In recent years, some women, who have focused on delaying career and marriage age, are considering preserving reproductive power through egg frozen.
However, the steep cost of the procedure, which is estimated to be $ 10,000 to $ 15,000 per attempt, means that you cannot afford it during the most fertile year in your 20s and early 30s.
COFERTILITY, a new company founded by former Uber executives Lauren Makler and Health Tech Angel investor, COFERTILITY, provides an egg freezing egg freezing in exchange for donating half of the searched eggs to those who cannot pregnant.
The three -year -old new company raised a series A round of $ 7.5 million led by Next Ventures and offline ventures with the participation of initialization, Gaingels and other investors. The financing round offers total funds for $ 16 million.
The idea of subsidiary comes from the reproduction and health of Makler. The 2018 diagnosis of rare abdominal disease led to several surgery that threatened the loss of ovaries.
In such a situation, doctors sometimes suggest egg frozen to young women who sometimes want to have children, but that’s not an option for Makler.
So she began to learn as much as possible about egg donation.
Makler knew that the donor was rewarded for eggs, but was shocked by how expensive the egg was. If she wants the Jewish donor’s egg to fit the background, it will cost more. The price is higher when she finds eggs in a trained woman.
“I felt like an egg donor’s surge price.
Luckily, Makler naturally conceived a child, but because of that experience, she wanted to create a business that matched people who needed donors and young women who wanted to preserve Dasan.
The concept of egg sharing is not new, but Makler claims that Cofertility is the only company that provides eggs on scale through the “split” program.
Makler said, “There are hundreds of donors that can be used by the intended parent.
Makler says that the egg donor of Cofertility has come from a variety of backgrounds, about 55%of which have a graduate degree.
The intended parent deals with the standard egg donation of egg search costs and adjustment of the auxiliary function. But they do not need to compensate the donor, so they lower the cost of the burden.
Makler doesn’t want to call Cofertility a market, but she agrees that it works like one and that the company is solving a big structural problem.
“The big vision and goal is to eliminate the taboo of egg donation,” she said. “It’s not ashamed to be a parent. It’s an interesting choice to do so with the help of a donor who is interested in freezing her eggs.”
