About DNA Direct
DNA Direct is a company based in Bluffton (United States) founded in 2005 by Ryan Phelan, and was acquired by Express Scripts in January 2010. Genetic testing and counseling services are provided to consumers. DNA Direct has raised $8 million across 2 funding rounds from investors including Express Scripts and Lemhi Ventures. Its chief executive, as recorded, is Ryan Phelan.
Company details
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.
- Headquarters Bluffton, United States
- Founders Ryan Phelan
- Stage Acquired
- Website dnadirect.com
- Social LinkedIn
- Acquired by Express Scripts (Jan 2010)
- Total Equity Funding$8M (USD)
in 2 rounds
- Latest Funding Round$1000K (USD), Series B
Nov 2009
- InvestorsExpress Scripts
& 1 more
- Acquired byExpress Scripts
(Jan 2010)
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 $8M
- Total Rounds 2
- Last Round Series B — $999,999
- First Round $7M
(Feb 2008)
- Investors Count 1
All 2 funding rounds of DNA Direct with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2009 | $999,999 | Series B | – | – | – |
| Feb 2008 | $7M | Series B | – | Lemhi Ventures | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are focused on healthcare system transformation. | 2006 | lemhiventures.com | ||
Pharmacy benefit management services are delivered through SaaS platforms. | 1986 | express-scripts.com | St. Louis, United States |
Investor details for DNA Direct
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of DNA Direct
1 people are tracked at DNA Direct (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ryan Phelan | Founder & CEO | Leadership |
Complete people profiles for DNA Direct
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of DNA Direct
4 dated milestones of DNA Direct across 5 years, from founding to its latest funding, stage changes and deals.
- Founded DNA Direct is founded.
- Funding First funding round of $7.0M.
- Funding Latest funding round, Series B, of $1,000K.
- Exit Acquired by Express Scripts.
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Frequently Asked Questions about DNA Direct
DNA Direct was founded in 2005 and raised its 1st funding round 3 years after it was founded.
DNA Direct is headquartered in Bluffton, United States. It is registered at Bluffton, South Carolina, United States.
Ryan Phelan is the CEO of DNA Direct, as recorded in our data. They have also founded this 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 2008.
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.
DNA Direct has 2 investors. Key investors include Express Scripts, and Lemhi Ventures.
Yes. DNA Direct was acquired by Express Scripts in January 2010.