Babson Diagnostics

Austin, United States Founded: 2017 • Age: 9 yrs
Blood testing services are offered using finger-prick microsamples.
Annual revenue - Latest available
Total funding $37.7M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Babson Diagnostics

Babson Diagnostics is a company based in Austin (United States) founded in 2017 by Eric Olson. Babson Diagnostics has raised $37.7 million across 2 funding rounds from investors including Siemens Healthineers, Emerald and Prism Venture Partners. Babson Diagnostics offers products and services including BetterWay Blood Testing. Babson Diagnostics operates in a competitive market with competitors including Tasso, YourBio Health, Velano Vascular, Weavr Health and Lo Biosciences, among others.

  • Headquarter Austin, United States
  • Founders Eric Olson
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $31 M (USD), Series B

    Jun 29, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Babson Diagnostics

Babson Diagnostics offers a comprehensive portfolio of products and services, including BetterWay Blood Testing.

Product name locked
Category locked
Primary

Offers convenient blood testing with minimal sample for accurate results.

People of Babson Diagnostics

Headcount 10-50
Employee Profiles 12
Board Members and Advisors 8
Employee Profiles
People
David Stein
CEO & Director
People
Roy Barr
VP, Research & Development
People
Christopher DiPasquale
Vice President Of Assay Development
People
Jim W. Jacobson
VP, Clinical Affairs

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Board Members and Advisors
people
Judson Cooper
Director
people
Maninder Kahlon
Advisor
people
Alan Wu
Scientific Advisory Board Member
people
Susan A. Evans
Scientific Advisory Board Member

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Funding Insights of Babson Diagnostics

Babson Diagnostics has successfully raised a total of $37.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in June 2021. 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 Babson Diagnostics

Babson Diagnostics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Siemens Healthineers, Emerald and Prism Venture Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital investments are provided by Emerald.
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VC firm investing in the US
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Investor details for Babson Diagnostics

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Investments & Acquisitions by Babson Diagnostics

Investments
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Investment portfolio details for Babson Diagnostics

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Financial Statements - Babson Diagnostics

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Detailed financials for Babson Diagnostics

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Babson Diagnostics Comparisons

Babson Diagnostics Primary company
Description
Blood testing services are offered using finger-prick micros...
Location
Austin, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Babson Diagnostics

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Competitors of Babson Diagnostics

Babson Diagnostics 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 Tasso, YourBio Health, Velano Vascular, Weavr Health and Lo Biosciences, among others.

Company Name Domain Founded year HQ Location Description
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Blood collection devices for diagnostic applications are developed.
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Push-button blood collection devices are manufactured for medical use.
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Provider of a needle-free blood collection device
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Manufactures high-quality blood collection devices for medical applications.
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Developer of blood collection device
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Detailed competitors of Babson Diagnostics

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Latest news on Babson Diagnostics

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Complete news archive for Babson Diagnostics

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Frequently Asked Questions about Babson Diagnostics

Babson Diagnostics was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Babson Diagnostics is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

David Stein is the current CEO of Babson Diagnostics.

Babson Diagnostics is a funded company, having raised a total of $37.7M across 2 funding rounds to date.

Provider of blood testing service using microsamples collected from a finger. It offers blood testing services, utilizing small blood samples obtained via finger-prick, aiming to make diagnostic testing more accessible. The offering focuses on delivering medically accurate results through a patient-centric approach. The goal is to facilitate regular diagnostic blood testing for early disease detection and informed healthcare decisions.

Babson Diagnostics's top competitors include YourBio Health, Tasso and Velano Vascular.

Babson Diagnostics offers BetterWay Blood Testing.

Babson Diagnostics has 5 investors. Key investors include Siemens Healthineers, Emerald, Prism Venture Partners, LAGO Consulting & Services, and Genesis Merchant Capital.

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