Kindbody, a New York-based technology-driven fertility clinic network and family-building benefits provider for employers, raised $100M in funding.
The round, which brought total equity and debt funding to more than $290M, and its valuation to $1.8 Billion, was led by Perceptive Advisors.
The company intends to use the funds to continue to add new clinics in underserved U.S. markets and invest in operations to further enhance its care model.
Led by Gina Bartasi, Founder and Chairwoman, Kindbody is a technology-driven fertility clinic network and family-building benefits provider for employers offering virtual and in-person care. The company owns and operates fertility clinics and contracts directly with employers to provide comprehensive virtual and in-person care to their employees.
In 2022, Kindbody made three strategic acquisitions to accommodate growth, including Vios Fertility Institute, more than doubling its national clinic footprint; a genomics company, adding genetic testing and carrier screening to its end-to-end care delivery model; and, a gestational surrogacy agency, further expanding its continuum of care. Today, Kindbody owns and operates 31 clinics nationwide with plans to open ten new clinics in 2023 in underserved markets with the greatest demand for affordable, high-quality fertility healthcare.
FinSMEs
02/03/2023