Stork Club raises $2.7 million for maternity care platform

San Francisco-based maternity care platform Stork Club announced a $2.7 million seed funding from Bowery Capital, Slow Ventures and angels Arianna Simpson (Partner at Andreessen Horowitz), Kevin Mahaffey (Co-founder of Lookout) and others.

Established in 2017, Stork Club is a team of ~10. It provides an enterprise solution consolidating all aspects of fertility and maternity care into one concierge-like experience. “Unlike a perk or another app, Stork Club extends traditional healthcare coverage to historically overlooked, yet critical components of maternal health: diagnostics, egg and sperm freezing, IVF, surrogacy, adoption, childbirth with doulas and breastfeeding support.”

Here’s how it works: Employers add Stork Club to their health plan to provide coverage for fertility and certain aspects of maternity care. Covered employees and their dependents access Stork Club desktop and mobile apps to get recommendations and care relevant to their current family goals: whether they plan to have a child later, now, are already expecting or returning back to work. All members have access to vetted certified telehealth experts, as well as transparent payments integrated with their existing health plan.

“Maternity care was designed 50 years ago for a young, heterosexual family where the mother stayed home. That’s not today’s family. Stork Club modernizes care for families by integrating all maternity care into a simple, inclusive solution. By partnering with top providers directly and providing a continuity of care, we give people the freedom to have a family on their terms, guide them to better outcomes, and help businesses save millions of dollars per year.” – Jeni Mayorskaya, CEO and founder of Stork Club.

“There is a lot of capital being put into rethinking our healthcare system as the value of healthcare has gone down. Premiums continue to rise, but there has not been a commiserate rise in the quality of care. Within maternity care, a lot of the focus has been on improving acute treatments. What is compelling about Stork Club is that they are looking at maternity care holistically. Providing best-in-class access to IVF is important and can deliver better results at a lower cost, but Stork Club is asking ‘have we done everything we can to avoid IVF altogether?’. Building a solution aimed at addressing the entire maternity journey has the potential to deliver the best outcomes at the lowest cost.” – Will Quist, partner at Slow Ventures.

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