Summary:
«Male fertility startup Legacy scored $25 million in a Series B funding round led by Bain Capital Ventures.»
«Other investors participating in the raise include FirstMark Capital, Section 32 and TQ Ventures and Valor Equity Partners.»
«Legacy said the latest round brings its total raise to $45 million, building on a $10 million Series A announced last year and a $3.5 million funding from early 2020.»
«WHAT IT DOES«
«The male fertility startup offers at-home sperm testing kits, semen analysis and cryopreservation. Users can order a test online and have it delivered to their homes, where they collect a sample and schedule a pickup for analysis. «
«Legacy tests the sample and provides a report, including lifestyle recommendations. Customers can set up telehealth appointments with clinicians to discuss results and next steps.»
«»Bringing life into this world is one of the greatest joys people can experience in their lifetime, but family planning can be daunting – and at times feels hopeless,» CEO and founder Khaled Kteily said in a statement. «Our goal is to eliminate the pain points involved, make the experience human, rather than clinical, and help everyone create the families they want when they want.»»
Article written by Emily Olsen.
16|05|2022
Source:
Mobi health News
https://www.mobihealthnews.com/news/male-fertility-startup-legacy-raises-25m-expand-offerings