Company:Prelude Fertility

From HandWiki
Short description: American fertility clinics


Prelude Fertility
TypePrivate
Industry
  • Healthcare
  • Fertility
FounderMartin Varsavsky
Key people
TJ Farnsworth (CEO)
Services
  • Fertility Services
  • In Vitro Fertilization
  • Egg Freezing
  • Egg Donation
Websitehttps://www.preludefertility.com/

Prelude Fertility is a network of fertility clinics in the United States that offer fertility services including in vitro fertilization (IVF), egg donation, genetic testing, and egg freezing.[1][2] As of 2019, the Prelude Fertility Network of clinics included 23 fertility practices and 36 locations in the U.S. and more than 60 affiliated reproductive endocrinologists.[3]

History

Prelude Fertility was founded by Martin Varsavsky following his and his wife’s experience with fertility treatment and IVF.[1][4]

The company launched in October 2016 when Varsavsky secured funding from Lee Equity Partners to purchase a majority stake in Reproductive Biology Associates, an IVF clinic in Atlanta, and My Egg Bank, the largest frozen donor egg bank in the U.S.[1][5]

In September 2017, Prelude acquired a majority stake in Pacific Fertility Center in San Francisco .[6] The following month, Prelude acquired Vivere Health.[2][7] In March 2018, Prelude acquired the Advanced Fertility Center of Chicago.[8] In October 2018, Prelude announced a partnership with NYU Langone.[9] In March 2019, Prelude announced a partnership with Inception Fertility and also announced TJ Farnsworth as the company’s new CEO.[10] The partnership made Prelude the largest fertility services provider in the U.S and added Aspire Fertility clinics to the Prelude Network.[10][11]

References

  1. 1.0 1.1 1.2 Helft, Miguel. "Meet Prelude Fertility, The $200 Million Startup That Wants To Stop The Biological Clock" (in en). https://www.forbes.com/sites/miguelhelft/2016/10/17/prelude-fertility-200-million-startup-stop-biological-clock/. 
  2. 2.0 2.1 "Investors see big money in infertility. And they're transforming the industry" (in en-US). 2017-12-04. https://www.statnews.com/2017/12/04/infertility-industry-investment/. 
  3. "Prelude Fertility, Inception to combine operations" (in en-GB). 2019-03-29. https://www.hospitalmanagement.net/news/prelude-fertility-inception-establish-prelude-network-for-comprehensive-fertility-services/. 
  4. "Prelude Fertility aims to give women and couples a choice on the timing of a family" (in en-US). 20 October 2016. http://social.techcrunch.com/2016/10/20/prelude-fertility-aims-to-give-women-and-couples-a-choice-on-the-timing-of-a-family/. 
  5. Ramsey, Lydia. "A startup that raised $200 million wants you to think about fertility long before you want to start a family". https://www.businessinsider.com/prelude-method-fertility-martin-varsavsky-2016-11. 
  6. Ho, Catherine (2017-09-27). "Private equity-backed firm acquires majority of San Francisco's Pacific Fertility Center". https://www.sfgate.com/business/article/Private-equity-backed-firm-acquires-majority-of-12234717.php. 
  7. Snyder, Eric (31 October 2017). "Franklin health care company selling to NY firm". https://www.bizjournals.com/nashville/news/2017/10/31/franklin-health-care-company-selling-to-ny-firm.html. 
  8. GmbH, finanzen net. "Prelude Fertility Partners with Advanced Fertility Center of Chicago, Expanding the Prelude Network to 4th Largest IVF Market in the U.S. | Markets Insider". https://markets.businessinsider.com/news/stocks/prelude-fertility-partners-with-advanced-fertility-center-of-chicago-expanding-the-prelude-network-to-4th-largest-ivf-market-in-the-u-s-1018129240. 
  9. "MarketWatch: NYU Langone's Innovative Partnership with Prelude Fertility to Expand Scope of Services" (in en). https://nyulangone.org/news/marketwatch-nyu-langones-innovative-partnership-prelude-fertility-expand-scope-services. 
  10. 10.0 10.1 Taylor, Seema Mody, Harriet (2019-05-09). "Egg freezing has become the go-to for delayed parenthood – and companies are popping up to provide more cost-effective solutions" (in en). https://www.cnbc.com/2019/05/09/millennials-are-driving-down-the-cost-of-egg-freezing.html. 
  11. "Demand for fertility services continues to increase - ExpressNews.com" (in en-US). 2019-04-11. https://www.expressnews.com/business/article/Demand-for-fertility-services-continues-to-13757658.php.