Prelude Fertility
{{short description|American fertility clinics}}
{{Undisclosed paid|date=December 2020}}
{{Infobox company
| type = Private
| industry = {{Unbulleted list| Healthcare| Fertility}}
| founder = Martin Varsavsky
| key_people = TJ Farnsworth (CEO)
| services = {{Unbulleted list| Fertility Services| In Vitro Fertilization| Egg Freezing| Egg Donation}}
| website = https://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.{{Cite web|url=https://www.forbes.com/sites/miguelhelft/2016/10/17/prelude-fertility-200-million-startup-stop-biological-clock/|archive-url=https://web.archive.org/web/20161019084250/http://www.forbes.com/sites/miguelhelft/2016/10/17/prelude-fertility-200-million-startup-stop-biological-clock/|url-status=dead|archive-date=October 19, 2016|title=Meet Prelude Fertility, The $200 Million Startup That Wants To Stop The Biological Clock|last=Helft|first=Miguel|website=Forbes|language=en|access-date=2019-05-31}}{{Cite web|url=https://www.statnews.com/2017/12/04/infertility-industry-investment/|title=Investors see big money in infertility. And they're transforming the industry|date=2017-12-04|website=STAT|language=en-US|access-date=2019-05-31}} 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.{{Cite web|url=https://www.hospitalmanagement.net/news/prelude-fertility-inception-establish-prelude-network-for-comprehensive-fertility-services/|title=Prelude Fertility, Inception to combine operations|date=2019-03-29|website=Verdict Hospital|language=en-GB|access-date=2019-05-31}}
History
Prelude Fertility was founded by Martin Varsavsky following his and his wife’s experience with fertility treatment and IVF.{{Cite web|url=https://techcrunch.com/2016/10/20/prelude-fertility-aims-to-give-women-and-couples-a-choice-on-the-timing-of-a-family/|title=Prelude Fertility aims to give women and couples a choice on the timing of a family|website=TechCrunch|date=20 October 2016 |language=en-US|access-date=2019-05-31}}
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.{{Cite web|url=https://www.businessinsider.com/prelude-method-fertility-martin-varsavsky-2016-11|title=A startup that raised $200 million wants you to think about fertility long before you want to start a family|last=Ramsey|first=Lydia|website=Business Insider|access-date=2019-05-31}}
In September 2017, Prelude acquired a majority stake in Pacific Fertility Center in San Francisco.{{Cite web|url=https://www.sfgate.com/business/article/Private-equity-backed-firm-acquires-majority-of-12234717.php|title=Private equity-backed firm acquires majority of San Francisco's Pacific Fertility Center|last=Ho|first=Catherine|date=2017-09-27|website=SFGate|access-date=2019-05-31}} The following month, Prelude acquired Vivere Health.{{Cite web|url=https://www.bizjournals.com/nashville/news/2017/10/31/franklin-health-care-company-selling-to-ny-firm.html|title=Franklin health care company selling to NY firm|last=Snyder|first=Eric|date=31 October 2017|website=www.bizjournals.com|access-date=2019-05-31}} In March 2018, Prelude acquired the Advanced Fertility Center of Chicago.{{Cite web|url=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|title=Prelude Fertility Partners with Advanced Fertility Center of Chicago, Expanding the Prelude Network to 4th Largest IVF Market in the U.S. {{!}} Markets Insider|last=GmbH|first=finanzen net|website=markets.businessinsider.com|access-date=2019-05-31}} In October 2018, Prelude announced a partnership with NYU Langone.{{Cite web|url=https://nyulangone.org/news/marketwatch-nyu-langones-innovative-partnership-prelude-fertility-expand-scope-services|title=MarketWatch: NYU Langone's Innovative Partnership with Prelude Fertility to Expand Scope of Services|website=NYU Langone News|language=en|access-date=2019-05-31}} In March 2019, Prelude announced a partnership with Inception Fertility and also announced TJ Farnsworth as the company’s new CEO.{{Cite web|url=https://www.cnbc.com/2019/05/09/millennials-are-driving-down-the-cost-of-egg-freezing.html|title=Egg freezing has become the go-to for delayed parenthood – and companies are popping up to provide more cost-effective solutions|last=Taylor|first=Seema Mody, Harriet|date=2019-05-09|website=CNBC|language=en|access-date=2019-05-31}} The partnership made Prelude the largest fertility services provider in the U.S and added Aspire Fertility clinics to the Prelude Network.{{Cite web|url=https://www.expressnews.com/business/article/Demand-for-fertility-services-continues-to-13757658.php|title=Demand for fertility services continues to increase - ExpressNews.com|date=2019-04-11|website=www.expressnews.com|language=en-US|access-date=2019-05-31}}