How Much Did Genetesis Raise?
Funding & Key Investors

Genetesis has successfully secured a major strategic investment, bringing its cumulative capital infusion to $35.9M. This latest financing round, totaling $17.5M, underscores the market confidence in the company's proprietary magnetocardiography technology. As the firm transitions through its growth lifecycle, this influx of capital serves as a critical catalyst for scaling operations and expanding the reach of its diagnostic solutions within the competitive healthcare landscape.

The company's trajectory, marked by consistent backing from institutional investors, highlights its role as a pivotal player in the medtech sector. By leveraging this recent investment, Genetesis is well-positioned to accelerate its mission of transforming cardiac care through non-invasive, high-precision diagnostic tools.

What is Genetesis?

Genetesis
ManufacturingMedical Devices & EquipmentHealthcare Software

Genetesis is a pioneering healthcare technology firm dedicated to revolutionizing preventive cardiac care. At the core of its innovation is the CardioFlux platform, a sophisticated diagnostic system that utilizes magnetocardiography to detect functionally significant ischemia with unprecedented speed and accuracy. By providing a non-invasive alternative to traditional cardiac testing, the company addresses a critical gap in emergency department workflows and outpatient clinics.

The firm's market position is defined by its commitment to improving patient outcomes while simultaneously reducing hospital wait times and operational inefficiencies. By targeting the intersection of advanced physics and clinical cardiology, Genetesis provides healthcare professionals with actionable data, effectively setting a new standard for cardiac imaging and diagnostic efficiency in the modern medical environment.

How much funding has Genetesis raised?

Genetesis has raised a total of $35.9M across 5 funding rounds:

2016

Angel/Seed

$1.2M

2018

Series A

$7.5M

2020

Series B

$9.2M

2021

Debt

$508K

2022

Series C

$17.5M

Angel/Seed (2016): $1.2M with participation from CincyTech and LOUD Capital

Series A (2018): $7.5M, investors not publicly disclosed

Series B (2020): $9.2M supported by TDK Ventures

Debt (2021): $508K featuring PPP

Series C (2022): $17.5M backed by CincyTech, Mithril Capital Management, Ohio Innovation Fund, JobsOhio, and Cercano Management

Key Investors in Genetesis

CincyTech

CincyTech is a public-private seed-stage investor based in Ohio that specializes in life sciences, digital health, and enterprise software applications.

Mithril Capital Management

Mithril Capital is a long-term venture capital firm that partners with teams leveraging technology to transform industries ripe for disruption.

Ohio Innovation Fund

The Ohio Innovation Fund is a venture firm focused on supporting disruptive startups in medtech, AI, and cybersecurity through strategic guidance and capital.

What's next for Genetesis?

With the successful closure of this major strategic investment, Genetesis is poised to enter a phase of aggressive commercial expansion and product refinement. The company's strategic roadmap focuses on deepening its footprint in the cardiac diagnostic market, likely through enhanced clinical validation studies and broader integration into hospital health systems. As the firm scales, the focus will remain on optimizing the CardioFlux Membership program to ensure widespread adoption among healthcare providers.

Furthermore, the infusion of capital will likely support the development of next-generation diagnostic features, reinforcing the company's competitive advantage in the medtech space. By maintaining a focus on both clinical efficacy and operational scalability, Genetesis is strategically aligned to capture significant market share, ultimately driving long-term value for its stakeholders and improving the standard of care for patients suffering from cardiac-related chest pain.

See full Genetesis company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Food & BeverageManufacturing
Food & BeverageManufacturingRetailConvenience Stores, Gas Stations & Liquor Stores
FurnitureManufacturing
FurnitureManufacturing

Frequently Asked Questions Regarding Genetesis Financial Insights

What are the most recent funding rounds that Genetesis has completed, and what were the funding rounds?
Genetesis has recently completed 3 funding rounds: Series C on Oct 6, 2022, Debt on Jan 23, 2021, Series B on May 8, 2020.
What is the total amount of funding Genetesis has raised to date?
Genetesis has raised a total of $35.9M in funding to date.
How many funding rounds has Genetesis completed?
Genetesis has completed 3 funding rounds.
How much funding did Genetesis raise in its most recent funding round?
Genetesis raised $17.5M in its most recent funding round.
Who are the lead investors in Genetesis's latest funding round?
The lead investor in Genetesis's latest funding round was CincyTech. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Genetesis's history?
The largest funding round in Genetesis's history was $17.5M.
See more information about Genetesis