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Jun 12, 2019

Genome Medical nets $23M to grow its telegenomics service platform

Posted by in categories: biotech/medical, health

Telegenomics provider Genome Medical has raised $23 million to help scale up its “last-mile” patient counseling services for healthcare systems and individuals across the U.S.

The company also plans to expand its team of clinical genomics specialists as well as continue the development of its delivery platform. The series B round brings Genome Medical’s fundraising total up to $46 million since its 2016 founding.

The latest financing was led by Echo Health Ventures, a collaboration between Cambia Health Solutions and Mosaic Health Solutions. Other new backers included LRVHealth, Casdin Capital, Perceptive Advisors, Manatt Venture Fund and Dreamers Fund.

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