Getlabs raises $20 million
Getlabs, which offers at-home lab appointments, has closed a $20 million Series A round led by Emerson Collective and the Minderoo Foundation. Additional investors participating in the round include Tusk Venture Partners, Labcorp, Healthworx, Byers Capital, Anne Wojcicki (co-founder and CEO of 23andMe), Susan Wojcicki (CEO of YouTube), Eric Kinariwala (founder and CEO of Capsule), and Mattieu Gamache-Asselin (founder of Alto Pharmacy).
Founded in 2018, the startup is in the space of Sprinter Health, dispatching phlebotomists to a person’s home for blood tests. At-home lab appointments are performed by Getlabs’ phlebotomists and there’s a convenience fee that starts at $25. The startup handles the insurance aspect, providing the relevant insurance information to the laboratory and once the blood samples are in, they are sent to Labcorp, Quest Diagnostics, and Sonora Quest for testing.
Getlabs also has an API for healthcare organizations that allows them to embed the service on their platforms.
“To truly innovate in healthcare, it’s critical to expand access to convenient and high-quality diagnostic testing. Rather than treating patients when they show signs of being unwell, the healthcare ecosystem has a shared responsibility to make it easier for patients to stay healthy in the first place. I am thrilled to be supporting Getlabs towards their mission of creating the infrastructure for healthcare organizations to deliver better care to patients when and where they need it most – at home.” – Anne Wojcicki, Co-Founder and CEO of 23andMe.
“We initially started Getlabs to expand patient access to diagnostic testing by delivering lab appointments in the convenience of their homes. Now, with the release of our API, we are making it even easier for doctors to collect diagnostic tests that provide vital information for their patients, thereby extending the reach of their practice to any location that we’re in. We see a future where both existing healthcare organizations and the next generation of telehealth services build on top of Getlabs’ infrastructure to make informed medical decisions and deliver better care, remotely. Imagine a world where patients in healthcare deserts could see the top specialists across the country virtually.” – Kyle Michelson, Founder and CEO of Getlabs.
“Diagnostics will be essential for telehealth to expand to more complex conditions. Getlabs, especially with the API launch, enables telehealth services to offer a seamless way for patients to get lab work done, improving both the patient experience and health outcomes.” – Demetri Karagas, CEO of Thirty Madison.
“Through the pandemic, we’ve seen remote-first care begin to transform our health system. Patients should be able to get care where they want—at home, at work, wherever. Getlabs is delivering a fundamental service for the future of healthcare to almost half the country, and they’re doing it with the highest quality in the industry.” – Matt Bettonville, managing partner at Emerson Collective.