Hannah Life Technologies (Hannah) offers a flexible, silicone-based vaginal insert device that increases the concentration of sperm into the cervical opening, maximizing the number of sperm that meets the egg.
When compared to other treatments like intrauterine insemination (IUI), Hannah’s device is non-invasive, increases the chance of natural conception at home, and sends sperm through cervical mucus (unlike IUI) which can filter unhealthy sperm. Moreover, the company claims Hannah’s device should cost only 10-20% of the cost of an IUI cycle. Hannah was part of Y Combinator’s startup accelerator program, in Summer 2020, and its device was in closed beta as of December 2020.
Hannah reported revenue growth of over 300% quarter-over-quarter (QoQ) between August 2021 to May 2022, and it served more than thousands of households in Singapore and the UK, as of May 2022.
In May 2022, the company raised USD 5.15 million in a pre-Series A funding round led by Monk’s Hill Ventures. The funds were expected to be utilized to increase its employee headcount and to expand its sales and marketing efforts in the US and Europe.
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