Sam Parr explains how CoFertility offers free egg freezing in exchange for donating half your eggs. The company keeps the donated eggs, matches them to paying recipients, and charges those recipients about $13,700. Typical egg freezing costs around $10,000.
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Last 5 years, egg freezing has basically gone from 30, 40 on the Google Trends to 80. And so it is on the rise, and that's just in the past 2, 3 years. Last year, 20,000 women in the United States chose to freeze their eggs. Still a very small number. For the women, it's a little bit harder. They have to take shots and like harvest the egg. It's also very expensive. Traditional egg freezing is $10,000. So there's a startup, CoFertility. What they came out was free egg freezing. How is it free? If it's free, then you are the product. Yes. Basically. Wow. What they're doing is we will freeze your eggs for free, but we keep half. This sounds a little crazy when you first hear about it, but this is pretty smart. They bundled together two things: egg freezing and egg donation. So some people do donate eggs, they get paid for it, that's great because other people need eggs. They bundled it together where you can get free egg freezing if you bundle in and agree to donate half the eggs up front. And on the other side, they go and charge people who want eggs, and they charge them $13,700 as their matchmaking fee to get you your eggs.