Boulder, Colorado-based Kindara, which offers fertility tracking tools, has raised $5.3 million in a round led by Boston Seed Capital with participation from SOS Ventures, Good Works Ventures, PV Ventures, MENA Venture Investments, and 62 Mile Ventures. The funding included the conversion of $1.9 million in convertible notes.
This brings the company's total funding to at least $6.5 million to date.
"The Kindara platform gives [women] an unprecedented level of insight, support, and empowerment when making decisions around achieving or avoiding pregnancy," Kindara CEO Will Sacks said in a statement. "This recent round of funding will allow us to extend our lead in this movement and expand beyond fertility to provide lifetime support for women’s health and wellness.”
Kindara offers a fertility tracking app which collects a number of health metrics including temperature, cervical fluid, menstruation, and sex. Sacks told MobiHealthNews last year that Kindara’s app user base mix includes about 65 percent trying to get pregnant, 25 percent trying to avoid pregnancy, and about 10 percent using Kindara to understand some kind of cycle problem, which may be because of thyroid issues, endometrioisis, or any number of conditions.
Last October, the company unveiled its first device, a smartphone-enabled fertility thermometer called Wink. The device can be used, in conjunction with the app, to help women conceive or avoid pregnancy. Wink is wireless and does not need to be plugged into the phone, so a woman can take her temperature and then check her app later to see her data. The Wink device also has an LED display that shows the user’s basal body temperature to two decimal points directly after she takes a reading.
Some of the funds Kindara raised will be used to finalize the manufacturing of Wink, which the company expects to ship at the end of 2015. The device is available for preorders at a $79 price point, which will increase to $129 at retail.
Since launching in 2012, Kindara, by the company's own count, has helped 75,000 women conceive.
