About xMD
xMD is a company based in Baltimore (United States) founded in 2015.. xMD has raised $775 thousand across 4 funding rounds from investors including SBIR and TEDCO. xMD offers products and services including Laboratory Instruments and Consumables. xMD operates in a competitive market with competitors including 10X Genomics, Cepheid, Fluidigm, Element Biosciences and Complete Genomics, among others.
- Headquarter Baltimore, United States
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name X Md Diagnostics, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$775 K (USD)
in 4 rounds
-
Latest Funding Round
$256 K (USD), Grant
Aug 23, 2021
-
Investors
SBIR
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of xMD
xMD offers a comprehensive portfolio of products and services, including Laboratory Instruments and Consumables. 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.
Devices for automating molecular testing in labs
Materials for precision diagnostics and sample enrichment
Unlock access to complete
Unlock access to complete
Funding Insights of xMD
xMD has successfully raised a total of $775K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $256 thousand completed in August 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $256,000
-
First Round
First Round
(29 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Grant - xMD | Valuation |
investors |
|
| Oct, 2018 | Amount | Seed - xMD | Valuation |
investors |
|
| Dec, 2017 | Amount | Seed - xMD | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in xMD
xMD has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include SBIR and TEDCO. 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 |
|---|---|---|---|---|
|
Venture capital fund and startup accelerator programs focused on seed and early stage companies
|
Founded Year | Domain | Location | |
|
Federal innovation and scientific achievement services are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by xMD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - xMD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xmd Comparisons
Competitors of xMD
xMD 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 10X Genomics, Cepheid, Fluidigm, Element Biosciences and Complete Genomics, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Instrument systems for genomic research and sequencing libraries are developed.
|
|
| domain | founded_year | HQ Location |
Developer of molecular diagnostic testing solutions
|
|
| domain | founded_year | HQ Location |
Instruments for life sciences research and applications are developed.
|
|
| domain | founded_year | HQ Location |
Benchtop DNA sequencers are developed for research and diagnostic uses.
|
|
| domain | founded_year | HQ Location |
DNA sequencing platform for human genome analysis is developed.
|
|
| domain | founded_year | HQ Location |
Provider of DNA sequencing technologies for applied genomic testing and medical sequencing
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about xMD
When was xMD founded?
xMD was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is xMD located?
xMD is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is xMD a funded company?
xMD is a funded company, having raised a total of $775K across 4 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Mar 29, 2017.
What does xMD do?
xMD was founded in 2015 and is headquartered in Baltimore, United States. Focus is placed on molecular diagnostics tools for research, biopharmaceutical, and clinical laboratory sectors. Proprietary Expression Microdissection technology is employed to isolate, procure, and enrich specific cells from biopsy and specimen samples. Operations center on providing instruments and consumables that support diagnostics in life sciences.
Who are the top competitors of xMD?
xMD's top competitors include Cepheid, 10X Genomics and Element Biosciences.
What products or services does xMD offer?
xMD offers Laboratory Instruments and Consumables.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.