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binx health logo — Creating new categories of healthcare solutions that put on-...

binx health

Creating new categories of healthcare solutions that put on-demand testing where people need it most.

Founded 2005 United States Boston, United States 86 employees Series F Total: $263.80M Health Care, Medical Devices +1

General Information

Company Name binx health
Founded Year 2005
Location United States Boston, United States
Employees 86
Industries Health Care, Medical Devices, Mobile
Funding Stage Series F
Social

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About binx health

binx health is a pioneering company in the healthcare industry, dedicated to creating innovative solutions that offer on-demand testing to individuals at their convenience. The company's groundbreaking approach leverages its proprietary desktop, PCR-based point-of-care testing platforms and consumer mobile offerings, setting a new standard for convenient care in today's modern world. By focusing on delivering rapid PCR-based results in around 30 minutes, binx health aims to revolutionize the current standard-of-care central lab testing paradigm. Its products and services are designed to be easily accessible, with plans to integrate them into retail clinics, supermarkets, primary care offices, and homes through a suite of mobile and digital offerings. The company has garnered significant support from a diverse group of investors, including financial investors, Johnson & Johnson Innovation, Novartis Venture Fund, LSP Venture Capital, BB Biotech, RMI Investments, and Technology Venture Partners. Additionally, strategic investors such as Consort Medical and China-based Wondfo Biotech have demonstrated confidence in the company's vision and offerings. Having received a $65.00M Series F investment on April 4, 2024, from EQT Life Sciences and Hildred Capital Management, LLC, binx health continues to attract support from prominent industry players. Founded in 2005, binx health is headquartered in the United States with a global presence, including locations in Boston, MA and Bath, UK. The company's commitment to delivering accessible and rapid testing solutions reflects its dedication to transforming healthcare delivery. For more information, visit www.mybinxhealth.com.

Business keywords: On-demand testing, Point-of-care testing, PCR-based testing, Consumer healthcare, Retail healthcare, Medical devices, Healthcare innovation, Investment, Biotech, Global company, Digital health, Healthcare delivery, Strategic partnerships

Funding Rounds & Investors (9)

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Funding Stage Amount Investors Lead Investors Date
Series F $65.00M 2
Hildred Capital Management, LLC, EQT Life Sciences
04 Apr 2024
Series E $104.00M 7
OrbiMed, Alta Life Sciences +5
27 May 2021
Grant $2.00M 1
Good Ventures
01 Nov 2020
Grant £2.00M 1
Innovate UK
15 Aug 2017
Series D $35.00M 9
Novartis Venture Fund, Technology Venture Partners +7
23 Jan 2017
Series C $20.00M 7
Novartis Venture Fund, Technology Venture Partners +5
29 Jan 2015
Series B £16.90M 6
Novartis Venture Fund, YFM Equity Partners +4
28 Apr 2014
Series B £16.90M 5
Novartis Venture Fund, BB Biotech Ventures +3
18 Jul 2011
Series A €2.00M -
01 Jan 2007

binx health Alternatives & Competitors

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FAQ About binx health

Creating new categories of healthcare solutions that put on-demand testing where people need it most.
binx health was founded in 2005.
binx health is headquartered in Boston, United States.
binx health operates in Health Care, Medical Devices and Mobile. Its work centres on On-demand testing, Point-of-care testing, PCR-based testing and Consumer healthcare.
binx health has approximately 86 employees.
binx health has completed 9 funding rounds, raising a total of $263.80M. The latest funding stage is Series F.
Top alternatives and competitors to binx health include Molbio Diagnostics, Orange Biomed, Sight Diagnostics, Babson Diagnostics, Truvian. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
binx health and Molbio Diagnostics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for binx health, https://bouncewatch.com/company/binx-health, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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