Futura Genetics
Genomic Data Platform for the Life Insurance Industry
Company Overview
Snapshot
Founded in January 2018 by Efi Binder and Ram Warsha, Futura Genetics operates with 1–10 employees. The company has secured funding across one round from two investors, GoAhead Ventures and Avishag Bohbot. In February 2022, Futura Genetics launched a disruptive genetic-based platform to provide medical guidance for life insurance clients.
Business overview
Futura Genetics is a digital health platform leveraging genomic data for the life insurance industry. The company provides life insurers with personalized tools aimed at extending customer life expectancies, thereby enhancing retention and reducing claims. For clients, it offers a gamified experience that uses personal DNA to encourage proactive health management. Futura Genetics operates within the Health Tech & Life Sciences sector, with a focus on Digital Healthcare, Clinical Workflow, Fintech, and Insurtech, serving insurance companies and patients across global markets including Asia, Americas, Europe, and North America.
Strategic signal
In February 2022, Futura Genetics launched a disruptive genetic-based platform designed to offer medical guidance to life insurance clients. This development signals a strategic focus on preventive medicine and personalized health, indicating the company's commitment to integrating advanced genomic insights into insurance offerings to potentially reduce long-term claims and increase customer engagement through proactive health management.
Log in to access full profile ›Company Intelligence Q&A
- What is Futura Genetics' core offering?
- Futura Genetics provides a digital health platform powered by genomic data, specifically designed for life insurance issuers and their clients to extend life expectancies and promote proactive health management.
- When was Futura Genetics founded and by whom?
- Futura Genetics was founded in January 2018 by Efi Binder and Ram Warsha.
- What significant platform launch did Futura Genetics undertake?
- In February 2022, Futura Genetics launched a disruptive genetic-based platform to provide medical guidance for life insurance clients, focusing on wellness and preventive medicine.
- Which organizations does Futura Genetics partner with?
- Futura Genetics partners with several American insurance companies, Hadassah Ein Kerem Hospital, and DNA-sequencing giant Illumina.