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POC Medical Systems Inc.

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Home - POC Medical Systems

Livermore, United StatesFounded 2013Biotech & Life Sciences
Valuation $50–100M Last recorded · 2017
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for POC Medical Systems Inc. and the history behind them.

About POC Medical Systems Inc.

POC Medical Systems Inc., founded in 2013 by Sanjeev Saxena, operates in the medical diagnostics market with a focus on point-of-care testing solutions. The company was established to address two primary challenges in medical diagnostics: geographic inaccessibility and cost. The firm secured significant funding, including a Series A round of $21 million in January 2017, part of a total of $22.1 million raised over two rounds, to fuel its development and growth. While headquartered in Livermore, California, the company's initial market focus was India, where traditional screening methods are not widely accessible. One source indicates the company is now considered deadpooled as of mid-2025.

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The company's core technology is the Pandora CDx™ Point-of-Care System, a microfluidic platform designed for rapid serum screening. This system functions as a portable "lab-in-a-box," using a low-cost, disposable microfluidic compact disc to conduct tests. The process is automated, using centrifugal force to separate reagents after a blood sample is introduced, with an optical system detecting and measuring the concentration of specific analytes. The platform is designed to be operated by non-medical personnel with minimal training and can process multiple patients simultaneously. Test data is stored on a mobile tablet and uploaded to the cloud, allowing remote access for healthcare professionals.

The first product launched on this platform was the MammoAlert™ test, a blood-based screening tool for breast cancer. Requiring only a few drops of blood from a finger prick, the test analyzes multiple cancer biomarkers to generate a result in approximately 30 minutes. This multiplexed immunoassay was developed to offer a more accessible and affordable pre-screening alternative to mammograms, especially in regions with limited healthcare infrastructure. The business model appears to be based on the sale of the Pandora CDx™ instruments and the disposable, single-use MammoAlert™ test discs.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Livermore, United States
Open positions
None listed
Dealroom signal
23.7/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Testing, Biotechnology, Oncology, Cardiology and cardiovascular, Patient Care, Biotech and Pharma, Hard Tech, medical testing, DT and LS
Business model
Manufacturing
Client focus
b2c
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2017 $21M $84M Bioventures Investors —
SEED✓Equity / VC Dec 2014 $1.1M $4.4M Fusion Fund —
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Growth signals

POC Medical Systems Inc. website traffic

Latest recorded traffic for POC Medical Systems Inc. is 820 monthly website visits, up 9.3% over the last three months.

Latest monthly visits820 3-month web change+9.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

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Omthera PharmaceuticalsDevelops therapies for patients with elevated triglyceride levels and increased risk of cardiovascular disease Princeton, United States Acquired 2 $92M $136M
NuvOx PharmaNuvOx Pharma is a biotechnology company based in Tucson, Arizona that is developing a first-in-class oxygen therapeutic to treat life-threatening diseases where hypoxia plays a role Tucson, United States Operational
EmboMedicsEmboMedics, Inc develops and commercializes resorbable and drug loaded embolization devices for the treatment of multiple indicationsThe Golden Valley, United States Operational
RemotemedicalMedical and rescue services company specializing in remote and austere environments. It provides equipment, training and onsite medical care for patients who are too far away from the nearest hospital. Seattle, United States Operational
DiaCartaImproving patient care through novel precision molecular diagnostics: CE/IVD marked tests are available for detection of KRAS Hayward, United States Operational
TARGETED DIAGNOSTICS & THERAPEUTICSTDT has established procedures to conduct our diagnostic tests on tissue and blood samples supplied from doctors and hospitals West Chester, United States Operational
MedGenome LabsA genomics-driven research and diagnostics company with a mission to improve global health by decoding the genetic information contained in an individual’s genome Foster City, United States Operational
AdmeraAdmera Health | A Molecular Diagnostics Company South Plainfield, United States Operational
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Fusion Fund

Series A1 investor entered at this stage

  • Bioventures Investors
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Livermore HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about POC Medical Systems Inc. on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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