Binx Overview
- Year Founded
-
2005
- Status
-
Private
- Employees
-
106
- Latest Deal Type
-
Series F
- Latest Deal Amount
-
$82.5M
- Investors
-
19
Binx General Information
Description
Developer of a point-of-care testing platform designed to improve the well-being of communities by providing pathways to care that prioritizes clinical integrity and patient convenience. The company's platform offers rapid polymerase chain reaction (PCR)-based results as well as provides a comprehensive digital program that includes evidence-based testing, counseling, treatment, and follow-up to increase screening and reduce infections, enabling people to get accurate diagnostic reports through discreet testing.
Contact Information
Website
mybinxhealth.comCorporate Office
- 245 First Street, Riverview II
- 18th Floor
- Cambridge, MA 02142
- United States
Corporate Office
- 245 First Street, Riverview II
- 18th Floor
- Cambridge, MA 02142
- United States
Binx Timeline
Binx Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
17. Later Stage VC (Series F) | 05-Apr-2024 | $82.5M | Completed | Generating Revenue | ||
16. Secondary Transaction - Private | 26-Apr-2022 | Completed | Generating Revenue | |||
15. Later Stage VC (Series E) | 27-May-2021 | Completed | Generating Revenue | |||
14. Secondary Transaction - Private | 05-Jan-2018 | Completed | Generating Revenue | |||
13. Grant | 14-Aug-2017 | Completed | Generating Revenue | |||
12. Later Stage VC (Series D) | 23-Jan-2017 | Completed | Generating Revenue | |||
11. Grant | Completed | Generating Revenue | ||||
10. Grant | 15-Mar-2016 | Completed | Generating Revenue | |||
9. Later Stage VC (Series C) | 29-Jan-2015 | $19.6M | $57.1M | Completed | Generating Revenue | |
8. Later Stage VC (Series B) | 29-Apr-2014 | $29.3M | $37.5M | Completed | Generating Revenue |
Binx Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series F | ||||||||
Series E | ||||||||
Series E | ||||||||
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
EIS | ||||||||
EIS | ||||||||
Series B | 94,979 | $0.012698 | $126.98 | $126.98 | 1x | $126.98 | 9.15% | |
Series B | 62,704 | $0.012698 | $158.73 | $158.73 | 1x | $158.73 | 6.04% |
Binx Comparisons
Industry
Financing
Details
Binx Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Abionic | Venture Capital-Backed | Lausanne, Switzerland | ||||
ChipCare | Venture Capital-Backed | Toronto, Canada | ||||
miDiagnostics | Venture Capital-Backed | Leuven, Belgium | ||||
myLABBox | Venture Capital-Backed | Los Angeles, CA | ||||
Nanomix | Formerly VC-backed | San Leandro, CA |
Binx Patents
Binx Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230402168-A1 | Medical systems and methods | Pending | 14-Jun-2022 | ||
US-20220165423-A1 | Systems and methods for diagnostic testing | Pending | 25-Nov-2020 | ||
CA-3203143-A1 | Systems and methods for diagnostic testing | Pending | 25-Nov-2020 | ||
EP-4252244-A1 | Systems and methods for diagnostic testing | Pending | 25-Nov-2020 | ||
US-20200185071-A1 | Facilitating sexually transmitted infection services | Pending | 10-Dec-2018 | G06F21/6245 |
Binx Executive Team (23)
Name | Title | Board Seat |
---|---|---|
Jeffrey Luber JD | Chief Executive Officer and Board Member | |
Jack Crowley | Chief Financial Officer | |
Anna Dixon Ph.D | Chief Operating Officer & Chief Technology Officer | |
Michael Karsonovich | Chief Commercial Officer | |
Pia Olson | Senior Vice President of Human Resources & Board Member |
Binx Board Members (33)
Name | Representing | Role | Since |
---|---|---|---|
Alex Kramer | Binx | Vice President of Digital Product and Technology & Board Member | |
Andrew Goldman | Self | Board Member | |
David Hwang | Self | Board Member | |
Elizabeth Mora | Self | Board Member | |
Gail Marcus | Self | Board Member |
Binx Signals
Binx Investors (19)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alta Life Sciences | Venture Capital | Minority | ||
ArrowMark Partners | Asset Manager | Minority | ||
Hildred Capital Partners | Family Office | Minority | ||
OrbiMed | Growth/Expansion | Minority | ||
Parian Global Management | Hedge Fund | Minority |
Binx FAQs
-
When was Binx founded?
Binx was founded in 2005.
-
Who is the founder of Binx?
John Clarkson Ph.D and Pavel Rodyukov are the founders of Binx.
-
Who is the CEO of Binx?
Jeffrey Luber JD is the CEO of Binx.
-
Where is Binx headquartered?
Binx is headquartered in Cambridge, MA.
-
What is the size of Binx?
Binx has 106 total employees.
-
What industry is Binx in?
Binx’s primary industry is Diagnostic Equipment.
-
Is Binx a private or public company?
Binx is a Private company.
-
What is Binx’s current revenue?
The current revenue for Binx is
. -
How much funding has Binx raised over time?
Binx has raised $280M.
-
Who are Binx’s investors?
Alta Life Sciences, ArrowMark Partners, Hildred Capital Partners, OrbiMed, and Parian Global Management are 5 of 19 investors who have invested in Binx.
-
Who are Binx’s competitors?
Abionic, ChipCare, miDiagnostics, myLABBox, and Nanomix are some of the 8 competitors of Binx.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »