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Petdx Raises $62 Million In Series B Financing To Scale Adoption Of Its Canine Multi-Cancer Early Detection Blood Test, Oncok9

PRIVATEDec 09, 2021

Amount Raised

$62 Million

Round Type

Series B

La JollaBiotechnologyHealthcareFinancial ServicesCommunity And LifestyleHealth Care

Description

PetDx® today announced the completion of its Series B financing with over $62 million in new capital raised, which is one of the biggest Series B rounds for a pet startup; bringing the company's total funding to date to $72 million. The financing was led by Longview Asset Management with participation by Declaration Partners, Torch Capital, Aperture Venture Partners, Valor Equity Partners, Friedman Bioventure, K4 Family Investments, and Labcorp (NYSE:LH). The company's $10M Series A financing in August 2020 was led by Friedman Bioventure with participation from Petco (Nasdaq:WOOF) and an undisclosed leading pet healthcare company.

Quick answer

PetDx, Inc. raised $62 Million in a Series B round, dated December 9, 2021. PetDx, Inc. is based in La Jolla, California, United States.

How much did PetDx, Inc. raise?
PetDx, Inc. raised $62 Million in a Series B round on December 9, 2021.
What does PetDx, Inc. do?
PetDx® – The Liquid Biopsy Company for Pets is a San Diego-based molecular diagnostics company dedicated to unleashing the power of genomics to improve pet health.
Where is PetDx, Inc. based and how big is it?
PetDx, Inc. is based in La Jolla, California, United States.

Source: Fundz verified event record.

Who else raised in Healthcare and Financial Services around the same time

Companies in the same sectors as PetDx, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Route 92 Medical raised $111M (Series E) on December 14, 2021.
  • Enliven Therapeutics raised an undisclosed amount (Funding Round) on January 19, 2022.
  • Redcliffe Labs raised $47M on January 10, 2022.
  • JenaValve raised $100M on January 4, 2022.
  • SCA Health raised an undisclosed amount on January 4, 2022.
  • Tessera Defense & Homeland Security Inc. raised $3M (Seed) on January 4, 2022.

Who to call at PetDx, Inc., and when

A new round usually means PetDx, Inc. is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PetDx, Inc.

Location

9310 ATHENA CIRCLE

La Jolla, California, United States

About

PetDx® – The Liquid Biopsy Company for Pets is a San Diego-based molecular diagnostics company dedicated to unleashing the power of genomics to improve pet health. The company's flagship product, OncoK9®, enables veterinarians to detect cancer in dogs with a simple blood draw. As a first-in-class multi-cancer early detection (MCED) test, OncoK9 employs cutting-edge genomic analysis that leverages next-generation sequencing (NGS) technology and proprietary bioinformatics algorithms, empowering veterinarians to provide superior care to canine patients. To learn more, visit www.petdx.com.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

PetDx, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.