Kindbody Announces Largest Fertility Raise in History with $62M Series C Funding
Summary
The rising costs of healthcare and increasing demand for fertility preservation and optionality in family-building has recently piqued investor interest in femtech companies offering technology-enabled innovation. "The companys vision for reducing barriers to care, expanding access, championing diversity, and delivering superior outcomes aligns directly with our mission at Claritas Health Ventures." The fresh funding will help accelerate the companys growth to meet increasing demand from enterprise employers, enhance its proprietary technology, and expand access to its partner, signature, and mobile clinics. In addition to direct patient care, Kindbody offers a seamless fertility benefit solution to employers seeking cost transparency and a more intuitive platform to replace the traditional systems of telephone tag. Kindbody estimates that demand for fertility and family-planning services is dramatically underserved today due to prohibitive costs, disparities in insurance coverage, and lack of compassionate and inclusive care.