Informed investment: Niche tech company 'moves up the food chain'

Big-money private equity firms have come calling for InformedDNA, which decodes genetics tests.


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  • | 6:00 a.m. January 31, 2020
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InformedDNA CEO David Nixon has overseen the firm's progression from venture capital to private equity funding. Courtesy photo.
InformedDNA CEO David Nixon has overseen the firm's progression from venture capital to private equity funding. Courtesy photo.
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Investors continue to throw support to InformedDNA, a St. Petersburg tech firm that provides genetic test analysis services to health insurers.

As previously reported, the company has attracted $24 million in funding since it was launched in 2007. A key point came in 2013 when it changed its target market from individual end users to insurance companies, which face rising demand for services related to precision medicine, which tailors treatment plans based on a person’s unique gene code.

 

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