PayPal co-founder Max Levchin’s iOS fertility app Glow has garnered $6 million in funding from Founders Fund and Andreessen Horowitz, among other investors. Mr. Levchin launched the app earlier this year with $1 million of his own money so couples could enjoy “conceiving with confidence” as quickly as possible. Glow crunches and analyzes vast quantities of data specifically used to help users get pregnant.
What makes Glow unique is the second component of its service—Glow First. Glow First is a way for couples to share the risk of infertility with other couples that are trying to start families. Glow users have the option to sign up for the program, which requires couples to contribute $50 per month for up to 10 months. During this time period, most couples should successfully conceive, while the rest split the entire fund towards infertility treatment.
Glow isn’t the only company entering the fertility space with a mobile application. Three notable rivals have received VC funding in the past year—Massachusetts-based Ovuline, Colorado-based Kindara and Germany-based Clue.