Paratus Diagnostics logo — Advancing Diagnostic Technology

Paratus Diagnostics

Advancing Diagnostic Technology

Founded 2012 United States San Marcos, United States 3 employees Venture round Total: $8.01M Biotechnology, Health Care

General Information

Company Name Paratus Diagnostics
Founded Year 2012
Location United States San Marcos, United States
Founders / Decision Makers
Team member
Employees 3
Industries Biotechnology, Health Care
Funding Stage Venture round
Social

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About Paratus Diagnostics

Paratus Diagnostics is a biotechnology and healthcare company, founded in 2012, that is making strides in the field of molecular testing and revolutionizing point-of-care diagnostics. Operating as a high-complexity CLIA certified lab, it offers critical and time-sensitive diagnostic testing solutions to healthcare providers and patients across the United States. One of its core advantages lies in developing accurate, efficient, and patient-friendly salivary tests. In addition to its clinical lab in Central Texas, it is also developing point-of-care diagnostic devices that deliver lab-quality results with convenience and precision, bringing together diverse technologies from molecular biology to systems processing. The company received a significant $5.21M Venture Round investment on 16 November 2018, showcasing the confidence investors have in its technological advancements and business model. With its focus on improving diagnostic technology, Paratus Diagnostics is well-positioned to make a significant impact in the healthcare industry, providing quality, timely, and cost-effective solutions to meet the needs of both healthcare providers and patients.

Business keywords: Molecular Testing, Point-of-Care Diagnostics, CLIA Certified Lab, Salivary Tests, Diagnostic Devices, Microfluidics, Biochemistry, Optics, Systems Processing, Technology Incubator, Medical Technology, Sample Preparation, Clinical Laboratory

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $5.21M -
16 Nov 2018
Venture Round $2.80M -
22 Jul 2016

Paratus Diagnostics Alternatives & Competitors

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FAQ About Paratus Diagnostics

Advancing Diagnostic Technology
Paratus Diagnostics was founded in 2012.
Paratus Diagnostics is headquartered in San Marcos, United States.
Paratus Diagnostics operates in Biotechnology and Health Care. Its work centres on Molecular Testing, Point-of-Care Diagnostics, CLIA Certified Lab and Salivary Tests.
Paratus Diagnostics has approximately 3 employees.
Paratus Diagnostics has completed 2 funding rounds, raising a total of $8.01M. The latest funding stage is Venture round.
Top alternatives and competitors to Paratus Diagnostics include FRIZ Biochem GmbH, Achira Labs Pvt. Ltd., Ativa, Rivaara Labs, Molbio Diagnostics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paratus Diagnostics and FRIZ Biochem GmbH 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 Paratus Diagnostics, https://bouncewatch.com/company/paratus-diagnostics, updated 26 October 2024. When citing, please name BounceWatch and link this page.

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