Navigation Links
NFP Ventures Invests in Nubundle Inc., Insurance and Lending Support for Fertility Services
Date:11/20/2018

NFP Ventures, the early-stage investment arm of NFP, today announced a minority investment in Nubundle Inc. (Nubundle), the nation’s first holistic family planning and fertility services company. The transaction closed on Nov. 9, 2018.

Nubundle’s mission is twofold: to make family planning and fertility care accessible to all, and to redefine employers’ relationships with families by providing family planning concierge support, access to a premium network of fertility clinics with bundled discounts, and financial support through insurance. In most states, health insurance does not cover fertility treatments, yet the average cost of in vitro fertilization (IVF) treatments continues to increase. Also on the rise – the age in which individuals are starting families, creating even more of a demand for IVF. The gap in adequate financial support makes starting a family a nearly unattainable dream for many. Reproductive Medicine Associates of New Jersey’s 2018 Infertility Trends National Survey reveals less than 20 percent of respondents have access to employer-provided fertility treatment benefits, and 57 percent indicate they would change their place of employment for better treatment options. To retain valuable employees, now is the right time for solutions like Nubundle. This investment reflects NFP’s commitment to offering clients innovative solutions and products that address a known need and lessen cost barriers.

“NFP provides solutions that better employees’ lives personally as well as professionally. For many, a deeply personal goal is starting a family, a process that has become increasingly costly and confusing when fertility treatment is required,” said Shawn Ellis, managing director of NFP Ventures. “We are thrilled to invest in Nubundle, a market entrant that is innovating the family planning and fertility space. We believe in access to affordable and all-encompassing benefits packages that provide for employees, their families and future family members.”

“In the goals of lowering costs, increasing quality of care and boosting social outcomes, NFP and Nubundle are completely aligned,” said Mike Goldman, president and COO of NFP. “Given the lack of product innovation within health plan design and the costs associated with IVF and other treatments, Nubundle represents a truly differentiated offering for employers and consumers.”

“NFP’s understanding of the health and benefits space is unparalleled — we couldn’t be more thrilled to have their counsel on our go-to-market strategy,” said John Ciasulli, co-founder and CEO of Nubundle. “Starting a family is a milestone – one of the great moments in an individual’s life – and with NFP’s help, we can make this a more inclusive experience for all by increasing education and the number of treatment, financing and insurance options while keeping the emphasis on patient care.”

For more information, please visit https://www.nubundle.com.

About Nubundle
Nubundle helps employers redefine their relationships with families through benefits by providing access to family planning and fertility services. Nubundle offers a platform that provides access to an experienced network of family planning and fertility experts, affordable fertility services, and just-in-time insurance.

About NFP Venture, LLC.
NFP Venture, LLC. (NFP Ventures) is a venture fund launched by NFP that focuses on strategic partnerships and investments in the emerging Insurtech, Fintech and HR Tech arenas. NFP Ventures’ mission is to find, fund and work successfully with visionary executives, providing them with expertise to foster long-term success. Typically, NFP Ventures targets companies seeking Seed to Series B investment that can benefit from NFP’s distribution, human capital and other unique assets to accelerate their growth.

About NFP
NFP is a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement and individual private client solutions through our licensed subsidiaries and affiliates. Our expertise is matched by our commitment to each client's goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.

NFP has more than 4,700 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We've become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.

Recently NFP was named the 2nd largest retirement plan aggregator firm, as ranked by Investment News; the 5th largest US-based privately owned broker, the 5th best place to work in insurance and the 6th largest benefits broker by global revenue by Business Insurance; the 9th largest property and casualty agency by total 2016 P&C revenue and the 9th largest commercial lines agency by total 2016 P&C and commercial lines revenue by Insurance Journal; the 10th largest employee benefits broker by Employee Benefit Adviser; the 11th largest broker of US business by Business Insurance; and the 12th largest global insurance broker by Best's Review.

For more information, visit NFP.com.

Read the full story at https://www.prweb.com/releases/nfp_ventures_invests_in_nubundle_inc_insurance_and_lending_support_for_fertility_services/prweb15931668.htm.


'/>"/>
Source: PRWeb
Copyright©2018 Vocus, Inc.
All rights reserved


Related medicine news :

1. Cecil McCrory’s Newly Released “Julia’s Adventures With Harvey and Tinker Belle: Julia Meets Harvey” is a Delightful Tale That Tells a Valuable Lesson for a Lifetime
2. Lea Michelle Johnson’s Newly Released “Fearless Noah: The Adventures of the ‘Christ-Like Crusader’” is an Inspiring Story on Noah, a Child Who Wants to Be a Superhero
3. Dewey Plaster newly released “Childhood Memories of a Virginia Wanderer” is the heartwarming account of the author’s fondest childhood memories and adventures
4. Author Silva Knight’s Newly Released “The Adventures of Prince Peter Platypus” is a Story that Teaches the Importance of Obedience and Forgiveness
5. Author Donna Mcfarlain’s Newly Released “The Crew Cut Boys: A Summer Of Mishaps” Is A Summer Of Misadventures With Paw Paw Flipper And The Crew Cut Boys
6. Author Linda W. Millikin’s Newly Released “Succession: Sequel To Time-Trapped In The Attic” Continues The Adventures Of Freddreese Campton And Her Companions
7. New Adventures Await Couples at Four Seasons Maui
8. CardioWise™ Acquires Worldwide Rights to Patent, and Software to Guide Cardiac Resynchronization Therapy Through License Agreement with Johns Hopkins Technology Ventures
9. Author Carol Lynn Sisk’s Newly Released “Fidget” Is the Author’s Fun-filled, Action-packed Memoir of Adventures
10. Author Edward Bieniek’s Newly Released “Lucky the Buffalo and Her Adventures” is a Collection of Stories that Teach the Value of Love, Togetherness, and Family
11. Author Helen R. Davis‘s Newly Released “Athena: The Warrior Queen of Yavdolo, Vol. 1” Introduces a Girl of Great Courage who Embarks on Many Adventures to Save her World
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/21/2020)... , ... May 21, 2020 , ... A Safe Haven ... donation from the $5 million AbbVie COVID-19 Community Resilience Fund. The fund was created ... needs of their frontline homeless workers in service to vulnerable populations in hard-hit communities. ...
(Date:5/21/2020)... TAMPA, Fla. (PRWEB) , ... May 21, 2020 , ... ... redefined normal, there have been a lot of complications and adjustments, needless to say, ... to the highest level since the great depression it can be hard to escape ...
(Date:5/17/2020)... (PRWEB) , ... May 18, 2020 , ... ... stem cell therapy program at its Tijuana regenerative clinic. There are two program ... effective and safe cell counts. , While it is unclear exactly what causes ...
(Date:5/16/2020)... ... May 16, 2020 , ... Dr. Tomasz Biernacki ... will prevent permanent arthritis from developing. This can keep the foot from being unable ... “It is estimated that the people who develop flat feet and bunion ...
(Date:5/15/2020)... ... 2020 , ... On May 17, World NF Awareness Day, actors, musicians, comedians, ... a benefit to support the Children’s Tumor Foundation and to Make NF Visible. NF, ... nerves throughout the body and affects all ethnicities, races, and genders equally. In addition ...
Breaking Medicine News(10 mins):
(Date:5/21/2020)... ... May 21, 2020 , ... Latham Pool Products Aids ... 25,000 polymer film gowns that will be worn by doctors and nurses , ... and accessories, is excited to give back to the community in a collaborative ...
(Date:5/21/2020)... ... May 21, 2020 , ... After ... began implementing telehealth solutions in order to continue seeing patients despite lockdowns and ... the place for virtual care and complete healthcare communications, conducted online by The ...
(Date:5/21/2020)... ... May 21, 2020 , ... Cataract is the world's leading ... in all nations. In the United States, more than 25 million Americans are estimated ... and Costs of Vision Problems .” As the population in America continues to age, ...
Breaking Medicine Technology: