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Kenota Health: Develops next-generation medical diagnostic tools for point-of-care allergy testing, providing rapid AI-enabled results for diagnosis.
Kenota Health has raised $9.0M across 1 funding round.
Key people at Kenota Health.
Kenota Health was founded in 2014 by Moufeed Kaddoura (Founder/CEO).
Kenota Health has raised $9.0M in total across 1 funding round.
Kenota Health, based in Kitchener, ON, Canada, develops next-generation medical diagnostic tools, focusing on AI-enabled point-of-care allergy testing. Their system is designed to provide safe, simple, and certain rapid results in under 30 minutes, facilitating the diagnosis and treatment of allergic sensitizations during a single clinic visit. The company has secured $11 million in total funding, comprising a $2 million seed round and a $9 million Series A, and maintains a team of 35 employees. Key investors in Kenota Health include Draper Associates, Y Combinator (from its Summer 2016 batch), and Fifty Years. The organization, initially known as ExVivo Labs, was established in 2014 by Moufeed Kaddoura and Eric Blondeel. Its business model centers on raises venture funding to develop and commercialize medical devices.
Key people at Kenota Health.
Kenota Health is a medical technology company based in Waterloo/Kitchener, Ontario, Canada, specializing in rapid point-of-care diagnostic tools for allergy testing.[1][2][3] Their flagship product, the Kenota 1 System, enables in-clinic allergy sensitization testing using a small blood sample (4.5 microliters per test), delivering results in under 30 minutes without external labs, including Total IgE quantification.[2][3] It serves allergists, immunologists, clinics, and hospitals in the U.S. and Canada, solving the problem of slow, lab-dependent testing that delays diagnosis and treatment during single patient visits.[1][2][3] The company, formerly ExVivo Labs, has a team of ~35 scientists, engineers, and operators with regulatory experience (FDA, Health Canada, EU), and recently achieved FDA 510(k) clearance and CLIA waiver in June 2024, marking strong growth momentum after raising $11M in 2020 funding.[3][4]
Kenota Health was founded in 2014 as ExVivo Labs by Moufeed Kaddoura, who serves as CEO, alongside a team of allergists, scientists, engineers, and business experts experienced in commercializing dozens of diagnostic tests globally.[1][3][4] The idea emerged from addressing inefficiencies in allergy diagnostics, where traditional methods require lab processing and multiple visits; Kaddoura highlighted this as solving "the world’s most pressing health issues" after five years of development.[3] Early traction included a $2M seed round, followed by a $9M Series A in December 2020 led by Draper Associates (total $11M), fueling point-of-care advancements.[4][5] Pivotal moments: FDA Dual 510(k)/CLIA submission acceptance in July 2023 and full clearance/waiver in June 2024 for the Kenota 1 Total IgE test.[2][3]
Kenota rides the point-of-care diagnostics trend, accelerated by post-COVID demand for rapid, decentralized testing amid clinician shortages and patient convenience needs.[1][3] Timing is ideal as allergy testing—a $5B+ market—shifts from centralized labs to in-office tools, driven by telemedicine growth and value-based care favoring single-visit efficiency.[2] Favorable forces include regulatory tailwinds (e.g., FDA CLIA waivers for accessibility) and investor interest in medtech (e.g., Draper Associates backing).[4][5] Kenota influences the ecosystem by pioneering IgE waivers, potentially expanding to infectious diseases, challenging incumbents and enabling more actionable allergy care in primary settings.[1][3]
Kenota's FDA milestone positions it for U.S. commercialization, with likely expansion of the Kenota 1 menu to more allergens and adjacent tests like infectious diseases.[1][3] Trends like AI-enhanced diagnostics and global decentralization will shape growth, amplifying their data-driven mission amid rising allergies/chronic conditions. Their influence may evolve from niche allergy innovator to broader POC leader, scaling via partnerships and further funding—watch for multi-allergen panels and international rollouts to sustain momentum from this transformative entry.[2][3]
Kenota Health was founded in 2014 by Moufeed Kaddoura (Founder/CEO).
Kenota Health has raised $9.0M in total across 1 funding round.
Kenota Health's investors include Tim Draper, Draper Associates, Collin Terpstra, 1517 Fund, BDC Capital, BoxOne Ventures, Fifty Years, OS Fund, Y Combinator.
Kenota Health has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in December 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2020 | $9.0M Series A | Tim Draper | Draper Associates, Collin Terpstra, 1517 Fund, BDC Capital, BoxOne Ventures, Fifty Years, OS Fund, Y Combinator |