Nearly a year after a California biotech company moved its headquarters to Cobb County, the firm has raised more than $14 million in a funding round.
BioIQ raised about $14 million in equity from 12 investors, according to a filing with the SEC. Atlanta Inno has reached out to representatives at BioIQ to learn the primary use of the funding.
BioIQ utilizes data analytics to simplify health testing and immunization programs for health plans, employers and government agencies, according to a news release. Notable customers include Walmart and Sam’s Club. The company’s platform configures and connects partner solutions, including national laboratories, diagnostics companies, digital health solution and more.
The company opened an Atlanta office in 2015. Then, in mid-January, it announced it would open its headquarters in Cobb Country with a $5 million investment, adding 500 jobs.
Last year, the company secured $26.5 million in venture funding, along with a growing solution portfolio and base of clients.
BioIQ works with more than 35 leading health plans, representing about 70% of insured lives in the U.S. BioIQ partners with more than 16,000 locations at retail pharmacies and lab testing centers throughout the nation.
