How Much Did Phenomix Sciences Raise?
Funding & Key Investors

Phenomix Sciences, a leader in AI-driven precision obesity medicine, has secured significant capital, with total funding reaching $7.8M. The company recently announced a major strategic investment of $5.5M, underscoring its advanced approach to optimizing treatment outcomes through genetic, clinical, and biomarker data. This latest financing round is poised to accelerate the development and deployment of their MyPhenome Test, a key tool for identifying the root causes of obesity and guiding therapeutic pathways.

What is Phenomix Sciences?

Phenomix Sciences
SoftwareHealthcare SoftwareHealthcare Services

Phenomix Sciences specializes in the transformative field of precision obesity medicine, leveraging artificial intelligence to analyze complex patient data. Their proprietary MyPhenome Test integrates genetic predispositions, clinical health records, and specific biomarker information to provide a deeply personalized understanding of an individual's obesity. This data-driven approach empowers healthcare providers to select the most effective and appropriate therapeutic interventions, moving beyond one-size-fits-all strategies. By focusing on the root causes of obesity, Phenomix aims to enhance patient compliance, reduce long-term healthcare costs, and significantly improve treatment efficacy. The company's innovative platform is at the forefront of personalized medicine, aiming to revolutionize how obesity is understood and managed.

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 Health2047, Labcorp, and Dexcom

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, responsible for biomedical and health-related research, indicating a focus on foundational scientific advancement and public health initiatives.

Health2047

Health2047, powered by the American Medical Association, is a venture studio focused on transforming healthcare by founding, funding, and scaling companies that enhance diagnostics and improve care delivery, suggesting a strategic interest in innovative healthcare solutions.

Labcorp

Labcorp is a leading laboratory services company providing vital diagnostic information for healthcare decisions, indicating a strong interest in companies that can leverage diagnostic data for improved patient outcomes and clinical insights.

What's next for Phenomix Sciences?

With the recent influx of major enterprise-level funding and a strategic investment, Phenomix Sciences is well-positioned for significant growth and market expansion. This capital infusion is expected to fuel further research and development, enhance their AI capabilities, and broaden the reach of the MyPhenome Test to a wider clinical audience. The company's strategic focus on integrating diverse data streams for personalized obesity treatment places it in a strong competitive position within the rapidly evolving healthcare technology sector. Future developments will likely involve expanding partnerships with healthcare systems and pharmaceutical companies, further solidifying their role in advancing precision medicine for metabolic health.

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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 Health2047. 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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