• Future Family, a fertility care startup offering easy plans for IVF and egg freezing services, has raised USD 25 million in a Series B funding round at a USD 80 million valuation. The round was led by Munich Re Ventures, with participation from new investors such as TriVentures and MS&AD Ventures and existing investors such as Aspect Ventures and Mindset Ventures. Future Family’s total funding following this round stands at USD 150 million (including a USD 100 million credit line).

• The funds will be utilized to accelerate product development, and to expand its network of fertility clinics, channels, and employee headcount.

• The funding comes on the heels of the company’s strong growth and momentum in 2021. The company recorded a 300% growth in gross transaction volume (GTV) and doubled its employee headcount in 2021. 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. Future Family’s Founder and CEO Claire Tomkins noted that the company would reveal more news in 1H2022 and expects faster growth in 2022 and 2023.

<ul><li> Analyst QuickTake: The latest funding comes less than a year after the company raised a USD 9 million Series A extension in May 2021, in which it used the funds to add more fertility clinics, including CCRM, to its clinic partnership network.</ul>