Future Family tops $100M of fertility assset sales with new transaction with Clear Haven Capital Management as demand surges for fertility services

Future Family, the female-founded fintech company making world-class fertility care accessible to couples and individuals nationwide, today announced an asset sale of $68 million of fertility loans to Clear Haven Capital Management. The asset sale comes at a time when demand for fertility and IVF services nationwide continues to expand. The market is demonstrating strong year-over-year growth, delivered over 400,000 cycles of treatment in 20231, and new clinics are being built across the nation to serve more consumers.

There is equally strong demand for financing for fertility and IVF treatments, with a typical procedure averaging over $18,000. That expense falls out-of-pocket to the majority of Americans. Fertility treatment is considered an elective treatment and is therefore not covered by most insurance providers.

Mark Simmer, Managing Partner at Clear Haven Capital Management, noted: “We are pleased to announce this partnership with Future Family. Our hope is that by providing this capital to Future Family, we are supporting their mission to reduce financial barriers for couples and individuals to access the fertility treatments they need to start and grow their families.”

The asset sale to Clear Haven Capital Management adds to over $37M of assets sold to partner City Federal Credit Union (CFCU). CFCU has been a consistent purchaser of our loans since October 2022 and has built successful loan syndication programs under the leadership of CEO Frank Frazzitta. Mr. Frazzitta had this to say of the partnership with Future Family: “We are grateful for Claire Tomkins’ foresight to see the need for fertility financing, and then proving out the asset class over several years. Here at CFCU, we are aligned around the mission to support more families, and we are pleased with the performance of the Future Family fertility loans.”

The trends around fertility needs are driven in part by demographics, with more and more women and couples starting families later in life. For couples over the age of 35 and trying to conceive, over 30% will require fertility support. Secondary infertility, where a couple struggles to have a second child, already impacts 11% of the population according to the Cleveland Clinic and is an increasing reason to seek IVF.

Future Family has been working to meet rising demand for fertility care and has a highly differentiated “direct to clinic” product offering that includes wrap-around services for the consumer. Future Family clients receive on-demand care and coaching from Registered Nurses as they go through their fertility journey. This approach has driven five-star reviews for the company, and provides a true win-win for our clinic partners as well.

“At Future Family, we are dedicated to building the best financial products to support families in America. We are grateful to both CFCU and Clear Haven Capital Management, and we will continue to expand our partnerships as we further scale the business,” says CFO James Giuliani.

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