# Diagnostic Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diagnostic-photonics

- Industry: Medical Devices & Equipment
- Headquarters: Chicago, US
- Website: www.diagnosticphotonics.com
- Total disclosed funding: $1.8M
- Latest round: Series A (Jul 5, 2012)
- Investors on record: 1

## About

Diagnostic Photonics, Inc. specializes in photonics technology, focusing on the sale of a premium domain name for entities involved in diagnostic applications and related fields.Founded in 2008, Diagnostic Photonics, Inc. is based in Chicago, US. The company focuses on the photonics sector, providing a domain name that supports businesses in medical diagnostics and optical technologies. The CEO is Andrew Cittadine, while P. Carney is the founder. In July 2012, the company raised USD 0.41 million in Series A financing from Illinois Ventures, bringing the total amount raised to USD 0.41 million and the current company valuation to USD 2.938 mn.DiagnosticPhotonics.com offers a specialized domain in the field of photonics, centered on diagnostic applications. The primary service is the sale of the domain name, which aids research institutions, healthcare organizations, and tech companies in establishing an online presence. The domain is available globally, targeting advanced markets such as North America, Europe, and parts of Asia to meet the demand for innovative diagnostic solutions.The revenue model relies on the direct sale of the domain name, priced at USD 3,095, with an option for a payment plan of USD 128.96 per month over 24 months. Transactions are structured for direct-to-consumer sales, enabling professionals and companies in photonics to enhance their branding. Customers typically gain access to the domain within one to two hours post-purchase, emphasizing a streamlined purchasing experience.The company plans to utilize the recent funding from the Series A round, completed in July 2012, to support its growth strategy. Upcoming initiatives include developing new products aimed at expanding its digital offerings in photonics. Additionally, Diagnostic Photonics, Inc. is targeting new geographic markets, focusing on regions with a high demand for diagnostic solutions, although specific timelines and markets have not been disclosed.

## Funding rounds

- Series A, Jul 5, 2012, $0.4M — Illinois Ventures
- Series A, Jun 30, 2010, $1.4M — Illinois Ventures

## Investors

- Illinois Ventures (https://capitalatlas.ai/funds/illinois-ventures) — Series A