Vitagene, Inc., a San Francisco, CA-based health technology supplementation company, raised $5.5m in seed funding.
The round was led by Spectrum 28 with participation from Viking Global Investors; Neil Hunt, Chief Product Officer of Netflix; Ken Goldman, SVP and Chief Financial Officer at Yahoo; and venture capitalist and entrepreneur, Yuri Milner.
The company intends to use the funds to hire people across sales and marketing and to build customized engagement programs.
Led by Mehdi Maghsoodnia, CEO, and co-founder, Vitagene provides personalized supplementation regimen for its members, which is offered through its partnering physicians. Physicians receive actionable reports generated through the company’s web-based dashboard and proprietary algorithm, which utilizes patient DNA, lab results, and lifestyle information, as well as a knowledge base of research data.
In December 2015, the company was selected by Illumina Accelerator to receive seed investment for a period of six months.