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Dynamic Code
Dynamic Code develops simple & secure staycation for example, lactose intolerance and STDs. The tests based on DNA & protein engineering & sold through dynamichealthcare.se
About Dynamic Code
Dynamic Code operates as a health-tech entity providing diagnostic and health testing solutions directly to consumers and healthcare providers. The company's inception traces back to the 1990s and an idea by founder Anne Kihlgren, a biochemist who, during her tenure at a state forensic laboratory, recognized the broader potential of DNA technology beyond criminal investigations. She established Dynamic Code in 2000, initially focusing on paternity and kinship analysis before expanding into a wider array of health tests. The business model is centered around an integrated digital platform that connects customers, laboratories, and healthcare providers. Customers order self-sampling kits online, perform the test at home, and send the sample to Dynamic Code's own quality-controlled laboratory for analysis. Results are delivered securely via a digital code within days, and if necessary, patients can be connected with digital healthcare providers for follow-up care and treatment.
Read full description
The company's offerings are primarily based on DNA technology and cover areas such as women's health, digestive health, infections, and lifestyle-related tests. Examples include diagnostics for gluten and lactose intolerance, sexually transmitted diseases, and bacterial vaginosis. This approach aims to streamline the diagnostic process, reduce waiting times, and alleviate burdens on the traditional healthcare system. The company experienced a significant surge in activity during the COVID-19 pandemic, developing a self-test for the virus and becoming a key testing partner for the Public Health Agency of Sweden, which led to a substantial increase in turnover. In September 2023, the company acquired FindOut Diagnostic to further enhance its capabilities.
Revenue is generated from the sale of these testing kits. Following a revenue spike during the pandemic, the company's turnover has since normalized. For the trailing twelve months as of December 31, 2023, the company reported revenues of approximately $2.57 million. The founder, Anne Kihlgren, has received multiple awards for her entrepreneurship, including being named Sweden's most important female founder in 2020 by DI Digital. Keywords: health-tech, DNA diagnostics, self-sampling kits, home health testing, digital health platform, diagnostic solutions, molecular biology, forensic science application, telemedicine, direct-to-consumer healthcare, Anne Kihlgren, remote diagnostics, genetic testing, healthcare services, Linköping, paternity testing, women's health tests, preventative healthcare, lab analysis, medical diagnostics
At a glance
- Status
- Operational
- Founded
- 2000
- Headquarters
- Linköpings kommun, Sweden
- Employees
- 23
- Open positions
- None listed
- Dealroom signal
- 56.9/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Testing, Biotechnology, DNA, Genetics and genomics, Genome Engineering, Nordic Rising Star 2022, Hard Tech, Woman Founder, medical testing, proteomics
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 1 company, latest Sep 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Dynamic Code.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Feb 2020 | $6.2M | $200M | BackingMinds · Thord Wilkne | — |
| EARLY VC✓Equity / VC | Nov 2018 | $3.6M | $15M | BackingMinds | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Dynamic Code is 11K monthly website visits, up 134% over the last three months. Dynamic Code's team declined 11.5% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Pepins
BackingMinds
Thord Wilkne
Other known investors1 additional known investor
Vinnova
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dynamic Code on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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