About NOWDiagnostics
NOWDiagnostics is a company based in Bentonville (United States) founded in 2013.. NOWDiagnostics has raised $65.69 million across 5 funding rounds from investors including LabCorp, DigitalDX Ventures and Kompass Kapital. The company has 28 employees as of December 31, 2022. NOWDiagnostics has completed 2 acquisitions, including Cellmic and ZBx Corporation. NOWDiagnostics offers products and services including First To Know® Syphilis Test, ADEXUSDx® hCG Test, and First To Know® Pregnancy Test (EU). NOWDiagnostics operates in a competitive market with competitors including OpGen, Avails Medical, Resistell, HandyLab and GNA Biosolutions, among others.
- Headquarter Bentonville, United States
- Employees 28 as on 31 Dec, 2022
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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 Nowdiagnostics Inc.
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Products & Services of NOWDiagnostics
NOWDiagnostics offers a comprehensive portfolio of products and services, including First To Know® Syphilis Test, ADEXUSDx® hCG Test, and First To Know® Pregnancy Test (EU). 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.
Over-the-counter test for rapid syphilis detection at home.
Home test for detecting pregnancy through hormone analysis.
Over-the-counter test for pregnancy in European markets.
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Funding Insights of NOWDiagnostics
NOWDiagnostics has successfully raised a total of $65.69M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $22.5 million completed in July 2024. 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 5
- Last Round Series B — $22.5M
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First Round
First Round
(21 Mar 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - NOWDiagnostics | Valuation | DigitalDx Ventures , LabCorp | |
| Dec, 2019 | Amount | Series A - NOWDiagnostics | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - NOWDiagnostics | Valuation |
investors |
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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 NOWDiagnostics
NOWDiagnostics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include LabCorp, DigitalDX Ventures and Kompass Kapital. 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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DigitalDX Ventures is focused on AI and healthcare innovation investments.
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Founded Year | Domain | Location | |
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Private fund focused on debt, equity, and fund of funds investments
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Founded Year | Domain | Location | |
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Provider of laboratory tests for physicians
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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 NOWDiagnostics
NOWDiagnostics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cellmic and ZBx Corporation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Rapid test readers are developed for chromatographic and fluorescent assays.
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2009 | ||||
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Point-of-care diagnostic products for clinical testing are developed and marketed.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NOWDiagnostics
| 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 |
Nowdiagnostics Comparisons
Competitors of NOWDiagnostics
NOWDiagnostics 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 OpGen, Avails Medical, Resistell, HandyLab and GNA Biosolutions, 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 |
Developer of diagnostics and bioinformatics platforms for providers
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Point-of-care devices are developed for infection diagnosis and treatment optimization.
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| domain | founded_year | HQ Location |
Antibiotic susceptibility testing is provided via bacterial movement detection.
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| domain | founded_year | HQ Location |
Molecular diagnostic assays and automation platforms are developed.
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| domain | founded_year | HQ Location |
Instruments and assays for molecular pathogen detection 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 Nowdiagnostics
Frequently Asked Questions about NOWDiagnostics
When was NOWDiagnostics founded?
NOWDiagnostics was founded in 2013.
Where is NOWDiagnostics located?
NOWDiagnostics is headquartered in Bentonville, United States. It is registered at Bentonville, Arkansas, United States.
Is NOWDiagnostics a funded company?
NOWDiagnostics is a funded company, having raised a total of $65.69M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.25M, raised on Mar 21, 2013.
How many employees does NOWDiagnostics have?
As of Dec 31, 2022, the latest employee count at NOWDiagnostics is 28.
What does NOWDiagnostics do?
NowDiagnostics, formerly known as HomeDx develops and manufactures diagnostic tests that offer POC rapid test reader. Its ADEXUSDx product line uses a single drop of blood to test for a variety of common conditions, illnesses and diseases with quick results. It received FDA clearance for hCG test and is conducting two cardiac (heart attack) tests and three toxicology tests in Europe. Additional tests are in the development pipeline, including sexually transmitted diseases, more cardiac (heart attack), food intolerances, common infectious diseases and a variety of screening tests.
Who are the top competitors of NOWDiagnostics?
NOWDiagnostics's top competitors include Avails Medical, OpGen and Verax Biomedical.
What products or services does NOWDiagnostics offer?
NOWDiagnostics offers First To Know® Syphilis Test, ADEXUSDx® hCG Test, and First To Know® Pregnancy Test (EU).
How many acquisitions has NOWDiagnostics made?
NOWDiagnostics has made 2 acquisitions, including Cellmic, and ZBx Corporation.
Who are NOWDiagnostics's investors?
NOWDiagnostics has 3 investors. Key investors include LabCorp, DigitalDX Ventures, and Kompass Kapital.