How Much Did Phenomix Sciences Raise?
Funding & Key Investors

Phenomix Sciences has secured significant enterprise-level funding, with the total amount undisclosed as $7.8M. The company recently announced a major strategic investment of $5.5M, underscoring its pivotal role in advancing precision obesity medicine. This latest capital infusion is expected to accelerate the development and deployment of its innovative AI-driven solutions.

What is Phenomix Sciences?

Phenomix Sciences
SoftwareHealthcare SoftwareHealthcare Services

Phenomix Sciences is at the vanguard of personalized healthcare, specializing in AI-driven precision obesity medicine. The company leverages a sophisticated integration of genetic, clinical, and biomarker data to tailor treatment strategies, aiming to optimize patient outcomes. Its proprietary MyPhenome Test is engineered to pinpoint the underlying causes of obesity, thereby guiding clinicians toward the most effective therapeutic interventions. By providing data-driven insights, Phenomix empowers healthcare providers to deliver timely and appropriate care, which is crucial for reducing healthcare costs and enhancing patient adherence to treatment plans. The company's focus on transforming obesity care through advanced analytics positions it as a key player in the rapidly evolving landscape of personalized medicine.

How much funding has Phenomix Sciences raised?

Phenomix Sciences has raised a total of $7.8M across 2 funding rounds:

2024

Grant

$2.3M

Series A

$5.5M

Grant (2024): $2.3M with participation from National Institutes of Health

Series A (2024): $5.5M led by Labcorp, Dexcom, and Health2047

Key Investors in Phenomix Sciences

National Institutes of Health

The National Institutes of Health (NIH) is a primary agency of the U.S. Department of Health and Human Services, dedicated to biomedical and health-related research. Its involvement suggests a strong scientific validation and potential for future research collaborations.

Labcorp

Labcorp is a leading global life sciences company providing vital information for doctors, hospitals, and researchers. Their investment indicates a strategic alignment with diagnostic advancements and the integration of laboratory services into precision medicine.

Dexcom

Dexcom is a prominent medical technology company focused on continuous glucose monitoring systems. Their participation suggests an interest in synergistic technologies that enhance chronic disease management and patient monitoring.

What's next for Phenomix Sciences?

The recent major strategic investment signals a critical growth phase for Phenomix Sciences, likely enabling the company to scale its operations, expand its research and development capabilities, and broaden its market reach. This capital will be instrumental in further refining its AI algorithms and expanding the clinical utility of the MyPhenome Test. Phenomix is poised to solidify its position as a leader in precision obesity medicine, driving innovation in how obesity is understood, diagnosed, and treated. The company's trajectory suggests a strong focus on strategic partnerships and clinical validation to further integrate its solutions into mainstream healthcare.

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Frequently Asked Questions Regarding Phenomix Sciences Financial Insights

What are the most recent funding rounds that Phenomix Sciences has completed, and what were the funding rounds?
Phenomix Sciences has recently completed 2 funding rounds: Series A on May 16, 2024, Grant on May 16, 2024.
What is the total amount of funding Phenomix Sciences has raised to date?
Phenomix Sciences has raised a total of $7.8M in funding to date.
How many funding rounds has Phenomix Sciences completed?
Phenomix Sciences has completed 2 funding rounds.
How much funding did Phenomix Sciences raise in its most recent funding round?
Phenomix Sciences raised $5.5M in its most recent funding round.
Who are the lead investors in Phenomix Sciences's latest funding round?
The lead investor in Phenomix Sciences's latest funding round was Labcorp. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phenomix Sciences's history?
The largest funding round in Phenomix Sciences's history was $5.5M.
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