TA Ventures and ICLUB invest in German fertility startup Fertilly
VC firm TA Ventures and private investors club ICLUB has invested in German startup Fertilly. The company offers patients pre-medical counseling services and patient-centered, digital processes that make the path to the desired child much easier. In doing so, Fertilly helps to find the most suitable fertility center for each individual concern. The funding amount is not disclosed.
Besides TA Ventures and ICLUB, the company got seed financing from IBB Ventures, Wille Finance, Sanner Ventures, and several business angels.
The company intends to use the funding in two ways. Firstly, the expansion of the team and clinic network is to be driven forward in order to meet the strong increase in demand in the core markets of Germany, France, and Italy. In addition, further markets are to be developed. The use of the platform www.fertilly.com remains free of charge for patients.
What is Fertilly
Fertilly advises women, men, and couples free of charge on the subjects of fertility, family planning, and assisted reproduction. Despite 1 in 7 couples being unable to conceive naturally, the discussion about infertility is still heavily stigmatized in today’s society – Fertilly wants to change that.
“Today, in every school class, there’s on average one child that has been born through assisted reproduction. This number will continue to increase significantly in the future, due to far-reaching social and cultural changes,” says Christoph Müller-Guntrum, Co-Founder and Managing Director of Fertilly.
By digitizing major steps along the fertility journey, Fertilly ensures more transparency in the process while providing a better patient experience.
“The topics of fertility, assisted reproduction, and family planning are moving into the digital world at a high pace. Patients want to take more ownership when it comes to their fertility, and have growing requirements regarding transparency and patient-centricity along the journey. We look forward to significantly shaping the development in this field over the coming years,” Stephanie Kaiser, Co-Founder and Managing Director of Fertilly, explains.
TA Ventures Investment Rationale
TA Ventures is an early-stage venture fund, backing companies in Europe and North America at Seed and Series A, alongside high-profile co-investors, across a wide range of tech sectors. ICLUB Global is a network of investment clubs where private investors can co-invest with TA Ventures into fast-growing startups in the EU and US.
“In reviewing Fertilly as an investment opportunity, we saw not only an attractive market but also a strong team that has developed a product to capture and digitize this market. In the face of modernizing legislation, confusing decision-making processes, and the ongoing stigma surrounding the topic of “unfulfilled desire to have children,” we see Fertilly as the optimal way to serve expectant parents both through comprehensive counseling and with a hand-picked network of fertility centers,” says Elya Chechenieva, Investment Manager at TA Ventures.