About Novamed
Novamed is a company based in Jerusalem (Israel) founded in 1995 was acquired by Simplivia in January 2021. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Novamed offers products and services including Diagnostic Products for Professional Use, Diagnostic Products for Home Use, Prepared Culture Media, Culture Devices, and Research Products. Novamed operates in a competitive market with competitors including Inflammatix, Karius, MeMed, Visby Medical and GenMark Diagnostics, among others.
- Headquarter Jerusalem, Israel
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Novamed Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Riverside Company
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Novamed
Novamed offers a comprehensive portfolio of products and services, including Diagnostic Products for Professional Use, Diagnostic Products for Home Use, Prepared Culture Media, Culture Devices, and Research Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Products are designed for professional infectious disease diagnosis.
Products are made for home-based infectious disease testing.
Media are prepared for laboratory infectious disease research.
Devices are used for culturing in disease diagnostics.
Products are developed for infectious disease research purposes.
Funding Insights of Novamed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Novamed
Novamed has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Riverside Company and Simplivia. 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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Private equity and debt are provided to middle market companies.
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Manufactures closed system transfer devices to protect healthcare workers from drug exposure.
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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 Novamed
| 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 - Novamed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Novamed Comparisons
Competitors of Novamed
Novamed 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 Inflammatix, Karius, MeMed, Visby Medical and GenMark Diagnostics, 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 |
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| domain | founded_year | HQ Location |
Provider of diagnostic solutions for systemic infections
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Developer of a non-invasive pathogen blood test for the detection of infectious diseases
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| domain | founded_year | HQ Location |
Provider of machine learning based diagnostic solutions for infectious diseases
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| domain | founded_year | HQ Location |
Portable PCR diagnostics for infectious diseases are developed.
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| domain | founded_year | HQ Location |
Instruments and test panels for multiplexed molecular diagnostics are provided.
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| domain | founded_year | HQ Location |
Diagnostic technologies for infectious, cancer, and neurological diseases are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Novamed
Frequently Asked Questions about Novamed
When was Novamed founded?
Novamed was founded in 1995.
Where is Novamed located?
Novamed is headquartered in Jerusalem, Israel. It is registered at Jerusalem, Jerusalem District, Israel.
What does Novamed do?
Novamed Ltd. is involved in the development, manufacturing, and marketing of diagnostic products focused on infectious diseases. The company operates within the healthcare sector, offering a range of innovative solutions for both professional and home use. Products such as prepared culture media, culture devices, and research tools are provided to support laboratory and diagnostic needs. Unique inventions with no global counterparts are included in their portfolio, addressing critical needs in disease detection and management.
Who are the top competitors of Novamed?
Novamed's top competitors include Visby Medical, Inflammatix and MeMed.
What products or services does Novamed offer?
Novamed offers Diagnostic Products for Professional Use, Diagnostic Products for Home Use, Prepared Culture Media, Culture Devices, and Research Products.
Who are Novamed's investors?
Novamed has 2 investors. Key investors include The Riverside Company, and Simplivia.