Clue lays off a quarter of its workforce

In the current market environment, the fertility start-up is also putting profitability before growth. This is why a number of employees are now having to leave the company.

The Berlin-based fertility start-up Clue is laying off 25 percent of its workforce. The company previously had around 100 employees. Gründerszene reports that 31 people have had to leave the start-up. The founder Ida Tin explains this step in a Linkedinpostwith the difficult market environment in which venture capital-financed companies in particular are operating. Tin reduced the size of the Clue team in order to secure the company's financial survival.

In December 2021, Clue raised 16 million euros from investors such as Balderton and Future Positive Capital. According to the company, more than 30 million euros have flowed into the start-up since it was founded in 2012. Clue offers an app that can be used to track a menstruating person's cycle. This allows fertile and infertile days to be determined. Co-CEO Carrie Walter also commented in a post on Linkedin and writes that the mass layoff was the most difficult decision of her life.