How Much Did Progentec Diagnostics Raise?
Funding & Key Investors

Progentec Diagnostics has successfully secured a significant capital infusion, bringing its total funding to $5.2M. This latest major strategic investment of $172K underscores the company's pivotal role in the evolving landscape of autoimmune disease management. By leveraging a combination of proprietary biomarker analysis and digital health integration, the firm continues to attract high-profile institutional backing to scale its diagnostic capabilities globally.

The company's growth trajectory, marked by a series of financing rounds, reflects a robust commitment to transforming patient outcomes through precision medicine. As Progentec Diagnostics transitions into its next phase of operational expansion, this recent injection of capital serves as a critical catalyst for accelerating the deployment of its advanced diagnostic platforms.

What is Progentec Diagnostics?

Progentec Diagnostics
Business ServicesResearch & DevelopmentHealthcare Services

Progentec Diagnostics, Inc. operates at the intersection of advanced proteomics and digital health, specifically targeting systemic lupus erythematosus and multiple sclerosis. The company's flagship aiSLE DX Family of Tests represents a significant advancement in the field, providing clinicians with the ability to predict disease flares and monitor activity with unprecedented precision. Beyond diagnostic hardware, the company maintains the LupusCorner platform, which serves as a digital ecosystem for patient empowerment, health management, and community engagement. By bridging the gap between clinical diagnostics and remote patient monitoring, Progentec is effectively positioning itself as a leader in the proactive care segment of the autoimmune market.

How much funding has Progentec Diagnostics raised?

Progentec Diagnostics has raised a total of $5.2M across 2 funding rounds:

2020

Series A

$5M

2021

Debt

$172K

Series A (2020): $5M with participation from Mayo Clinic, Stanford University, Burns & Stowers Investments LLC, OCA Ventures, NMC Health, Plains Venture Partners, Oklahoma Seed Capital Fund, Oklahoma Angel Capital Fund II, and Oklahoma Medical Research Foundation

Debt (2021): $172K led by PPP

Key Investors in Progentec Diagnostics

Mayo Clinic

A nonprofit global healthcare organization specializing in integrated clinical practice, education, and medical research with a focus on complex health conditions.

Stanford University

A world-leading research university known for its entrepreneurial character and interdisciplinary approach to solving complex engineering and scientific problems.

OCA Ventures

A venture capital firm dedicated to assisting entrepreneurs in the development of successful companies by providing resources to foster innovation and market growth.

What's next for Progentec Diagnostics?

With the recent influx of capital, Progentec Diagnostics is well-positioned to deepen its research and development efforts, particularly in expanding the clinical utility of its biomarker-driven diagnostic suite. The strategic focus will likely shift toward scaling the commercial reach of the aiSLE DX platform and enhancing the digital infrastructure of the LupusCorner ecosystem. As the company matures, the integration of artificial intelligence into its diagnostic workflows will remain a primary driver of competitive advantage, allowing for more personalized treatment pathways. Investors are closely watching how the firm leverages these resources to navigate the complex regulatory environment of medical diagnostics while simultaneously expanding its footprint in international healthcare markets.

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Frequently Asked Questions Regarding Progentec Diagnostics Financial Insights

What are the most recent funding rounds that Progentec Diagnostics has completed, and what were the funding rounds?
Progentec Diagnostics has recently completed 2 funding rounds: Debt on Jan 31, 2021, Series A on Jan 8, 2020.
What is the total amount of funding Progentec Diagnostics has raised to date?
Progentec Diagnostics has raised a total of $5.2M in funding to date.
How many funding rounds has Progentec Diagnostics completed?
Progentec Diagnostics has completed 2 funding rounds.
How much funding did Progentec Diagnostics raise in its most recent funding round?
Progentec Diagnostics raised $172K in its most recent funding round.
Who are the lead investors in Progentec Diagnostics's latest funding round?
The lead investor in Progentec Diagnostics'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 Progentec Diagnostics's history?
The largest funding round in Progentec Diagnostics's history was $5M.
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