How Much Did RxGenomix Raise?
Funding & Key Investors

RxGenomix, a company specializing in personalized healthcare solutions, has recently secured a major strategic investment, contributing to its total funding of $318K. The specifics of this latest capital infusion, amounting to $168K, were finalized on March 25, 2021, following a prior debt financing round in April 2020. This significant backing underscores the company's progress in leveraging genetic data for optimized medication strategies.

What is RxGenomix?

RxGenomix
Business ServicesResearch & DevelopmentHealthcare Services

RxGenomix is at the forefront of personalized medicine, offering its ExactMeds pharmacogenomic service. This innovative platform provides tailored medication recommendations by analyzing an individual's unique genetic makeup. The company caters to a broad spectrum of clients, including individuals managing chronic conditions, healthcare providers seeking to improve patient treatment efficacy, and employers aiming to enhance workforce health and reduce healthcare expenditures. RxGenomix's comprehensive suite of services encompasses individual genetic testing, population-level analytics, seamless integration into clinical practices, and robust enterprise solutions designed to refine medication prescribing protocols. By harnessing advanced genetic insights, RxGenomix is dedicated to minimizing adverse drug reactions and elevating the overall efficiency of healthcare delivery.

How much funding has RxGenomix raised?

RxGenomix has raised a total of $318K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$168K

Debt (2020): $150K with participation from PPP

Debt (2021): $168K led by PPP

What's next for RxGenomix?

With its recent major strategic investment, RxGenomix is well-positioned for significant expansion and further development of its personalized healthcare technologies. The substantial capital infusion, totaling $318K, indicates a late-stage growth phase, likely enabling the company to scale its operations, enhance its ExactMeds platform, and broaden its market reach. Future strategic initiatives may involve forging new partnerships within the healthcare ecosystem, expanding its service offerings to address a wider range of therapeutic areas, and investing in further research and development to solidify its leadership in pharmacogenomics. This latest backing signals strong investor confidence in RxGenomix's mission to revolutionize medication management through genetic insights.

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Frequently Asked Questions Regarding RxGenomix Financial Insights

What are the most recent funding rounds that RxGenomix has completed, and what were the funding rounds?
RxGenomix has recently completed 2 funding rounds: Debt on Mar 25, 2021, Debt on Apr 29, 2020.
What is the total amount of funding RxGenomix has raised to date?
RxGenomix has raised a total of $318K in funding to date.
How many funding rounds has RxGenomix completed?
RxGenomix has completed 2 funding rounds.
How much funding did RxGenomix raise in its most recent funding round?
RxGenomix raised $168K in its most recent funding round.
Who are the lead investors in RxGenomix's latest funding round?
The lead investor in RxGenomix'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 RxGenomix's history?
The largest funding round in RxGenomix's history was $168K.
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