ProciseDx

San Diego, United States Founded: 2018 • Age: 8 yrs Acquired By Biosynex
Point-of-care diagnostic devices for immunoassay tests are provided to clinicians.
Annual revenue - Latest available
Total funding $9.0M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About ProciseDx

ProciseDx is a company based in San Diego (United States) founded in 2018 was acquired by Biosynex in June 2023. ProciseDx has raised $8.96 million across 3 funding rounds from investors including Nestlé Health Science and Biosynex. ProciseDx offers products and services including Drug Monitoring Assays and ProciseDx Platform. ProciseDx operates in a competitive market with competitors including EKF, LumiraDx, SpinChip, LightDeck Diagnostics and EDX Medical Group, among others.

  • Headquarter San Diego, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.96 M (USD)

    in 3 rounds

  • Latest Funding Round
    $13 M (USD), Debt – Convertible

    Jul 13, 2021

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Biosynex

    (Jun 12, 2023)

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Products & Services of ProciseDx

ProciseDx offers a comprehensive portfolio of products and services, including Drug Monitoring Assays and ProciseDx Platform.

Product name locked
Category locked
Primary

Provide quick, accurate drug level measurements from blood samples.

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Enables immediate clinical decisions with quantitative immunoassays.

Funding Insights of ProciseDx

ProciseDx has successfully raised a total of $8.96M across 3 strategic funding rounds. The most recent funding activity was a Debt – Convertible round of $13 million completed in July 2021. 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 ProciseDx

ProciseDx has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Nestlé Health Science and Biosynex.

All
Institutional
Investor Description Founded Year Domain Location
Nutritional dietary supplements are provided for health and wellness needs.
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Professional rapid diagnostic tests for diseases are manufactured by Biosynex.
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Investor details for ProciseDx

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Investments & Acquisitions by ProciseDx

Investments
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Investment portfolio details for ProciseDx

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Financial Statements - ProciseDx

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Detailed financials for ProciseDx

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Procisedx Comparisons

ProciseDx Primary company
Description
Point-of-care diagnostic devices for immunoassay tests are p...
Location
San Diego, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ProciseDx

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Competitors of ProciseDx

ProciseDx 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 EKF, LumiraDx, SpinChip, LightDeck Diagnostics and EDX Medical Group, among others.

Company Name Domain Founded year HQ Location Description
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Point-of-care and laboratory blood analyzers are developed by EKF.
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Cloud based diagnostics platform for point of care diagnosing
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In-vitro diagnostic test cartridges are developed and manufactured via R&D.
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Point-of-care diagnostic devices for multiplex assays are developed.
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Medical diagnostics solutions are researched by the laboratory.
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Detailed competitors of ProciseDx

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Latest news on Procisedx

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Complete news archive for ProciseDx

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Frequently Asked Questions about ProciseDx

ProciseDx was founded in 2018 and raised its 1st funding round 2 years after it was founded.

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

Larry Mimms is the current CEO of ProciseDx.

ProciseDx is a funded company, having raised a total of $8.96M across 3 funding rounds to date.

ProciseDx was established in 2018 in San Diego, United States, within the healthcare diagnostics sector. A point-of-care device is supplied to professionals for clinical analysis. Proprietary Lumiphore technology is employed to measure patient samples, including blood, urine, and stool, in immunoassay procedures. Results from the device are used by healthcare providers to support diagnosis and treatment decisions in various settings.

ProciseDx's top competitors include EKF, LumiraDx and SpinChip.

ProciseDx offers Drug Monitoring Assays and ProciseDx Platform.

ProciseDx has 2 investors. Key investors include Nestlé Health Science, and Biosynex.

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