About DNA Direct
DNA Direct is a company based in Bluffton (United States) founded in 2005 by Ryan Phelan was acquired by Express Scripts in January 2010.. DNA Direct has raised $8 million across 2 funding rounds from investors including Express Scripts and Lemhi Ventures.
- Headquarter Bluffton, United States
- Founders Ryan Phelan
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$1000 K (USD), Series B
Nov 13, 2009
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Investors
Express Scripts
& 1 more
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Employee Count
Employee Count
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Acquired by
Express Scripts
(Jan 01, 2010)
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Funding Insights of DNA Direct
DNA Direct has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $1000 thousand completed in November 2009. 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 Funding
- Total Rounds 2
- Last Round Series B — $999,999
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First Round
First Round
(27 Feb 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Series B - DNA Direct | Valuation |
investors |
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| Feb, 2008 | Amount | Series B - DNA Direct | Valuation | Lemhi Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DNA Direct
DNA Direct has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Express Scripts and Lemhi Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are focused on healthcare system transformation.
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Founded Year | Domain | Location | |
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Pharmacy benefit management services are delivered through SaaS platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DNA Direct
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DNA Direct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dna Direct Comparisons
Competitors of DNA Direct
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DNA Direct
When was DNA Direct founded?
DNA Direct was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is DNA Direct located?
DNA Direct is headquartered in Bluffton, United States. It is registered at Bluffton, South Carolina, United States.
Who is the current CEO of DNA Direct?
Ryan Phelan is the current CEO of DNA Direct. They have also founded this company.
Is DNA Direct a funded company?
DNA Direct is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Feb 27, 2008.
What does DNA Direct do?
DNA Direct was established in 2005 in Bluffton, United States, by Ryan Phelan, who serves as founder and CEO. Operations center on the biotechnology sector, with genetic testing and counseling delivered directly to consumers via dnadirect.com. Services emphasize accessible genetic information for personal health decisions. The company maintains a focus on U.S.-based activities, though detailed operational scope remains limited in available records.
Who are DNA Direct's investors?
DNA Direct has 2 investors. Key investors include Express Scripts, and Lemhi Ventures.