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Cofertility raises a $7M Series A to make egg freezing free
Cofertility, founded by Lauren Makler and Halle Tecco, has raised $7.25 million to offer no-cost egg freezing for women, funded by donations of half the retrieved eggs to those struggling to conceive. This innovative model addresses the high cost of egg freezing, typically $10,000-$15,000, and aims to destigmatize egg donation, potentially reshaping fertility options for women.
Key points
- Cofertility raised $7.25 million in Series A funding, totaling $16 million.
- The startup offers egg freezing at no cost, with donors giving half of their eggs to others in need.
- Founded by Lauren Makler after her own fertility scare, she aims to create better access to reproductive choices.
- Egg freezing can be prohibitively expensive, leading many women to delay this option.
- Cofertility's 'Split' program differentiates it by having a large pool of diverse donors.
Why it matters
- Historical trends show increasing numbers of women delaying motherhood, impacting fertility services.
- Current healthcare trends innovating accessibility in reproductive health resonate with Cofertility's mission.
- By 2025, the relevance of fertility preservation technologies may expand, reflecting broader changes in family planning.
Cofertility's approach addresses a critical issue in reproductive health, offering an innovative solution to costly egg freezing and promoting a positive view of egg donation.