Celebrities invest in digital leader in male fertility, Legacy
Justin Bieber, DJ Khaled, The Weeknd and Orlando Bloom invest in strategic turn and showcase support as sperm count dwindles
Posted: October 5, 2021 at 3:00 p.m. EDT|Update: 2 hours ago
BOSTON, October 5, 2021 / PRNewswire / – Heritage (YC S’19), the first digital fertility clinic for men, today announced the investment of celebrities such as DJ Khaled, The Weeknd, Justin bieber, and Orlando bloom, as part of the company’s efforts to de-stigmatize male fertility and change the outdated idea that fertility is a “women’s problem”. The cycle also included notable entrepreneurs like Heather Hasson and Hannah bronfman.
The round was led and coordinated by TQ companies, a venture capital firm managed by Braun scooter, Andrew marks, and Schuster Tangier with a solid background in supporting both start-up and growing businesses. The round also included additional capital from existing investor Peak State Ventures.
Describing the investment, TQ Scooter Braun partner explained, “When I see a company that is so aligned with the mission and vision that so many people I know have, it’s important for me to find ways to get involved and support them Fertility is an issue that affects both sexes, and Legacy has the potential to change lives, help more people become parents, and include men in the normalization of important conversations around family planning.
Founder and CEO of Legacy Khaled kteily shared, “We believe in rebalancing family planning responsibilities, and we know celebrity support will help shape the conversation and normalize a topic that has been stigmatized for too long. It’s a major key to success. “
With a drop in sperm count of over 50% globally over the past 40 years, Legacy seeks to change this dialogue within the fertility space and encourage men to be more proactive and take charge. their fertility.
The announcement follows Legacy’s most recent Series A increase of $ 10 million, led by FirstMark Capital, and included leading investors such as TQ Ventures, Bain Capital Ventures, Section 32, Y Combinator and Tribe Capital. To date, Legacy has collected nearly $ 20 million to support its mission to build the world’s first fully online male fertility clinic. Legacy believes that everyone, no matter where you live, should have access to major male fertility tests, doctors, preservation and treatments.
HOW LEGACY WORKS: PRODUCTS AND SERVICES
Legacy’s Postal Kit revolutionizes the traditional process for men, making semen analysis and storage easier, more convenient and affordable from the comfort of your home. It’s simple: no need for liquid nitrogen, pipettes or bulky shipping tanks. This allows men to get information about their semen without awkwardly needing to visit an expensive clinic or specialist lab.
A Legacy test kit is shipped directly to the customer to produce a sample in the privacy of their home before returning it for clinical-level analysis, now with the option to test for sperm DNA fragmentation. Each client receives a comprehensive fertility report that analyzes volume, number, concentration, motility and morphology, as well as the ability to freeze their deposit in world-class cryogenic storage facilities. A process that was once anxious is now stress free, easy and stimulating.
Legacy’s Semen DNA Fragmentation Analysis is available as a $ 195 supplement to their traditional semen analysis (For today wrap $ 195), and is included in their For tomorrow ($ 995) and Forever ($ 3,995) packages. For more information, visit How it works.
ABOUT GIVE LEGACY, INC.
Give Legacy, Inc. is the premier paternity company working to rebalance family planning responsibility by providing in-home semen testing and storage solutions. Founded in 2018 by Khaled kteily from Harvard Innovation Labs, Legacy is a biotechnology startup supported by Y-Combinator and Bain Capital Ventures. Since winning TechCrunch Disrupt Berlin 2018, Legacy has been featured in the New York Times, Washington Post and Forbes. The Legacy team is a Harvard– a group of supported men and women who understand fatherhood and how important it is. The team brings international experience in male fertility, healthcare policy and business with a world-class advisory board. For more information visit Givelegacy.com.
ABOUT TQ ENTREPRISES
TQ Ventures is a venture capital firm managed by Andrew marks, Braun scooter, and Schuster Tangier. Founded in 2018, TQ has more than $ 500 million in AUM and 10 Unicorns in his portfolio. TQ focuses on both the early stages and growth stages in areas such as consumer tech, gaming, fintech, enterprise, blockchain, and healthcare IT, and operates unique networks at the same time. B2C and B2B to be particularly useful to its portfolio companies.
Show original content:
The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.