PetDx, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

PetDx, Inc. - overview

Established

2019

Location

La Jolla, CA, US

Primary Industry

Healthcare Specialists

About

Founded in 2019 and based in California, US, PetDx, Inc. operates as a molecular diagnostics company that offers early cancer detection services for dogs. The company was founded by its CEO Daniel Grosu. In December 2021, PetDx, Inc.


raised USD 62 million in series B funding led by new investor Longview Asset Management, with participation from other new investors Aperture Venture Partners, and Declaration Partners. As of 2021, the company has a laboratory at the University of California San Diego's Science Research Park's Center for Novel Therapeutics, and its services are available in veterinary clinics across the United States. PetDx offers OncoK9®, a multi-cancer early detection test that employs liquid biopsy technology and genomic analysis to help veterinarians detect cancers in dogs with a simple blood draw. OncoK9® works by allowing veterinarians to submit a blood sample of a dog to the company's laboratory, where a centrifuge is used to separate and extract cell-free DNA from the blood plasma.


The laboratory then uses next-generation sequencing (NGS) technology and proprietary bioinformatics algorithms to find cancer-related genetic changes in the cells and transmits the results to the veterinarian. PetDx plans to use the December funding to broaden the adoption of OncoK9 directly through its own commercial platform as well as through strategic distribution partnerships and to expand testing throughput at its central laboratory in San Diego.


Current Investors

Tech Coast Angels, Friedman Bioventures, PetCo Gmbh

Primary Industry

Healthcare Specialists

Sub Industries

Oncology/Cancer Treatment, Diagnostic Equipment

Website

www.petdx.com

Verticals

HealthTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.