PayPal co-founder Max Levchin is part of the team behind Glow, a fertility tracking service that uses a mobile app, crowdfunding and analysis to help women conceive children.
The mobile app, which went live this week on the iPhone app store, asks women to track their ovulation data. The app analyzes this data to inform women and their partners of their fertility window. A second component, Glow First, is a crowd-funded not-for-profit that is designed to offset the cost of fertility treatments such as in vitro fertilization and intra uterine insemination, which are frequently not covered by health insurance plans.
"We see so many opportunities to improve the state of health and wellness through data science," said Levchin in a release. "Deeper insights will result in more informed diagnostics and decisions, earlier treatments and ultimately cheaper, more informed healthcare."
Glow, which also plans an Android app, has raised $6 million led by Founders Fund, along with Andreessen Horowitz and several strategic investors. Its developers include doctors and other fertility experts from Shady Grove Fertility in Washington, D.C., and Pacific Fertility Center of San Francisco. Levchin has also personally donated $1 million to the Glow First program. Glow's co-founder and CEO is Michael Huang (Levchin is executive chairman). It plans to address other health care issues as well.
Levchin is also co-founder of Affirm, a mobile payments company that executes payments via a two-tap process to initiate and then confirm an order. Levchin founded PayPal in 1998 along with Peter Thiel and Elon Musk. Levchin was PayPal's chief technology officer for a number of years, and was a driving force behind the company's anti-fraud strategy. He also founded Slide and later helped start Yelp.