# myLAB Box

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mylab-box

- Industry: Healthcare
- Headquarters: Los Angeles, US
- Website: www.mylabbox.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Aug 16, 2018)
- Investors on record: 9

## About

myLAB Box, Inc. specializes in providing at-home health testing services, focusing on sexual health, fertility, and general wellness, empowering individuals to manage their health privately and conveniently.Founded in 2013 and headquartered in Los Angeles, US, myLAB Box, Inc. offers at-home testing solutions. The company was co-founded by Lora Ivanova and Ursula Hessenflow-Cruz. In August 2018, myLAB Box raised USD 1.56 million in Seed funding, co-led by K5 Ventures and Texas Halo Fund, among other investors. The company has completed a total of 4 deals as of the latest funding round.myLAB Box offers a comprehensive range of at-home health and wellness testing services, primarily focusing on sexual health, fertility, and general wellness. Their core product offerings include the At Home Women's Health + Fertility Test, which measures various hormone levels such as Testosterone, Estradiol, and Progesterone, as well as the At Home Men's Health Test that assesses Testosterone and Cortisol levels. Additionally, they provide an 8-panel home STD test that delivers results comparable to those obtained in clinical settings. The company’s services are designed to eliminate the discomfort and inconvenience associated with traditional clinic visits, empowering consumers to conduct tests in the privacy of their homes. Their products primarily serve individuals in the United States, with a focus on urban markets where convenience and privacy in health matters are paramount.myLAB Box generates revenue through direct-to-consumer sales of their testing kits, which are available for individual purchase. Customers can choose between specific testing kits or wellness boxes that cover multiple health parameters, creating a flexible offering for health-conscious individuals. The company employs a straightforward pricing structure, with various tests priced to accommodate different customer needs. Transactions generally occur through their online platform, enabling customers to order kits with free shipping for orders over USD 150. Additionally, myLAB Box provides a free consultation service with licensed physicians for customers who receive positive test results, adding a layer of value to their offerings. This approach not only enhances customer engagement but also cultivates a recurring customer base through proactive health management.In August 2018, myLAB Box, Inc. raised USD 1.56 million in Seed funding to support its growth initiatives. The company plans to expand its product line with new testing kits aimed at additional health metrics, although specific release dates are yet to be announced. Furthermore, there are plans to enter new geographic markets, focusing on urban areas in the US, to reach a broader audience by 2021. The recent funding will be utilized to enhance product development and marketing efforts to support this expansion.

## Funding rounds

- Seed, Aug 16, 2018, $1.6M — Morgan Stanley Investment Management, Pasadena Angels, Sand Hill Angels, K5 Ventures, Texas Halo Fund, Pipeline Angels
- Angel, Dec 11, 2015, $0.6M — The Houston Angel Network, ACE Fund, K5 Ventures, Texas Halo Fund, Houston Health Ventures, Pipeline Angels
- Seed, Jul 1, 2015, $0.5M — K5 Ventures, Texas Halo Fund, Houston Health Ventures

## Investors

- K5 Ventures (https://capitalatlas.ai/funds/k5-ventures) — Seed, Angel
- Texas Halo Fund (https://capitalatlas.ai/funds/texas-halo-fund) — Seed, Angel
- Houston Health Ventures (https://capitalatlas.ai/funds/houston-health-ventures) — Seed, Angel
- The Houston Angel Network — Angel
- ACE Fund — Angel
- Pipeline Angels (https://capitalatlas.ai/funds/pipeline-angels) — Angel, Seed
- Morgan Stanley Investment Management — Seed
- Pasadena Angels (https://capitalatlas.ai/funds/pasadena-angels) — Seed
- Sand Hill Angels (https://capitalatlas.ai/funds/sand-hill-angels) — Seed