How an Entrepreneur’s Infertility Gave Birth to a Business, 1,500 Babies, and an Acquisition
Heidi Hayes, co-founder of Donor Egg Bank USA, transformed a new technology into a new company
WHEN HEIDI HAYES AND her husband were trying to have a child, they spent thousands of dollars, in vain, on fertility clinics. Eventually they adopted, and later had twins thanks to an egg donor. But the arduous process led Hayes to a less expensive, more convenient idea. In 2010, she and reproductive endocrinologist Michael Levy founded Donor Egg Bank USA, the first company to distribute vitrified eggs to other fertility clinics. The company allows women to vet donor profiles and buy eggs online. After raising $1.25 million and starting
