Getlabs

Getlabs

About Getlabs

Simplify's Rating
Why Getlabs is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consulting

Healthcare

Company Size

51-200

Company Stage

Series A

Total Funding

$24M

Headquarters

Miami, Florida

Founded

2018

Overview

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Simplify's Take

What believers are saying

  • Getlabs raised $20M in Series A funding for expansion.
  • Partnerships with genomic companies like Inocras enhance personalized medicine offerings.
  • Growing demand for at-home testing kits aligns with Getlabs' services.

What critics are saying

  • Increased competition from companies like Everlywell may impact Getlabs' market share.
  • Rapid telehealth advancements require continuous investment to stay competitive.
  • Potential data privacy concerns with handling sensitive patient information.

What makes Getlabs unique

  • Getlabs offers at-home diagnostic collections, enhancing convenience for patients.
  • Partnership with Inocras integrates whole genome sequencing with at-home sample collection.
  • Getlabs' one-tap API simplifies integration for healthcare organizations.

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Funding

Total Funding

$24M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Getlabs
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-4%
PR Newswire
Apr 24th, 2024
Getlabs And Inocras Partner To Create A Seamless Patient Experience For Cancer And Rare Disease Testing

MIAMI, April, 24, 2024 /PRNewswire/ -- Getlabs , the nationwide leader in at-home diagnostics collection, has joined forces with Inocras , a leading AI-driven whole genome testing company that empowers patients with critical genetic insights for cancer and rare diseases.Getlabs' mission is to save lives by delivering outstanding healthcare to everyone. The company has redesigned the lab experience around patients, allowing them to book lab sample collections conveniently and comfortably from their homes, creating greater accessibility and convenience in their care process.Inocras provides whole genome sequencing tests, which deliver patients deep insights into their cancer and rare disease by providing comprehensive and detailed analyses of an individual's genetic composition. The company's innovative digital service platform offers patients a seamless end-to-end experience, allowing them to request a test order, book at-home sample collections with the help of the Getlabs partnership, and receive test results with genetic counseling support.By embedding Getlabs' at-home lab collection services within Inocras's intuitive end-to-end patient testing process, this partnership promises a unique and enhanced experience for patients, who will benefit from its convenience and efficiency."We are thrilled to embark on this partnership with Inocras," said Kyle Michelson, CEO of Getlabs. "Together, we are empowering patients to take control of their health journey by providing them with access to lab collection services without having to travel to or sit in a waiting room."Inocras Chief Strategy Officer, Rebecca Jang, remarks, "We are thrilled to launch our whole genome diagnostics products, CancerVision and RareVision. They will provide a more holistic view on patients' disease and health, presenting not only commonly known mutations but also ultra rare and complicated mutations. Patients can get cutting-edge diagnostics through our patient-centric digital service platform

PR Newswire
Jun 1st, 2023
Getlabs and Fountain TRT Simplify Hormone Testing and Treatment with At-Home Diagnostic Collections

Getlabs, the largest nationwide provider for at-home diagnostic collections, has partnered with Fountain TRT, a leading provider of testosterone replacement therapy (TRT) for men, to offer convenient at-home hormone testing and treatment.

PR Newswire
May 2nd, 2023
Getlabs And Nice Healthcare Partner To Expand Access To Virtual Healthcare Services And At-Home Lab Testing

In-home diagnostics leader Getlabs and in-home primary care clinic Nice Healthcare join forces to make healthcare more accessible.MIAMI, May 2, 2023 /PRNewswire/ -- Getlabs, the leading provider of at-home diagnostic collections, has partnered with Nice Healthcare , an in-home and virtual primary care clinic, to expand access to in-home healthcare services and lab testing. The partnership is expected to help improve access to these services, making it easier and more convenient for people to get the care they need.Getlabs has been at the forefront of at-home diagnostics, offering patients access to over 5,000 lab tests from the comfort of their homes and offices. With this partnership, Nice Healthcare patients can benefit from a more convenient and comprehensive suite of diagnostic tests."At Getlabs, our mission is to save lives by delivering outstanding healthcare to everyone," said Kyle Michelson, CEO of Getlabs. "We're excited to partner with Nice Healthcare to expand access to virtual healthcare services and at-home diagnostics. We believe that together, we can provide patients with an unparalleled level of convenience, quality, and affordability.""Nice Healthcare is excited to partner with Getlabs to expand our in-home healthcare services and broaden access to lab testing services," said Genvieve Swenson, FNP-C, Cofounder and COO of Nice Healthcare. "We believe that Getlabs' vast network of at-home lab testing services and our in-home and virtual primary care clinic will provide patients with a more personalized and cost-effective healthcare experience

Arizona PBS
Mar 7th, 2022
Sonora Quest Laboratories partnered with Getlabs on Feb 7th 22'.

Additionally, Sonora Quest Laboratories recently partnered with Getlabs to provide at-home blood tests, as well as in-car tests to reduce patient’s exposure to COVID.

ExploreBit
Feb 4th, 2022
Biosynthetic Technologies receives financing of $7.5M in Series A-1 funding

Biosynthetic Technologies, an Indianapolis IN-based biotechnology company, raised USD 7.5M in Series A-1 funding.

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