Fertility treatment is a huge industry, but traditionally it has been very geographically and demographically limited. U.S. fertility clinics are concentrated in the top 10 metropolitan areas across the country, and around 82% of recipients of care have historically been Caucasian, heterosexual married women living in a big city making more than $100,000 a year. Mate Fertility is looking to change that, bringing high-quality, people-centered fertility treatment to a multitude of underserved communities. It is closing its Series A round next month, having raised the first $4.2 million of a $5 million round, predominantly from institutional investors. The company is taking the unusual step of looking to close out the round with some crowdfunding to give the community a chance to be part of the round.
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