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Carrot Raises $11.5M To Expand Corporate Fertility Benefits

by businessinsider.com posted 1month ago 9 views
Carrot, which helps companies offer their employees comprehensive fertility benefits, raised $11.5 million in Series A funding. CRV led the round, with participation from Sound Ventures, Y Combinator, and Uncork Capital. Tammy Sun founded Carrot in 2016 after experiencing what she describes as the expensive, confusing fertility treatment system. The company covers egg freezing, surrogacy, adoption, and other fertility treatments that are not typically covered by employer-offered insurance plans. According to Sun, fertility benefits will be the "fourth pillar" of coverage employers that will offer to employees in addition to medical, dental, and vision benefits. Visit BusinessInsider.com for more stories.

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