Fluxergy

Portable diagnostic platform for rapid testing

Irvine, California, United States

About Fluxergy

Fluxergy offers rapid and accurate laboratory testing solutions through a portable diagnostic platform that can perform multiple tests on-site, which is crucial for Point of Care (PoC) settings. The platform serves various sectors, including healthcare, veterinary medicine, and food safety, with specialized applications for each. Revenue is generated by selling diagnostic devices and test kits directly to clients, and the company is expanding its manufacturing capabilities to meet growing demand. Fluxergy aims to set new standards in laboratory testing by continuously improving its technology.

Irvine, CaliforniaHeadquarters
2011Year Founded
$48.2MTotal Funding
SERIES_CCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays

Risks

Emerging biotech startups increase competition in point-of-care diagnostics.
Regulatory scrutiny may delay product approvals for Fluxergy.
Supply chain issues could impact production of diagnostic devices.

Differentiation

Fluxergy offers a portable platform for rapid, on-site diagnostic testing.
The company serves diverse sectors, including healthcare, veterinary, and food safety.
Fluxergy's COVID-19 testing platform delivers results in under one hour.

Upsides

Growing demand for point-of-care testing boosts Fluxergy's market potential.
Veterinary diagnostics market growth offers opportunities for Fluxergy's products.
Collaborations with institutions enhance Fluxergy's technology validation and reach.

Funding

Total raised$48.15 M
Latest valuation$150.00 M
StageSERIES_C
SERIES C
4/30/2020
$30
$150.00 M
SERIES B
9/30/2017
$15
$75.00 M
SEED
3/31/2015
$4
$22.50 M