Anna Haotanto, Founder & CEO of Zora Health
Today, Zora Health announced the launch of its integrated fertility care and financing platform in Singapore, with S$1 million (US$740,000) in funding.
With initial backing from venture capital firm Antler, this funding round includes the participation of angel investors such as Cheryl Goh (Founding CMO of Grab), Prajit Nanu (CEO of Nium), Alan Jiang (CEO of Beam), and Lisa Enckell (Venture Partner, Antler), along with Asa Liden (former COO of Pitch.com).
In a press statement, Zora Health said that 55 per cent of its investor lineup consists of women.
“The fertility treatment landscape is daunting to the women and couples seeking fertility care due to the multitude of service options and providers, complicated regulations and confusing pricing structures. Zora Health’s integrated approach addresses these issues head-on, simplifying the process for patients, healthcare providers and corporations in a fragmented market,” said Anna Haotanto, Founder & CEO of Zora Health.
Zora Health provides a comprehensive ecosystem that integrates virtual and in-person consultations, medical concierge services, fertility education workshops for corporations and fertility financing. The platform’s initial service offerings include egg freezing, in-vitro fertilisation (IVF), fertility testing and consultation services.
Also Read: How Singapore became a leading femtech startup hub in SEA
At a later stage, it also offers fertility financing.
One of its offerings includes programmes tailored for corporate clients seeking to cultivate fertility-friendly work environments and facilitate meaningful fertility discussions.
“Research has demonstrated that addressing fertility concerns can result in a 77 per cent increase in employee retention, with 89 per cent reporting improvements in their mental well-being. Zora Health aims to help employers attract and retain top talent, boost employee productivity, and enhance employee well-being through the implementation of these corporate initiatives,” Zora Health said.
Infertility is an escalating issue, affecting an estimated one in six people, as many as 48 million couples and 186 million individuals worldwide, according to the World Health Organisation.
The company said that it already has a waitlist of more than 180 patients and partnerships with more than 50 clinics in 16 cities in eight countries globally.
—
Image Credit: Zora Health
The post Zora Health gets US$740K in funding to launch its one-stop fertility care platform appeared first on e27.