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Founded Year

2016

Stage

Series C | Alive

Total Raised

$114.9M

Last Raised

$75M | 2 yrs ago

About Carrot

Carrot is a fertility care platform for women. The company's customized plans are recognized for their inclusivity, price transparency, and focus on healthier outcomes. It was founded in 2016 and is based in Menlo Park, California.

Headquarters Location

101 Jefferson Drive, Floor 1

Menlo Park, California, 94025,

United States

(800) 952-5210

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Carrot's Product Videos

ESPs containing Carrot

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Care Delivery & Navigation Tech

The virtual & hybrid fertility clinics market leverages technology to provide remote consultations, monitoring, and treatment for individuals struggling with fertility issues. This market includes a range of providers, such as telehealth platforms, at-home fertility testing kits, and virtual fertility clinics that offer both in-person and remote services. The market is driven by increasing awarene…

Carrot named as Highflier among 6 other companies, including Maven, Kindbody, and Oma Fertility.

Carrot's Products & Differentiators

    Carrot Plans

    Carrot Plans are personalized guides with over 200,000 possible combinations of options, each tailored to an individual Carrot member's specific needs, goals, and health concerns. Carrot's experts consider factors like medical history, age, sex, gender identity, and location to develop each unique plan. After a Carrot member receives their plan, they have unlimited access to experts who offer unlimited one-on-one support throughout their journey. Carrot Plans are inclusive of members’ unique needs, and flexible if plans change. If a member needs or wants to take a different path, they simply re-connect with a Carrot expert to discuss alternative plans and how to take the next step forward.

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Research containing Carrot

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Carrot in 4 CB Insights research briefs, most recently on Dec 14, 2022.

Expert Collections containing Carrot

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Carrot is included in 4 Expert Collections, including HR Tech.

H

HR Tech

4,033 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

D

Digital Health 150

300 items

The most promising digital health startups transforming the healthcare industry

D

Digital Health

10,563 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

W

Women's Health Tech

481 items

This collection includes companies applying technology to address a spectrum of physical, mental, and social well-being concerns specific to women. Examples include companies in reproductive health, maternal care, fertility tracking, and menopause support.

Latest Carrot News

08:00 ET New Report Reveals Menopause is Impacting Women's Careers with 80% Citing It as a Workplace Challenge

Sep 21, 2023

News provided by Share this article Share toX Carrot Fertility's 2023 Menopause in the Workplace report shows that stigma over battling menopause and ageism are both evident in the workplace; 72% are uncomfortable after experiencing menopause symptoms at work, and nearly 50% of women share that they've experienced ageism MENLO PARK, Calif., Sept. 21, 2023 /PRNewswire/ -- Women in the U.S. and UK share that menopause is impacting their careers, according to a new report from   Carrot Fertility . Ahead of Menopause Awareness Month in October, the leading global fertility care platform commissioned a survey of 2,000 employed American and British women who are experiencing perimenopause or menopause to uncover how it impacts them. Carrot's second annual Menopause in the Workplace report seeks to heighten awareness of its detrimental effects and encourage more menopause support for those who need it. Menopause symptoms create serious, career-limiting workplace challenges The survey revealed that 80% of respondents, regardless of professional sector or industry, report managing menopause symptoms as a challenge at work. The vast majority (72%) have felt uncomfortable or self-conscious after experiencing a menopause symptom in the workplace. A long list of work interferences was reported by women in both countries, with loss of concentration at the top for U.S. (42%) and UK (56%) respondents. Additionally, 28% of UK respondents reported lower confidence levels due to the stigma of menopause. For U.S. women, 27% reported needing to take more breaks. To manage their symptoms in the workplace, the majority of women (54%) reported the need to shift their work routine. Top actions include reducing hours, shifting careers, moving from full to part-time work, changing jobs for a less demanding one, and quitting. Notably, women of color are more likely to consider shifting from full-time to part-time to manage menopause; relatedly, they are also more likely to feel like menopause may damage career growth, including 58% of UK women of color, compared with 32% of white UK respondents and 22% of white U.S. women. Among respondents who took time off from work due to menopause, the vast majority — 79% — concealed the real reason at least some of the time. Moreover, an average of one-third (31%) of women surveyed feel that going through menopause while working will damage their career growth. Stigma over battling menopause and ageism are both evident in the workplace The majority of women surveyed experience stigma associated with battling menopause in the workplace, with 54% uncomfortable asking their employer for workplace benefits or support to address menopause challenges. The top reasons are the perception of being unable to manage job responsibilities, overall stigma, and uncertainty over who or how to ask for support. Nearly half of all respondents (47%) shared that they have experienced ageism at work. It's slightly more common for U.S. women (50%) vs. UK women (44%). Overall, 44% say they experience ageism more than male colleagues. Women of color are more likely to experience ageism and receive criticism. "Supporting women at work through perimenopause and menopause is an investment in retaining senior talent," said Tammy Sun, Founder and CEO of Carrot Fertility. "By offering age-inclusive fertility and lifelong hormonal health benefits, employers can keep women at the peak of their careers and foster greater menopause awareness in the workplace. Since we first introduced our menopause support more than a year ago, the majority of Carrot customers have started offering these benefits to their employees, showing promise that the tides are turning towards more menopause support in the workplace." Menopause is a mystery to women, but many are avoiding medical care For many women, menopause remains a mystery. Less than 20% of women say they had a high level of understanding of menopause before symptoms began. Despite reporting symptoms, though, many have avoided medical care. One in three respondents shared that they have never discussed menopause with their doctor, including 39% of British women, compared with 25% of Americans. When guidance from a doctor is sought, 66% report satisfaction with the support. "The average age for women to enter menopause is 51, but for some, it can begin much earlier," said Asima Ahmad, MD, MPH, FACOG, Co-founder and Chief Medical Officer, Carrot Fertility. "In some cases, perimenopause can last for over 10 years, and symptoms can vary greatly over time. That's why it's so important for women to get access to specialized menopause care and understand their options as early as possible. With treatment, symptoms can become less disruptive to their daily life and careers. It can also help women understand how to optimize their overall health, including their bone health and heart health." Discussion of menopause remains taboo, but women encourage more public discourse Most women are reluctant to discuss menopause, not only in the workplace but also among friends and family. Overall, just 23% of respondents have shared their menopause experience beyond their social circles. 26% in the U.S. and 15% in the UK are uncomfortable sharing with friends, and 20% in both countries are even hesitant to discuss with relatives. More American women (56%) are uncomfortable sharing with work colleagues than British women (41%). Women of color, however, are more open about the challenges of managing menopause at work, being more likely to vocalize it as an unbearable or significant challenge. They are also more likely to be open about menopause on social media or other public forums. Despite their own silence on the topic, nearly all respondents (90%) concur that more public awareness and discussion of menopause, symptoms, and their impact on women will help generate additional support. Specifically, respondents perceive the voices of renowned individuals as particularly helpful, with an average of 63% reporting they would feel better if they heard celebrities or public figures share their own menopause experiences. Methodology Carrot commissioned this scientific random sample of 2,000 respondents, equally divided between the U.S. and UK, who are all women between the ages of 45 and 60, currently employed for wages, and are either perimenopausal, currently menopausal, or recently completed menopause. The survey was fielded between August 21-25, 2023, and has a margin of error for the entire sample of 2; each country's sample has a margin of error of 3%. About Carrot Fertility Carrot Fertility  is the leading global fertility care platform, serving people of every age, race, income, sex, sexual orientation, gender, marital status, and geography. Trusted by hundreds of multinational employers, health plans, and health systems, Carrot's comprehensive clinical program delivers industry-leading cost savings for employers and award-winning experiences for millions of people worldwide. Whether there is a need for care through fertility preservation, male-factor infertility, pre-pregnancy, IVF, pregnancy and postpartum, adoption, gestational surrogacy, or menopause, Carrot supports members and their families through many of the most memorable and meaningful moments of their lives. With Carrot, you can pursue your possible. Carrot has received national and international recognition for its pioneering work, including Best Diversity, Equity, & Inclusion Product from the Anthem Awards, Fast Company's Most Innovative Companies, CNBC's 100 Barrier Breaking Startups, and more. Carrot is regularly featured in media reporting on issues related to the future of work, women in leadership, healthcare innovation and diversity, equity, and inclusion, including MSNBC, The Economist, Bloomberg, The Wall Street Journal, CNBC, National Public Radio, Harvard Business Review, and more. Carrot teams span more than 40 states across the United States and dozens of countries around the world. Carrot has received numerous workplace awards, including Fortune's Best Workplaces in Healthcare, Quartz's Best Companies for Remote Workers, and Great Place to Work and Age-Friendly Employer certifications. Learn more at carrotfertility.com. SOURCE Carrot Fertility

Carrot Frequently Asked Questions (FAQ)

  • When was Carrot founded?

    Carrot was founded in 2016.

  • Where is Carrot's headquarters?

    Carrot's headquarters is located at 101 Jefferson Drive, Floor 1, Menlo Park.

  • What is Carrot's latest funding round?

    Carrot's latest funding round is Series C.

  • How much did Carrot raise?

    Carrot raised a total of $114.9M.

  • Who are the investors of Carrot?

    Investors of Carrot include CRV, F-Prime Capital, U.S. Venture Partners, Silicon Valley Bank, Tiger Global Management and 14 more.

  • Who are Carrot's competitors?

    Competitors of Carrot include Kindbody and 8 more.

  • What products does Carrot offer?

    Carrot's products include Carrot Plans and 4 more.

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Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Carrot to Competitors

M
Maven

Maven operates as a digital health clinic for women. It offers a mobile application providing users access to instant video appointments and private messaging with healthcare practitioners. It provides solutions from preconception support to fertility preservation, in vitro fertilization (IVF), adoption, surrogacy, and more. The company was founded in 2014 and is based in New York.

Kindbody Logo
Kindbody

Kindbody operates a fertility clinic network. It develops a fertility and family-building care platform offering reproductive care from preconception to postpartum through menopause. The company was founded in 2018 and is based in New York, New York.

Genea Logo
Genea

Genea is a provider for infertility, IVF, and other assisted conception treatments. Genea develops assisted reproductive technology devices.

A
Apricity

Apricity is a virtual fertility clinic that offers treatment and nurses to patients. It provides an application that features injection and appointment reminders, guidance videos, and articles. Primarily it offers consultation, fertility treatment, and conservation services such as egg freezing, sperm freezing, embryo freezing, egg donation, egg donor search, and match, egg donor match and screen and embryology. The company was founded in 2018 and is based in London, United Kingdom.

Visana Health Logo
Visana Health

Visana Health offers a women’s digital health platform. It provides virtual gynecology that empowers women to access practice care through evidence-based programs, health coaching, and member navigation. The company was founded in 2019 and is based in Minneapolis, Minnesota.

Future Family Logo
Future Family

Future Family operates as a fertility care company. It offers subscription plans for In vitro fertilization (IVF) and egg freezing, with on-demand medical support through Concierge Care. The company was founded in 2016 and is based in San Francisco, California.

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