PrecisionMed

San Diego, United States Founded: 1996 • Age: 30 yrs Acquired By BioIVT
Human biological materials for research are supplied via a biorepository.
Annual revenue - Latest available
Total funding $1.2M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About PrecisionMed

PrecisionMed is a company based in San Diego (United States) founded in 1996 was acquired by BioIVT in July 2023. PrecisionMed has raised $1.22 million across 1 funding round from investors including BioIVT and West-Atlantic Partners. PrecisionMed offers products and services including CSF Samples, Serum and Plasma Products, Liquid Biopsy, and FFPE Tissue. PrecisionMed operates in a competitive market with competitors including GenVault Corporation, iSpecimen, Cryoniss, AminoChain and ViaCell, among others.

  • Headquarter San Diego, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Precisionmed, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.22 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.22 M (USD), Unspecified

    Feb 13, 2014

  • Investors
    BioIVT

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    BioIVT

    & 1 more

    (Jul 18, 2023)

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Products & Services of PrecisionMed

PrecisionMed offers a comprehensive portfolio of products and services, including CSF Samples, Serum and Plasma Products, Liquid Biopsy, and FFPE Tissue.

Product name locked
Category locked
Primary

Human CSF for longitudinal research with matched clinical data.

Product name locked
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Human serum and plasma for biomarker discovery and diagnostics.

Product name locked
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Samples for oncology research and molecular diagnostics.

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Formalin-fixed paraffin-embedded tissue for genetic studies.

People of PrecisionMed

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Renee Gruber
Director of Marketing
People
Jake Fely
Inventory Manager
People
Kristin Knickerbocker
Site Leader

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Funding Insights of PrecisionMed

PrecisionMed has successfully raised a total of $1.22M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.22 million completed in February 2014. 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.

Investors in PrecisionMed

PrecisionMed has secured backing from 2 investors. Prominent investors backing the company include BioIVT and West-Atlantic Partners.

All
Investor Description Founded Year Domain Location
Invests in and partners with private businesses in healthcare, telecom, and technology.
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Provider of in vitro diagnostic products and assay services
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Investor details for PrecisionMed

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by PrecisionMed

Investments
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Investment portfolio details for PrecisionMed

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  • Portfolio identities
  • Transaction dates
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Financial Statements - PrecisionMed

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Detailed financials for PrecisionMed

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  • Profit trends
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Precisionmed Comparisons

PrecisionMed Primary company
Description
Human biological materials for research are supplied via a b...
Location
San Diego, United States
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for PrecisionMed

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  • Headcount comparison
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Competitors of PrecisionMed

PrecisionMed 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 GenVault Corporation, iSpecimen, Cryoniss, AminoChain and ViaCell, among others.

Company Name Domain Founded year HQ Location Description
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Biosamples are stabilized, transported, stored, and retrieved by GenVault.
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Provider of a biorepository of human clinical specimens
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Provider of biobanking services for life sciences industries
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A blockchain-based platform for tokenizing and incentivizing stem cell donations
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Provider of services for collecting and preserving umbilical cord blood stem cells
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Detailed competitors of PrecisionMed

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Latest news on Precisionmed

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Complete news archive for PrecisionMed

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about PrecisionMed

PrecisionMed was founded in 1996 and raised its 1st funding round 18 years after it was founded.

PrecisionMed is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

PrecisionMed is a funded company, having raised a total of $1.22M across 1 funding round to date.

PrecisionMed was established in 1996 in San Diego, United States, within the biotechnology sector focused on research support. A biorepository of annotated human biological samples is operated, including longitudinally collected cerebrospinal fluid from normal and diseased individuals. Serum, other body fluids, FFPE tissues, slides, and wet tissues are also provided. Normal control samples, termed TruNormal, are sourced through a network of partner institutions and matched to diseased materials as needed.

PrecisionMed's top competitors include Cryoport, iSpecimen and Clean Cells.

PrecisionMed offers CSF Samples, Serum and Plasma Products, Liquid Biopsy, and FFPE Tissue.

PrecisionMed has 2 investors. Key investors include BioIVT, and West-Atlantic Partners.

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