Prominex
Latest round
- Series A
Last raised
- Sep 2018
Total raised
- $4M
Investors
- 1
About Prominex
Prominex Inc.Founded in 2016 in San Diego, US, Prominex Inc. specializes in diagnostic testing solutions, with a notable pivot towards home-based rapid testing for infectious diseases.Prominex Inc. specializes in the development of rapid, accurate, and easy-to-use diagnostic testing solutions, particularly focusing on infectious disease testing. Their core offering is a five-minute sample-to-answer molecular assay system that enables users to test for respiratory infections from home. This product addresses the need for accessible diagnostics, aimed at serving both individuals with and without special accessibility needs. Prominex’s solutions are designed to democratize diagnostics by providing reliable test results in a fraction of the time typically required for traditional testing methods.Prominex Inc. operates on a revenue model that incorporates partnerships with healthcare organizations, retail pharmacies, and direct-to-consumer sales. The company engages in transactions through B2B relationships as well as direct sales to end users, leveraging its innovative testing solutions. The pricing structure is designed to be accessible, aligning with the company's mission to provide affordable diagnostics; however, specific pricing details for individual products or services are not disclosed.Prominex Inc.00 mn to support the development of new diagnostic products, with a focus on expanding their portfolio of infectious disease tests. The company is also targeting geographic expansion into additional international markets by 2025, aiming to increase accessibility to its diagnostic solutions. This strategic growth initiative is intended to enhance the company's presence in both established and emerging markets, ensuring broader access to rapid testing solutions.
Who invested in Prominex
1 investor across 1 round
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Funding rounds
Series A
Sep 13, 2018
Amount
$4M
Investors
Questions about Prominex
Who invested in Prominex?
Prominex has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Prominex raised?
Prominex has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Prominex last raise money?
Prominex's most recent round on record is a Series A, in Sep 2018.
What does Prominex do?
Prominex is a biotechnology company.
Where is Prominex headquartered?
Prominex is headquartered in San Diego, US.
Which VCs invest in companies like Prominex?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Prominex's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series A
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