Future Family

Future Family helps families afford expensive fertility services such as in vitro fertilization (IVF) and egg freezing. It works with fertility clinics to determine the price of procedures and provide plans for its customers to cover the cost through monthly payments, usually over a five year period. Future Family offers 60-month loan schemes ranging USD 300–USD 475 per month and finances up to USD 50,000 for IVF treatments with interest rates based on standard credit metrics. Its egg freezing plan starts at USD 150 per month for 60 months, while the lump-sum egg freezing cost can amount to around USD 10,000-11,000. The company was founded by Clair Tomkins and Eve Blossom, after Tomkins observed the need gap of financial services based on personal experience with the industry.

In May 2019, the company launched a membership program to advise customers on fertility treatments. Future Family offers a dedicated fertility coach, recommendations on doctors/clinics in the patient region, and upfront service pricing. In September 2020, Future Family expanded its leadership team by adding veteran fintech executive Matt Krogstad as its VP of Product.

In March 2021, Future Family partnered with the Colorado Center for Reproductive Medicine (CCRM) to help CCRM’s patients afford costly fertility treatments, with installments starting at USD 350 per month.

Future Family recorded a 300% growth in gross transaction volume (GTV) and doubled its employee headcount in 2021. Future Family expects even faster growth in 2022 and 2023.

In April 2022, the company raised USD 25 million in a Series B funding round led by Munich Re Ventures, at a valuation of USD 80 million. The funds were expected to be utilized to accelerate product development, and to expand its network of fertility clinics, channels, and employee headcount.