Stork Club Fertility, Inc.

Stork Club Fertility, Inc. is a healthcare company that provides comprehensive family-building benefits, including fertility and maternity care, through a managed reproductive care platform for employers and individuals. Founded in 2017 and headquartered in San Francisco, US, Stork Club Fertility, Inc. offers a managed reproductive care platform that connects individuals with dedicated Care Partners.

The company has raised USD 29. 25 mn in Series A funding as of April 20, 2021, led by General Catalyst Partners, with participation from Bowery Capital and Slow Ventures. Jeni Mayorskaya serves as both the CEO and founder of the company, which has successfully completed three funding deals to date, achieving a current valuation of USD 100. 19 mn.

Stork Club provides a comprehensive suite of family-building benefits designed to assist individuals through their reproductive journeys. Their core offering is a managed reproductive care platform that connects users with dedicated Care Partners for personalized support. Services include fertility cryopreservation, IVF, pregnancy support, postpartum recovery, and access to clinical care, provided both virtually and in-clinic. The company's target market consists of employers looking to enhance their employee benefits packages to better support diverse talent and manage healthcare costs associated with reproductive care, with services available primarily in the US and also to international clients.

Stork Club generates revenue through employer partnerships that subscribe to its family-building benefits platform. Clients pay for access to various reproductive health services, which may include fertility treatments, maternity care, and wellness resources. The revenue model is based on B2B agreements, allowing companies to customize their offerings for employees. This pricing structure aims to provide cost control and savings for employers while delivering measurable outcomes related to improved reproductive health metrics and reduced healthcare costs.

Following their Series A funding round in April 2021, Stork Club Fertility, Inc. plans to utilize the USD 29. 25 mn raised to expand its family-related services and improve modern maternity care. The funding will support the development of new products aimed at enhancing overall maternity-related clinical outcomes and member experiences.

Additionally, the company aims to expand its market reach in specific geographic regions, although exact regions and timelines for this expansion have not been outlined.