraception through perimenopause and is certified in over 35 countries.
Inito2933 shared keywordsInito provides fertility and reproductive health services, advised by reproductive endocrinologists and infertility specialists.
Oova2846 shared keywordsOova offers a clinical-grade at-home hormone test that pairs with an AI-powered app to measure LH, estrogen (E3G), and progesterone (PdG) levels from urine, scanned via a smartphone camera. It serves women tracking fertility, conception, and perimenopause, providing daily lab-accurate hormone insights that can be shared with their doctors.
Clue2814 shared keywordsClue is a menstrual and reproductive health app that lets people track their periods, cycle, ovulation, fertility, and related symptoms, and contributes anonymized data to scientific research with institutions such as Johns Hopkins and the Gates Foundation. The company offers a paid Clue Plus subscription and serves over 12 million users worldwide.
Proov2545 shared keywordsProov offers at-home hormone and fertility testing products, including systems to identify the fertile window, confirm ovulation, and screen for leading causes of infertility, paired with an app providing hormone insights and personalized recommendations. It serves women tracking their fertility and reproductive wellness.

Companies competing with Hormona for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
May 2025
Hormona raises $6.7M seed round

Seed round led by Voima Ventures and co-led by Supernode Global, with DLF Ventures and returning investors Nascent Invest and Techstars, to launch its at-home hormone testing device, expand digital tools including a perimenopause app, and scale internationally.

$6.7M source ↗

Feb 2022
At-home hormone monitoring system announced as forthcoming

In a founder interview, Hormona said it would launch an at-home hormone monitoring system for real-time hormone tracking over the following year, alongside its hormone tracking app.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hormona do?
Hormona is a women's health company offering at-home hormone tests and an app for cycle, hormone and symptom tracking.
Who founded Hormona?
Hormona was founded by Karolina, Karolina Löfqvist in 2020.
Who are Hormona's investors?
Hormona's investors include Supernode Global, Techstars, SFC Capital, Voima Ventures.
Where is Hormona headquartered?
Hormona is headquartered in Weybridge, GB.