Tech Company Financing Transactions
NOWDiagnostics Funding Round
NOWDiagnostics, operating out of Springdale, secured $22.5 million from DigitalDx Ventures, Kompass Ventures and LabCorp.
Transaction Overview
Company Name
Announced On
7/9/2024
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to drive the commercialization of at-home diagnostic tests, continue developing new diagnostic innovations, expand the pipeline of tests, and support strategic hiring initiatives.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1200 Stewart Place
Springdale, AZ 72764
USA
Springdale, AZ 72764
USA
Phone
Website
Email Address
Overview
We develop and manufacture "Touch to Test" over-the-counter and point of care diagnostic tests that yield results in minutes. Our patented approach allows for virtually any immunological assay to be accurately performed onsite in one step using a tiny amount of capillary blood or in some cases, saliva.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Stephen Tang
Chief Executive Officer
Robert Weigle
Chief Financial Officer
John Miller
Chief Scientific Officer
Jody Berry
Co-Founder
Kevin Clark
VP - Sales
Todd Grice
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