Tech Company Financing Transactions

Babson Diagnostics Funding Round

On 9/25/2020, Babson Diagnostics raised $13.7 million in Series A financing from Genesis Merchant Capital, LAGO Consulting & Services and Prism VentureWorks.

Transaction Overview

Company Name
Announced On
9/25/2020
Transaction Type
Venture Equity
Amount
$13,700,000
Round
Series A
Investors

Genesis Merchant Capital (Lead Investor)

LAGO Consulting & Services (Lead Investor)

Prism VentureWorks (Lead Investor)

Siemens Venture Capital (Lead Investor)

Proceeds Purpose
The company plans to deploy its proprietary technology ecosystem at accessible retail locations--such as pharmacy counters--throughout the country.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1205 Sheldon Cove 2-J
Austin, TX 78753
USA
Phone
Undisclosed
Email Address
Overview
Improving the customer experience of diagnostic blood testing without sacrificing accuracy or cost. With humble gratitude, we honor those who helped to shape and foster our vision. Inspired by our hero Art Babson and incubated at Siemens Healthineers, we launched as an independent startup in 2017 with a mission to make diagnostic blood testing more convenient, accessible, and human.
Profile
Babson Diagnostics LinkedIn Company Profile
Social Media
Babson Diagnostics Company Twitter Account
Company News
Babson Diagnostics News
Facebook
Babson Diagnostics on Facebook
YouTube
Babson Diagnostics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Stein
  David Stein LinkedIn Profile  David Stein Twitter Account  David Stein News  David Stein on Facebook
Chief Operating Officer
Eric Olson
  Eric Olson LinkedIn Profile  Eric Olson Twitter Account  Eric Olson News  Eric Olson on Facebook
VP - R & D
Roy Barr
  Roy Barr LinkedIn Profile  Roy Barr Twitter Account  Roy Barr News  Roy Barr on Facebook
VP - Regulatory Affairs
James Jacobson
  James Jacobson LinkedIn Profile  James Jacobson Twitter Account  James Jacobson News  James Jacobson on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/25/2020: Nutcracker Therapeutics venture capital transaction
Next: 9/25/2020: Fulcrum Workflow venture capital transaction

 

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