Fundraising Fox

Progentec

Oklahoma City, US · Founded 2015 · Delaware corporation · 16 employees on LinkedIn · 1 known investors

Progentec develops diagnostic and digital health solutions for autoimmune disease detection and treatment, including biomarker tests and remote monitoring technologies for clinicians and patients. The company focuses on improving health outcomes for the 25 million Americans living with autoimmune diseases.

BiotechDigital HealthMedical Devices

Founders & leadership

MPMohan Purushothaman
Mohan PurushothamanCEO
MP
Mohan Purushothaman, Ph.D.President, Chairman, & CEO
RS
Robert SaundersNamed on SEC filing
SS
Sanjiv SharmaNamed on SEC filing

Investors · 1

Plains VenturesOklahoma City · $250K – $1M

Reported raises · per SEC filings

Form D private placements

$2.5M disclosed across 1 round · 2017

▶$2.5MraisedNov 2018 · 7 investors · Biotechnology
Rule 506(c)
Officers, directors & promoters on the filing
  • Robert SaundersDirector
  • Mohan PurushothamanExecutive Officer, Director
  • Sanjiv SharmaExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.5M
Minimum investment
$75K
Proceeds to insiders
$150K
First sale
Nov 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap
Labcorp14 shared keywordsLabcorp provides clinical laboratory testing, diagnostics, and lab data services for patients, healthcare providers, and biopharma companies, including genetic health panels, oncology testing, and self-ordered lab tests. It also offers AI-powered tools such as a results-explaining consumer app, a diagnostic assistant integrated into EHRs, and a laboratory data analytics platform to support drug development and clinical research.
Quest Diagnostics12 shared keywordsQuest Diagnostics is the world's leading provider of diagnostic information services, serving one in three adult Americans and half of US physicians and hospitals. The company offers diagnostic insights and testing services to consumers and healthcare providers to support health decision-making.
Invitae7 shared keywordsInvitae provides genetic testing services to patients and clinicians across the United States, offering broad test offerings and genetic counseling to inform health decisions at every stage of life. Now part of Labcorp, the company leverages a nationwide network of patient service centers and coverage by most health plans to make genetic testing more accessible.

Companies competing with Progentec for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$1.5M
National Institutes of Health (NIH)National Institutes of HealthPhase I2019$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Progentec Secures $5M in Series A Funding - FinSMEsfinsmes.com · Jan 2020Progentec Raises $5M in Series A Funding Led by Plains Venture Partnersprnewswire.com · Jan 2020Progentec Diagnostics Completes Second Funding Round - FinSMEsfinsmes.com · Nov 2018Progentec Diagnostics, Inc. Raises Funds to Support Advances in Lupus Detection and Managementprnewswire.com · Nov 2018

Frequently asked questions

What does Progentec do?
Progentec develops diagnostic and digital health solutions for autoimmune disease detection and treatment, including biomarker tests and remote monitoring technologies for clinicians and patients. The company focuses on improving health outcomes for the 25 million Americans living with autoimmune diseases.
Who are Progentec's investors?
Progentec's investors include Plains Ventures.
How much funding has Progentec raised?
Progentec has disclosed $2.5M raised across 1 round.
Where is Progentec headquartered?
Progentec is headquartered in Oklahoma City, US.