DiscGenics

Salt Lake City, United States Founded: 2008 • Age: 18 yrs
Tissue engineering company utilizing a proprietary stem technology to treat degenerative disc disease.
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About DiscGenics

DiscGenics is a company based in Salt Lake City (United States) founded in 2008.. DiscGenics has raised $65.84 million across 3 funding rounds from investors including CareNet, Mitsubishi UFJ Capital and Medical Incubator Japan. The company has 45 employees as of December 31, 2022. DiscGenics operates in a competitive market with competitors including ViaCyte, Capricor Therapeutics, Neurona Therapeutics, EpiBone and Gamida Cell, among others.

  • Headquarter Salt Lake City, United States
  • Employees 45 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Discgenics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $65.84 M (USD)

    in 3 rounds

  • Latest Funding Round
    $50 M (USD), Series C

    Aug 25, 2020

  • Investors
    CareNet

    & 2 more

  • Employee Count
    45

    as on Dec 31, 2022

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People of DiscGenics
Headcount 10-50
Employee Profiles 6
Board Members and Advisors 3
Employee Profiles
People
Bob Wynalek
Chief Operating & Commercialization Officer, Director
People
Flagg Flanagan
Chief Executive Officer & Chairman of the Board
People
Megan T.
Senior Quality Assurance Analyst
People
Travis Lindstrom
Facility Manager

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Board Members and Advisors
people
Colin Lee Novick
Director
people
Najeeb Thomas
Director

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Funding Insights of DiscGenics

DiscGenics has successfully raised a total of $65.84M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in August 2020. 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $50.0M
  • First Round

    (20 Oct 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Series C - DiscGenics Valuation

investors

Sep, 2017 Amount Series B - DiscGenics Valuation

investors

Oct, 2011 Amount Seed - DiscGenics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in DiscGenics

DiscGenics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CareNet, Mitsubishi UFJ Capital and Medical Incubator Japan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in AI, energy, and various sectors.
Founded Year Domain Location
Investment in innovative healthcare startups is facilitated by this company.
Founded Year Domain Location
Medical sales support and education services for pharmaceuticals are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by DiscGenics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DiscGenics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Discgenics Comparisons

Employees
+
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Competitors of DiscGenics

DiscGenics 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 ViaCyte, Capricor Therapeutics, Neurona Therapeutics, EpiBone and Gamida Cell, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cell therapy for diabetes is developed from stem cells.
domain founded_year HQ Location
Regenerative medicine for cardiovascular disorders is developed using cell-based platforms.
domain founded_year HQ Location
Cell-based therapies are developed for intractable neurological diseases.
domain founded_year HQ Location
Developer of stem cells to regrow damaged bones
domain founded_year HQ Location
Cell therapies for cancer and serious diseases are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about DiscGenics

When was DiscGenics founded?

DiscGenics was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Where is DiscGenics located?

DiscGenics is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Is DiscGenics a funded company?

DiscGenics is a funded company, having raised a total of $65.84M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.84M, raised on Oct 20, 2011.

How many employees does DiscGenics have?

As of Dec 31, 2022, the latest employee count at DiscGenics is 45.

What does DiscGenics do?

DiscGenics was established in 2008 in Salt Lake City, United States, within the spinal therapeutics sector. A tissue engineering approach is employed, leveraging proprietary adult human disc stem cells to address degenerative disc disease. Two products are under development: Injectable Discogenic Cell Therapy (IDCT), an off-the-shelf allogeneic treatment for moderately degenerated discs delivered via non-surgical percutaneous injection, and Surgical Discogenic Cell Therapy (SDCT), a minimally invasive implant for herniated discs.

Who are the top competitors of DiscGenics?

DiscGenics's top competitors include EpiBone, Neurona Therapeutics and Gamida Cell.

Who are DiscGenics's investors?

DiscGenics has 3 investors. Key investors include CareNet, Mitsubishi UFJ Capital, and Medical Incubator Japan.

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