Cofertility, the fertility ecosystem that offers women free egg freezing when they donate half of their retrieved eggs, has announced the completion of a $7.25 million Series A funding round. The investment was led by Next Ventures and Offline Ventures, with additional support from Initialized, Arkitekt, Foreground, Gratitude Railroad, How Women Invest, Gaingels, and Everywhere VC.
The three-year-old startup’s latest financing brings Cofertility’s total raised capital to $16 million, which will be used to advance their mission of making egg freezing more accessible and egg donation less transactional.
“The donor egg market has long been constrained by structural inefficiencies—limited donor availability, opaque matching processes and a transactional system that prioritizes financial incentives,” said Mel Strong, General Partner at Next Ventures. “At Next Ventures, we’re focused on empowering people to live more capable lives through whole-person care solutions, and we’re proud to support Cofertility’s unique model of integrating egg freezing with an innovative egg-sharing approach, expanding donor access, increasing quality/diversity and aligning incentives in a way that benefits both donors and intended parents.”
Cofertility was founded by Lauren Makler and Halle Tecco. Through the company’s Split program, women can freeze their eggs for free when they donate half of the eggs retrieved to people who cannot otherwise conceive. This creates a mutually beneficial arrangement that addresses several challenges in fertility care, including the high cost of egg freezing, lack of diversity among egg donors, and the transactional nature of traditional egg donation.
“As a rapidly growing, female-founded organization, we have always been committed to making fertility care more equitable,” said Lauren Makler, CEO and cofounder of Cofertility. “By raising smart capital from experienced industry partners, we are strengthening our commitment to scale our core mission. This funding will allow us to expand our offerings, enhance our technology and reach even more people who need these services.”
The new capital will primarily support the further development of Cofertility’s proprietary technology platform, a custom-built egg donor database that streamlines the entire egg donation process from recruitment and matching to cycle coordination.
Additionally, the funding will help scale the team to meet growing demand, strengthen partnerships with healthcare providers, and invest in advocacy work. One example of the company’s advocacy efforts is their recent Level the Playing Field campaign, which united voices like investor Maria Sharapova alongside Olympians and professional athletes including Ashlyn Harris, Alysia Montaño, Carly Patterson, and Missy Franklin to raise awareness about the challenges women athletes face when planning and building their families.
“Cofertility is challenging outdated norms and creating a new model centered on optionality,” said Brit Morin, Founding Partner at Offline Ventures. “At Offline, we back companies that don’t just improve industries, they redefine them, and Cofertility is truly flipping the script on traditional fertility options. We’re proud to continue supporting their mission to bring innovative solutions to this long-overdue space.”
