See other companies on Otta

Carrot Fertility

Global employee fertility benefits provider

201-500 employees
  • Healthcare
  • B2B
  • Personal health
  • HR
  • Social Impact
101 Jefferson Dr, Floor 1, Menlo Park, California 94025, USA

Company mission

To make fertility and family-forming care accessible and affordable to all — regardless of age, race, sex, sexual orientation, gender identity, or geography.

Led by a woman
Top investors

Few candidates hear
back within 2 weeks

30% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Carrot Fertility allows employers to provide fertility healthcare benefits to their staff. The company’s program includes IVF, egg freezing, donor and gestational carrier services, adoption, and pharmaceutical services. Carrot services over 400 companies in over 60 countries, and has clients such as Peloton, Box, Slack and Eventbrite.

Given that the last decade has seen a 25% rise in parents using assisted reproductive technology, Carrot is operating in a growing space. The global fertility services market is expected to be worth over $40 billion by 2026. This is reflected in the surge of investment in the fertility space, which has trebled in the last decade to over $600 million per year.

Carrot has seen significant growth over the past few years, and this is expected to continue due to a shift towards telehealth transactions as well as a changing view of fertility services no longer being a perk, but a basic health requirement.

Benefits

  • 401(k)
  • Medical, dental, vision, and a $15,000 lifetime maximum benefit for fertility and family-forming
  • Access to licensed therapists and board-certified physicians
  • Productivity stipend
  • Co-working space
  • Up to 14 weeks of fully paid time off for all new parents for the birth, adoption, or foster care placement of a child
  • Home office stipend
  • Flexible time off policy

Funding (last 2 of 5 rounds)

Aug 2021

$75m

SERIES C

Aug 2020

$24m

SERIES B

$114.3m

Total funding

This company has top investors

Founders

Was an Executive Assistant in the Vice President's office at the White House. Acted as Deputy Director of the Clinton Foundation, and then worked as Director of Communications at the Federal Communications Commission in DC.

Studied at Harvard and the University of Chicago. Was a Clinical Resident specializin in Obstetrics at Yale-New Haven Hospital. Is President and Co-Founder of Umeed Foundation.

Jobs (7)

All locations

Data