LunaDNA

company

About

LunaDNA provides health and dna research platform owned by its community.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$4.60M
Industries
Big Data,Biotechnology,Database,Genetics
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

Created by co-founders of the $40B DNA sequencing leader Illumina, Luna DNA incentivizes the sharing of health and DNA data for research. LunaDNA rewards people for sharing the data they already own while contributing to medical research and discovery that saves lives.

DNA sequencing data has become siloed. As personal DNA sequencing has risen in popularity, the data has become siloed as each company looks to maximize their individual profit from this data.

There is currently little incentive for consumers to contribute their DNA and health information to a third party database.

There are also multiple privacy, security, and trust issues that limit broad participation.

The solution is LunaDNA.

LunaDNA is a community owned database that rewards individuals shares in the database and rewards for contributing their health and DNA data. Shares entitle members to a share in the profits from medical research and discoveries. The proceeds flow back to the community like dividends as researchers pay to access the data for discovery.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$6.60M
LunaDNA has raised a total of $6.60M in funding over 2 rounds. Their latest funding was raised on May 8, 2019 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 8, 2019 Series Unknown $4.60M 1 Detail
May 9, 2018 Series Unknown $2M 2 Detail

Investors

Number of Lead Investors
Number of Investors
2
LunaDNA is funded by 2 investors. ARCH Venture Partners and Bridgelink Capital are the most recent investors.
Investor Name Lead Investor Funding Round
ARCH Venture Partners Series Unknown
Bridgelink Capital Series Unknown