NeuMoDx

Ann Arbor, United States Founded: 2012 • Age: 14 yrs Acquired By Qiagen
Developer of a platform for low cost molecular testing

About NeuMoDx

NeuMoDx is a Healthcare company based in Ann Arbor (United States) founded in 2012, and was acquired by Qiagen in September 2020. Developer of a platform for low cost molecular testing. NeuMoDx has raised $66.04 million across 5 funding rounds from investors including Qiagen, Baird Capital and Venture Investors. The company has 125 employees. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Instruments and Genomics. Its legal entity is NEUMODX MOLECULAR, INC. Its competitors include DermTech, GenMark Diagnostics and Biomeme; 3 of its 3 listed competitors have raised funding.

Company details

NeuMoDx was founded in 2012 and is located in Ann Arbor, United States. A patent-pending platform for molecular testing is developed, focusing on the diagnostics sector. Magnetic particle affinity capture and real-time PCR chemistry are combined in a multi-sample microfluidic cartridge. The lead product, NeuMoDx 500, is utilized as a fully automated, random-access in vitro diagnostic system for RNA and DNA-based assays.

  • Headquarters Ann Arbor, United States
  • Employees 125
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website neumodx.com
  • Social X
  • Acquired by Qiagen (Sep 2020)
  • Legal Name Neumodx Molecular, Inc
Key Metrics
  • Total Equity Funding
    $66.04M (USD)

    in 5 rounds

  • Latest Funding Round
    $20.04M (USD), Series B

    Apr 2018

  • Investors
    Qiagen

    & 5 more

  • Employee Count
    125
  • Acquired by
    Qiagen

    (Sep 2020)

Funding Insights of NeuMoDx

NeuMoDx has successfully raised a total of $66.04M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $20.04 million completed in April 2018. 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 $66.04M
  • Total Rounds 5
  • Last Round Series B β€” $20.04M
  • First Round $5M

    (Apr 2012)

  • Investors Count 5

All 5 funding rounds of NeuMoDx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$20.04MSeries B––
–
Mar 2018$4MDebt – Conventional––
–
Apr 2016$20MSeries B––
–
Mar 2014$21MSeries B–Pfizer Venture Investments
Apr 2012$5MSeries A–Arboretum Ventures, Wolverine Venture Fund
–
Valuation history

6 investors in total: 6 institutional.

Investors in NeuMoDx

NeuMoDx has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Qiagen, Baird Capital and Venture Investors.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Global private equity and venture capital investments in B2B Tech & Services companies.
bairdcapital.com
Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia
ventureinvestors.comMadison, United States
Healthcare venture capital investments are made by Arboretum Ventures.
arboretumvc.comAnn Arbor, United States
Venture capital is focused on healthcare by Pfizer's investment arm.
pfizer.com/partnering/areas_of_interest/venture_investmentsNew York, United States
zli.umich.edu/wolverine-venture-fund
Products and reagents for molecular diagnostic assays are supplied.
1984qiagen.comHilden, Germany
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Investor details for NeuMoDx

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People of NeuMoDx

384 people are tracked at NeuMoDx (131 in leadership, 10 in board & advisors, 243 in team); the tracked headcount is 125.

NameRoleGroup
Thierry Bernard
Chief Executive OfficerLeadership
Stephany Foster
SVP & Head, Human ResourcesLeadership
Antonio Santos
SVP & Head, Global OperationsLeadership
Mike Evershed
Director, Project ManagementLeadership
Miriam Engels
Director, Head Of Global Talent Attraction And AcquisitionLeadership
Bryan Burrell
Senior Sales DirectorLeadership
Christine Clarke
Senior Director, Head Of Quantiferon Sales North AmericaLeadership
Jeffrey Durocher
Associate Director, Instrumentation SalesLeadership
Christian Houde
Senior Director Program Management, Global OperationsLeadership
Andrew Critchley
Vp, Head Of Service Solutions EMEA And MD Qiagen LtdLeadership
Danilo Oliveira
Finance Director Head For LatamLeadership
Thomas Fleury
Associate Director Sales MdxLeadership
Kevin Gonsoulin
Sr Director, Corporate Accounts North AmericaLeadership
Isabell Herrmann
Associate Director Project ManagementLeadership
Thomas Schoenig
Head Of Project Management EMEALeadership
Jing Kang
Associate Director, Global Project ManagementLeadership
Daniel Gyr
Senior Director Human Resources - Head Of Labour Relations & Global HR Policies And ComplianceLeadership
Mohammed Alsadi
Associate Director Sales Quantiferon Middle EastLeadership
Claudia Barbosa
Global HR Learning & Development And Head Of HR LatamLeadership
Ralf Klingenstein
Associate Director Inside SalesLeadership

364 more people are available in the full profile.

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Complete people profiles for NeuMoDx

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Timeline of NeuMoDx

4 dated milestones of NeuMoDx across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded NeuMoDx is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series B, of $20.0M.
  4. Exit Acquired by Qiagen.

Competitors of NeuMoDx

NeuMoDx has 3 listed competitors in our database, 3 of them funded. They include DermTech, GenMark Diagnostics and Biomeme.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dermtech.com1996San Diego, United States$24.37M259
Adhesive patch biopsies for skin cancer detection are provided.
genmarkdx.com1993San Diego, United States$8.56M797
Instruments and test panels for multiplexed molecular diagnostics are provided.
biomeme.com2013Philadelphia, United States$6.2M202
Smartphone-based DNA detection platform is developed for diagnostics.
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Detailed competitors of NeuMoDx

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Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as NeuMoDx (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Related news about Neumodx

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Frequently Asked Questions about NeuMoDx

NeuMoDx was founded in 2012.

NeuMoDx is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.

NeuMoDx is a funded company, having raised a total of $66.04M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2012.

NeuMoDx has 125 employees.

NeuMoDx was founded in 2012 and is located in Ann Arbor, United States. A patent-pending platform for molecular testing is developed, focusing on the diagnostics sector. Magnetic particle affinity capture and real-time PCR chemistry are combined in a multi-sample microfluidic cartridge. The lead product, NeuMoDx 500, is utilized as a fully automated, random-access in vitro diagnostic system for RNA and DNA-based assays.

NeuMoDx's top competitors include DermTech, GenMark Diagnostics and Biomeme.

NeuMoDx has 6 investors. Key investors include Qiagen, Baird Capital, Venture Investors, Arboretum Ventures, and Pfizer Venture Investments.

NeuMoDx operates through Neumodx Molecular, Inc.

Yes. NeuMoDx was acquired by Qiagen in September 2020.

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