Investor
Special Situations' Life Sciences Innovation (LSI) Fund led the round with participation from Viking Global Investors.
The startup plans to buff up its marketing as well as offer new tests and supplements.
Genneve, which has its roots in providing personal lubricants, also offers educational materials, online assessment tools, curated support products and message boards for community engagement.
The company increased its overall year-over-year revenue by 5% in Q2.
These management devices are "no longer a minor presence relative to the various drug therapies," CEO Kevin Sayer said during the call.
The company laid off more than half of its staff since the beginning of 2019.
The company will be expanding its customer services capabilities and expanding into the employer market.
The company reported £470 million in losses and £102.8 million in technical fee services.
The latest infusion of cash was led by True Ventures and Trinity Ventures.
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