Good morning, Broadsheet readers! Kim Kardashian's company Skims prepares for an IPO, fertility and period tracking app Flo Health is a unicorn, and there's a new top-valued female-founded startup. Have a fantastic Wednesday!
- Healthy valuation. A few select startups have dominated the list of the highest-valued female-founded companies over the past few years—especially as markets have remained hostile to IPOs and more companies have chosen to remain private. A new funding round, however, puts a fresh name in the mix among the top female-founded and -led businesses.
Spring Health, led by cofounder and CEO April Koh, is now valued at $3.3 billion after raising a $100 million Series E round, I reported exclusively for Fortune this morning. That valuation places Spring near the top echelon of female-founded and -led startups—including Melanie Perkins' Canva ($26 billion), Toyin Ajayi's Cityblock ($6.3 billion), and Rachel Romer's Guild ($4.4 billion).
