Cofertility, a human-centered fertility ecosystem that helps women freeze their eggs for free when donating half, announced the completion of a Series A funding round, led by Next Ventures and Offline Ventures, with additional support from Initialized Capital, Arkitekt Ventures, Foreground Capital, Gratitude Railroad, How Women Invest, Gaingels and Everywhere Ventures, leading investors with deep experience in the healthcare and technology sectors.
The company has now raised $16 million in funding in total to advance its mission of making egg freezing more accessible and egg donation less transactional.
Headed by Lauren Makler and Halle Tecco, Cofertility has been at the forefront of creating innovative solutions to address growing needs in fertility care. And through its Split program, Cofertility enables women to freeze their eggs for free when they donate half of the eggs retrieved to people who cannot conceive. This creates a mutually beneficial model that tackles key challenges in fertility care, including the prohibitive cost of egg freezing, the lack of diversity amongst egg donors, and traditional egg donation’s outdated, transactional nature.
This funding will mainly be used to further develop Cofertility’s proprietary and user-friendly technology platform. This platform has a custom-built egg donor database that streamlines the entire egg donation process, from recruitment and matching to cycle coordination. Already, this technology has helped improve the Cofertility experience for its members.
More resources will go towards scaling the team to meet growing demand, strengthening partnerships with healthcare providers to make affordable fertility care more widely available, and investing in advocacy work like Cofertility’s recent Level the Playing Field campaign which united influential voices like Cofertility investor Maria Sharapova along with other Olympians and professional athletes including Ashlyn Harris, Alysia Montaño, Carly Patterson, Missy Franklin and more to raise awareness for the challenges women athletes face when planning and building their families.
KEY QUOTES:
“The donor egg market has long been constrained by structural inefficiencies—limited donor availability, opaque matching processes and a transactional system that prioritizes financial incentives. At Next Ventures, we’re focused on empowering people to live more capable lives through whole-person care solutions, and we’re proud to support Cofertility’s unique model of integrating egg freezing with an innovative egg-sharing approach, expanding donor access, increasing quality/diversity and aligning incentives in a way that benefits both donors and intended parents.”
- Mel Strong, General Partner at Next Ventures
“As a rapidly growing, female-founded organization, we have always been committed to making fertility care more equitable. By raising smart capital from experienced industry partners, we are strengthening our commitment to scale our core mission. This funding will allow us to expand our offerings, enhance our technology and reach even more people who need these services.”
- Lauren Makler, Co-Founder and CEO of Cofertility
“Cofertility is challenging outdated norms and creating a new model centered on optionality. At Offline, we back companies that don’t just improve industries, they redefine them, and Cofertility is truly flipping the script on traditional fertility options. We’re proud to continue supporting their mission to bring innovative solutions to this long-overdue space.”
- Brit Morin, Founding Partner at Offline Ventures
