# Bloom Diagnostics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bloom-diagnostics

- Industry: Medical Devices & Equipment
- Headquarters: Vienna, Austria
- Website: www.bloomdiagnostics.com
- Total disclosed funding: $11M
- Latest round: Series B (May 31, 2020)
- Investors on record: 3

## About

Bloom Diagnostics GmbH specializes in home-based health testing solutions, empowering users to monitor significant health metrics conveniently and accurately with their innovative products.Bloom Diagnostics GmbH, founded in 2018, is based in Vienna, Austria. The company offers home health testing solutions and has raised a total of EUR 10.00 mn through 3 funding deals, with the most recent being a Series B round on May 31, 2020, led by Walter Group of Companies and supported by investors Speedinvest and Wild Group Management. The founders are Alexander Just, Eric Kohlmann, and Tom Kupper, who have extensive experience in the health technology sector.Bloom Diagnostics provides a range of home health testing solutions, primarily featuring the Bloom System. This system includes the Bloom Lab and multiple test kits that assess various health indicators, such as inflammation, kidney function, iron levels, ovarian reserve, and thyroid status. Results are delivered through the Bloom App, aiming at health-conscious individuals, athletes, and healthcare professionals across Europe and North America.For the year 2020, Bloom Diagnostics generated revenue totaling EUR 3,899,852.50, with an EBITDA of EUR 287,998.Following the EUR 10.00 mn Series B funding round in May 2020, Bloom Diagnostics plans to further enhance its product offerings and expand into new markets. The company is focusing on developing additional health testing kits and aims to enter additional European and North American markets by 2022. The recent funding will be utilized to support these initiatives, facilitating research and development along with marketing efforts to increase market penetration.

## Funding rounds

- Series B, May 31, 2020, $11M — Speedinvest, Wild Group Management, Walter Group of Companies

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series B
- Wild Group Management — Series B
- Walter Group of Companies — Series B