Morgan Health, the healthcare venture arm of JPMorgan, invested $25 million into Kindbody, a tech-focused fertility clinic network and benefits provider.
The company provides both virtual and in-person fertility care options. Kindbody provides fertility benefits to 112 companies, including Walmart and Medtronic, according to a May 1 Morgan Health news release.
"Only three things matter in healthcare: cost, experience, and outcomes, and only Kindbody, as the provider of care, can effectuate change in all three," Gina Bartasi, founder and chairwoman of Kindbody, said in the release. "Our partnership with Morgan Health will fuel Kindbody's continued growth allowing us to expand into geographies where the need for high-quality fertility care is in the greatest demand, so that more people can access the essential care they need to become parents."