Fertifa, a telehealth startup offering digital fertility care services for employees (through the employer), raised $1.3 million in a seed funding round.
Passion Capital is investing in the round, along with some unnamed strategic angel investors.
According to the company, the new round of funding will accelerate growth in the U.K. and Europe while enhancing its tech-enabled platform – a digital portal for patients to access telehealth solutions designed to offer holistic, patient-centric care.
What does Fertifa do?
Fertifa acts as a digital fertility clinic for employees. The company offers reproductive healthcare benefits for employees in the U.K. It provides telehealth solutions such as video consultations, at-home diagnostic kits (hormone and sperm testing kits), a digital platform, and treatment plans.
For employers, it offers data analytics, employee feedback, and corporate administration solutions. According to the company, all the information on the employer platform is anonymous and allows employers to see how their members use and like the services without sharing personal health information.
“The issue of fertility health is sadly neglected in the workplace in the U.K. – despite the fact that, in general, people say that having children is the most important decision of their lives. Improving the nation’s knowledge of fertility and reproductive health is essential, and Fertifa and Fertility Network U.K. provides some great tools to enable this in the workplace,” added Gwenda Burns, Chief Executive of Fertility Network U.K.
In recent years, fertility startups have been getting increased investor attention from VC’s.
Telemedicine companies in the first nine months of 2020 raised $3.3 billion in funding. Carrot Fertility, a virtual fertility benefit program for large employers, raised $24 million in Series B funding. The funding round brings the total capital raised to more than $40 million.