About Answer Genomics
Answer Genomics is a company based in Bengaluru (India) founded in 2018 by Rahul Ranganathan and Balamurali R. Answer Genomics has raised $534.26 thousand across 2 funding rounds from investors including India Accelerator, Flamingo Digital and IP Ventures. The company has 3 employees as of March 23, 2024. Answer Genomics operates in a competitive market with competitors including InformedDNA, MyOme, Dante Labs, ARQUIMEA INGENIERIA and SelfDecode, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 23 Mar, 2024
- Founders Rahul Ranganathan, Balamurali R
- Stage Minicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Answer Genomics Private Limited
- Date of Incorporation 13 Dec, 2018
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$89.02 K (USD)570.28as on Mar 31, 2023
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Net Profit
-$214.4 K (USD)-149.05as on Mar 31, 2023
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EBITDA
-$213.2 K (USD)-57.48as on Mar 31, 2023
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Total Equity Funding
$534.26 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Oct 05, 2023
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Investors
India Accelerator
& 8 more
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Employee Count
3
as on Mar 23, 2024
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Funding Insights of Answer Genomics
Answer Genomics has successfully raised a total of $534.26K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Answer Genomics
Answer Genomics has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include India Accelerator, Flamingo Digital and IP Ventures.
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Investments are made in early-stage tech startups across sectors.
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Provider of content strategy, inbound marketing, branding, SMM, and SEO services
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Investor details for Answer Genomics
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Investments & Acquisitions by Answer Genomics
Investment portfolio details for Answer Genomics
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Financial Statements - Answer Genomics
Detailed financials for Answer Genomics
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Answer Genomics Comparisons
Peer comparison for Answer Genomics
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Competitors of Answer Genomics
Answer Genomics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InformedDNA, MyOme, Dante Labs, ARQUIMEA INGENIERIA and SelfDecode, among others.
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Network of genetics experts provided to assist patients and providers.
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Provider of a platform for gene analysis to determine genetic diseases and drug response
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Whole-genome sequencing analysis is offered for health and wellness insights.
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Provider of engineering, manufacturing, and research and development services to industries
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Personal genome data is analyzed for health and wellness reports.
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Detailed competitors of Answer Genomics
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Latest news on Answer Genomics
Complete news archive for Answer Genomics
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Frequently Asked Questions about Answer Genomics
Answer Genomics was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Answer Genomics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rahul Ranganathan is the current CEO of Answer Genomics. They have also founded this company.
Answer Genomics is a funded company, having raised a total of $534.26K across 2 funding rounds to date.
As of Mar 23, 2024, the latest employee count at Answer Genomics is 3.
Annual revenue of Answer Genomics is $89.02K as on Mar 31, 2023.
Answer Genomics was founded in 2018 in Bengaluru, India, within the healthtech sector. An online platform is operated to analyze genomic data, medical history, blood reports, and lifestyle information. Customized health plans are generated for monitoring cardiovascular, metabolic, digestive, and musculoskeletal health. Predictions are made regarding HDL and LDL imbalances, food allergies, and vitamin-nutrition profiles based on individual genetics.
Answer Genomics's top competitors include Dante Labs, InformedDNA and MyOme.
Answer Genomics has 9 investors. Key investors include India Accelerator, Flamingo Digital, IP Ventures, Lyxel&Flamingo, and P S Deodhar.
The valuation of Answer Genomics is $1.41M as of Feb 2021.