Nodal, a platform allowing surrogates to connect with intended parents after reviewing their parent profile, launched Wednesday with a $4.7 million capital raise.
Nodal was incubated by Pareto Holdings. The round was led by Amplo and supported by Chelsea Hirschhorn of baby and pregnancy supply company Frida, Scott Belsky of Behance, and Kate Ryder of Maven Clinic, Great Oaks Venture Capital, Interplay Venture Capital and others.
Launched in September 2022, Nodal is a platform that redefines the surrogacy experience, giving power and transparency to both surrogates and intended parents, with an emphasis on lowering cost barriers, acxcording to a press release.
Individuals and couples pay a monthly membership fee to create a profile on the company’s platform that surrogates can view. According to the press release, Nodal screens each member on its platform via background checks and live interviews. Read more.
