How Much Did Mycometrics Raise?
Funding & Key Investors

Mycometrics has successfully secured a significant capital injection, bringing its total funding to $326K. This latest round, characterized by a $176K strategic investment, underscores the firm's robust position within the specialized microbiology sector. By leveraging this influx of financing, the company continues to solidify its operational footprint, demonstrating a clear trajectory of growth and market resilience since its inception in 2005.

What is Mycometrics?

Mycometrics
Healthcare ServicesMedical Laboratories & Imaging CentersHealth & Nutrition Products

Operating as a specialized microbiology laboratory, Mycometrics provides critical diagnostic services focused on the identification of fungi and bacteria across diverse environmental settings. The company has carved out a distinct market position through its proprietary testing methodologies, including the Environmental Relative Moldiness Index (ERMI) and the Health Effects Roster of Type-Specific Mold and Mycotoxin (HERTSMI) assessments. Beyond its laboratory services, Mycometrics maintains a consumer-facing product line, offering nasal cleanse kits and specialized rinse solutions designed to support respiratory health. This dual-pronged business model allows the firm to bridge the gap between high-precision environmental diagnostics and accessible health maintenance tools, catering to both professional remediation experts and individual consumers seeking to mitigate biological hazards in their living spaces.

How much funding has Mycometrics raised?

Mycometrics has raised a total of $326K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$176K

Debt (2020): $150K with participation from PPP

Debt (2021): $176K led by PPP

Key Investors in Mycometrics

PPP

Public-Private Partnership

What's next for Mycometrics?

With the recent infusion of capital, Mycometrics is well-positioned to scale its laboratory infrastructure and enhance its diagnostic throughput. The company's focus on late-stage growth suggests a strategic pivot toward expanding its service reach and potentially diversifying its product portfolio to address emerging environmental health concerns. By optimizing its testing workflows and investing in advanced identification technologies, Mycometrics aims to maintain its competitive edge in the microbiology testing market. Future initiatives will likely prioritize the integration of automated data analysis to improve turnaround times for clients, further cementing the company's reputation for accuracy and reliability in the environmental health space.

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Frequently Asked Questions Regarding Mycometrics Financial Insights

What are the most recent funding rounds that Mycometrics has completed, and what were the funding rounds?
Mycometrics has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on May 1, 2020.
What is the total amount of funding Mycometrics has raised to date?
Mycometrics has raised a total of $326K in funding to date.
How many funding rounds has Mycometrics completed?
Mycometrics has completed 2 funding rounds.
How much funding did Mycometrics raise in its most recent funding round?
Mycometrics raised $176K in its most recent funding round.
Who are the lead investors in Mycometrics's latest funding round?
The lead investor in Mycometrics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mycometrics's history?
The largest funding round in Mycometrics's history was $176K.
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