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Venture Capital News: Kindbody Raises $100M

2023-03-02
NEW YORK, NY, Kindbody today announced it raised $100 million in capital from Perceptive Advisors.
Kindbody, a leading technology-driven fertility clinic network and family-building benefits provider for employers, today announced it raised $100 million in capital from Perceptive Advisors, a leading life sciences investment firm, to support future company growth. The latest financing brings Kindbody's total equity and debt funding to more than $290 million, and its valuation to $1.8 billion, solidifying its position as the largest women-owned fertility company serving employers and consumers. This financing allows the company to continue to execute on its vision of affordable and accessible fertility care, by adding new clinics in underserved U.S. markets and by investing in operations to further enhance its care model which is designed to deliver industry-leading clinical outcomes.

Kindbody is a technology-driven fertility clinic network and family-building benefits provider for employers offering virtual and in-person care. Kindbody is the trusted fertility benefits provider for 112 leading employers, covering more than 2.4 million lives. Many thousands more receive their fertility care directly from Kindbody throughout the country at signature clinics, mobile clinics, and partner clinics.
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