Virtual Fertility Program Provider Carrot Raises $24 Million - Mercom Capital Group

Funding Rounds

Summary

Carrot Fertility raised $24 million in a Series B round led by U.S. Venture Partners, bringing total capital raised to more than $40 million with participation from F-Prime Capital and existing investors. The company will use the funding to expand its global presence and accelerate product development in telehealth and telemedicine across the fertility care continuum. Carrot recently launched Carrot at Home, an AI-powered telehealth platform connecting members with over 2,000 reproductive specialists, and expanded offerings with Carrot Pregnancy and Carrot Rx, a virtual pharmacy experience. Employers like Box highlight Carrot's ability to deliver global fertility benefits, and the round reflects continued venture interest in telehealth solutions.

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Amount $24.0M Total raised
Date August 18, 2020 Announcement date
Investors U.S. Venture Partners, Box, CRV, Uncork Capital, Maven Ventures, Precursor Ventures Lead investors
Company get-carrot.com Funded company

Classifications

industries
HealthTech
applications
No applications detected

AskAI Classifications

Labels
SaaS HealthTech Software Benefits Administration Software

Linked Companies

Carrot
$100M to $250M