Fertility startup Apricity reports 84% revenue surge despite delays to IVF during COVID-19. Check out the pitch deck it used to raise $7 million in Series A funding from AXA's Kamet Ventures in 2019.
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Apricity has delayed plans for a Series B round until 2021, but has received startup support from the French government because of the difficulties caused by COVID-19. The startup, which runs fertility clinics with partners and has digital services such as a patient care app and 24/7 online support, delayed all in-vitro fertilization rounds that were due to start during two months of lockdown. But revenue still grew from £90,000 in April to £184,000 in June — its best month ever.
"At the moment we have actually success rates which are higher than the ones in the market," said CEO Caroline Noublanche, adding that it was too early to publish concrete numbers.
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