Key Highlights
- $7.5M financing to enhance male fertility services.
- Serving over 9 million veterans through new contracts.
- Over 25,000 sperm samples analyzed, the highest in the industry.
- Global sperm count has declined by 50% in the last 40 years.
- Legacy predicts sperm freezing will be mainstream within 5 years.
Source: PR Newswire
Notable Quotes
- “This is the issue of our time. Per recent studies, the average sperm count is declining about 26% per decade. In other words, we’re firmly on the path to sperm count zero AKA ‘spermageddon’, where we are functionally incapable of conceiving without the use of assisted reproductive technologies.” — Khaled Kteily, CEO at Legacy
- “It’s a smart idea to preserve your fertility at its peak. Freezing sperm at its youngest and healthiest gives you a greater chance of having healthy children. It’s a great life insurance policy.” — Dr. Ramy Abou Ghayda, Urologist and CMO at Legacy
SoHC's Take
Legacy’s recent $7.5M financing marks a significant milestone in making male fertility services more accessible, particularly for veterans. This funding will not only enhance Legacy’s ability to serve over nine million veterans but also fortify its position as a leader in the male fertility industry. The alarming decline in global sperm count highlights the urgent need for services like Legacy’s, which offer convenient, at-home testing and preservation options. Legacy’s prediction that sperm freezing will become as common as egg freezing within five years underscores the growing awareness and importance of male fertility health. With robust backing from top investors and institutions, Legacy is well-positioned to lead the charge in addressing this critical issue.
