Fellow Health, a leader in male reproductive health, has closed a $24 million Series B funding round led by 5AM Ventures, with participation from The Forest Road Company. This latest round brings the company’s total funding to $48 million.
The new investment will accelerate the growth of Fellow Health’s at-home semen analysis services for fertility and post-vasectomy testing. The company plans to expand its network of over 2,500 clinical partners and enter the employer-sponsored fertility benefits market. Bill Burkoth from Forest Road will join the company’s Board of Directors as part of this round.
As demand for male reproductive care increases, traditional testing methods remain outdated. Fellow Health addresses this gap with clinical-grade, mail-in semen testing that delivers accurate results privately and conveniently. With this Series B funding, Fellow Health aims to redefine male reproductive health delivery, making testing more accessible and integrated into the fertility care landscape.
KEY QUOTES:
“Male reproductive health shouldn’t be reactive or inaccessible. We are on track to deliver over 40% year-over-year revenue growth, with a path to profitability in our fertility segment by 2026. This investment allows us to scale that vision and support both patients and providers with modern tools that work.”
Brian Hogan, CEO of Fellow Health
“Fellow Health is exactly the kind of company we look for—operating in a large, overlooked market that’s long overdue for disruption. With over 50,000 test results delivered so far this year, they’ve proven there is real demand for a better patient experience.”
Bill Burkoth, Managing Partner, Life Sciences, Forest Road
“At 5AM, we back science that redefines what’s possible in healthcare, and Fellow Health is doing exactly that. They’ve taken a traditionally overlooked segment of reproductive health and applied the same rigor and precision that occurs at a traditional clinic. The result is a platform that is shifting the standard of care.”
Andy Schwab, Managing Partner of 5AM Ventures and Fellow Health Board Member
