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PS Fertility raises $3.5M Series A to launch PS Detect, a male fertility diagnostic test, led by Flourish Investments and the Cassiopeia Foundation.
PRIVATEJun 24, 2025•about 1 year ago
Amount Raised
$3.5 Million
Round Type
Series A
CharlottesvilleBiotechnologyHealth CareInvestors
Cav AngelsMoses Gate Holdings LlcVirginia Innovation Partnership CorporationCassiopeia FoundationFlourish Investments Llc
Description
PS Fertility has completed a $3.5 million Series A funding round to support the launch of PS Detect, a diagnostic test for measuring phosphatidylserine levels in sperm. The funding, led by Flourish Investments LLC and the Cassiopeia Foundation, aims to enhance male fertility testing. Additional participants included Virginia Innovation Partnership Corporation and others. The newly developed test targets gaps in traditional semen analysis.
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1 contactFunding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers