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US Fertility is a physician practice management company providing business support services of top-tier fertility programs across the United States. The affiliated clinical practices represent the leading fertility programs in their respective markets, united under a shared mission to drive innovation and leverage best practices to enhance both the patient experience and treatment outcomes.

usfertility.com

Subsector: Provider & Payor Services

Headquarters: Los Angeles, CA

Investment Date: July 2020 & December 2021

Status: Current (Fund II / Stork SPV)

Laboratory technician handling samples in a fertility research lab

Investment Thesis

  • Large, high-growth specialty supported by favorable demographic trends
  • Highly fragmented market with opportunity for M&A and de novo expansion
  • Created clear U.S. market leader through partnerships with top-tier medical groups
  • Significant upside from expanding high-value ancillary services
  • Unique market entry advantage due to COVID-driven disruption in 2020
Pregnant person gently holding their belly in a bright home environment

Value Creation

  • Platform: built an integrated offering across the full fertility lifecycle
  • Growth Strategy:  pursued de novo expansion and targeted acquisitions to scale platform
  • Ancillary Services: developed comprehensive fertility-focused ancillary offerings (ASC, lab, pharmacy, genetics, nutrition, cryostorage)
  • Operations: established differentiated, centralized MSO operations with executive leadership, research, procurement, and proprietary technology

As of November 2025. Case studies are illustrative and not a complete list; past performance is not a guarantee of future results; see Important Notices.