FOR IMMEDIATE RELEASE: 11/30/18
LEGACY WINS TECHCRUNCH DISRUPT BERLIN 2018
Harvard-Inspired Male-Fertility Startup Bests 4 Finalists to Earn Coveted $50,000 Prize
Cambridge, MA: Legacy, a Swiss-based company offering distinctive fertility-based services to forward-looking men primed to invest in their futures, today announced that it was declared the winner over 12 other competitors in the Startup Battlefield competition at the TechCrunch Disrupt Berlin 2018. The company is ideally positioned to target a potential $8 billion market in the United States alone.
Legacy won the prize following two days of intense competition and hours of deliberation by TechCrunch editors, culminating in a live onstage demonstration before a panel of judges that included Sophia Bendz (Atomico), Niko Bonatsos (General Catalyst), Luciana Luxandru (Accel), Ida Tin (Clue), Matt Turck (FirstMark Capital) and Matthew Panzarino (TechCrunch).
The company’s winning strategy, as developed at the Harvard Innovation Lab: To provide men with a trusted process that will safely and confidentially preserve sperm at a “Swiss Bank” level so that these assets will be available when men choose to have children later in life. Clients never have to leave home or meet with a physician to take advantage of the service, and assets can be stored indefinitely.
“We are honored and humbled to have earned this prestigious honor from TechCrunch Disrupt Berlin 2018,” said Khaled Kteily, Founder and Chief Executive Officer of Legacy. who was accompanied by Legacy’s Head of Public Policy. “We are especially pleased to be recognized for our unique services in an era when male fertility has declined by 50 percent and men are currently producing new genetic mutations every 8 months, potentially impacting the health and well-being of their future children.”
By choosing one of Legacy’s three levels of services (Bronze, Gold, and Platinum), Kteily explains, men can provide their genetic material a measure of immortality without any loss of quality down the road – at a tenth of the price of egg freezing.
“We treat our clients as a private bank would,” Kouteili emphasizes. “Our core values of quality, privacy and security ensure our clients are taken care of at every level.”
About Legacy: Give Legacy Inc. is a male-fertility services company headquartered in Geneva, Switzerland and developed at the Harvard Innovation Lab in Cambridge, Massachusetts. The company was founded to ensure that forward-looking men can lock in their future and store their healthiest sperm discreetly and with a trusted provider.