Commercial surrogacy is now legal in New York. This opens up a brand new market with routine surrogacy costing anywhere from $100K-$250K per child. These fees cover the attorneys, surrogate agency, cost of in-vitro, and the health insurance and compensation for the surrogate. GoStork is the first marketplace focused on fertility that introduces transparency to the process. The platform features a free database of egg donors, presently numbering 10K+, IVF clinics, and 50+ surrogate agencies. Users can save countless hours by using GoStork for side-by-side comparisons, reviews, detailed cost breakdowns, and more. 1/8 couples experience infertility and the startup, founded in June of 2020, seeks to be the trusted resource to navigate this $36B market. AlleyWatch caught up with Eran Amir to learn about the inspiration for the business, the future plans, and recent round of funding from investors that include Edith Simchi-Levi, Dr. Gad Levy, Dror Feldheim, and David Ring.
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 2/27 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Fi, Heyday, Electric, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/24/2021 featuring funding details for Burrow, GoStork, and much more.