How Much Did Genomind Raise?
Funding & Key Investors

Genomind has successfully secured a total funding amount of $92.2M to advance its mission in the precision medicine sector. This capital trajectory, punctuated by a recent funding amount of $4.9M, underscores the firm's pivotal role in the evolving landscape of neuropsychiatric diagnostics. By leveraging consistent backing from institutional partners, the company has transitioned from early-stage development to a mature enterprise-level entity, solidifying its position as a leader in the integration of genetic insights into clinical psychiatric practice.

What is Genomind?

Genomind
Business ServicesResearch & DevelopmentHealthcare Services

Genomind operates as a specialized pharmacogenetic testing laboratory, bridging the gap between complex genetic data and actionable clinical outcomes. Founded by Dr. Ronald I. Dozoretz and Dr. Jay Lombard, the organization focuses on the underlying biological mechanisms of neuropsychiatric disorders. By providing clinicians with sophisticated diagnostic tools, Genomind enables a personalized medicine approach that optimizes treatment efficacy for patients suffering from mental health conditions. The company's market position is defined by its commitment to rigorous research and its ability to translate high-level neurological science into practical, patient-centric diagnostic solutions that improve long-term health outcomes.

How much funding has Genomind raised?

Genomind has raised a total of $92.2M across 8 funding rounds:

2014

Series A

$20.9M

Other Financing Round

$5M

2015

Private Equity

$6M

2016

Other Financing Round

$17.9M

2017

Series B

$31.9M

2020

Multiple Rounds

$10.4M

Series A (2014): $21M with participation from Claritas Capital

Other Financing Round (2014): $5M led by Claritas Capital

Private Equity (2015): $6M supported by Claritas Capital

Other Financing Round (2016): $18M featuring Claritas Capital

Series B (2017): $31.9M backed by Silicon Valley Bank

Debt (2020): $1M with participation from PPP

Series C (2020): $4.5M, investors not publicly disclosed

Series D (2020): $4.9M supported by Claritas Capital

Key Investors in Genomind

Claritas Capital

Claritas Capital is an alternative investments firm based in Nashville, TN, specializing in venture capital and real estate. The firm has invested over $1 billion in innovative founders, entrepreneurs, and developers, focusing on healthcare, technology, and media/entertainment sectors.

Silicon Valley Bank

SVB Financial Group offers commercial and private banking, asset management, private wealth management, brokerage and investment services, funds management, and business valuation services.

Undisclosed Investors

Undisclosed Investors

What's next for Genomind?

With the support of its recent strategic investment, Genomind is well-positioned to scale its diagnostic infrastructure and expand its footprint in the personalized medicine market. The company's roadmap likely involves deepening its research into the genetic markers of neuropsychiatric health, thereby enhancing the predictive power of its testing platforms. As the healthcare industry shifts toward data-driven, individualized care, Genomind's focus on clinical utility and scientific innovation will be critical in maintaining its competitive advantage. Future growth will likely center on broader clinical adoption and the integration of its proprietary data into standard psychiatric care protocols, ensuring that the firm remains at the forefront of the intersection between genetics and mental health.

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Frequently Asked Questions Regarding Genomind Financial Insights

What are the most recent funding rounds that Genomind has completed, and what were the funding rounds?
Genomind has recently completed 3 funding rounds: Series D on Dec 24, 2020, Series C on Dec 9, 2020, Debt on Apr 15, 2020.
What is the total amount of funding Genomind has raised to date?
Genomind has raised a total of $92.2M in funding to date.
How many funding rounds has Genomind completed?
Genomind has completed 3 funding rounds.
How much funding did Genomind raise in its most recent funding round?
Genomind raised $4.9M in its most recent funding round.
Who are the lead investors in Genomind's latest funding round?
The lead investor in Genomind's latest funding round was Claritas Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Genomind's history?
The largest funding round in Genomind's history was $31.9M.
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