Instalab Analysis: $500K Raised
What is Instalab?
Instalab is a preventive health platform that sells direct-to-consumer testing without a physician referral. It combines lab panels, imaging, and specialty screenings with physician review, personalized action plans, and concierge support. The company says more than 50,000 patients, athletes, executives, and everyday individuals have used its services.
Location
169 Madison Ave, New York, New York 10016, US
Employees
11-50
Founded
2022
Investors
- Y Combinator
- Liquid 2 Ventures
Pricing
- Starting at $42/month for proactive testing and treatments.
- Comprehensive blood test measuring 60+ biomarkers for $299.
How much Instalab raised
Pre-Seed - $500,000
March 26, 2022Lead Investor: Y Combinator, Liquid 2 Ventures
Who are the founders of Instalab
AC
Adora Cheung
Founder
AC
Alex Cheung
Founder
Market Focus
Instalab primarily focuses on the healthcare industry, specifically in connecting individuals with doctors, scheduling tests, interpreting results, and maximizing insurance benefits for health optimization.
Competitors Overview
Instalab's main competitors in the healthcare market include:
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Sprinter Health: Focuses on providing at-home healthcare services, including medical testing and consultations. Their advantage lies in their convenience and accessibility, allowing patients to receive care in the comfort of their homes.
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Getlabs: A leader in at-home diagnostics, Getlabs offers a wide range of medical testing services delivered at home. Their partnership with Instalab enhances their service offerings, emphasizing proactive healthcare and personalized treatment plans.
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TravaLab: Specializes in personalized health optimization and testing, similar to Instalab. Their focus on tailored health solutions gives them a competitive edge in the personalized medicine space.
These competitors share a focus on convenience and personalized healthcare, but Instalab differentiates itself through its comprehensive approach to health optimization and its strategic partnerships.
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