New Funding and Leadership Supports Operational and Commercial Scaling
SAN DIEGO, May 18, 2021 /PRNewswire/ — LunaPBC, manager of LunaDNA, a health data platform uniting people, communities, and researchers, has experienced rapid growth in adoption, as the demand from communities, researchers, and regulators for direct accounting and engagement of individual’s health and lived experience increases. The Company announces new executive leadership and funding to scale its platform and services.
The Company is excited to announce that Mr. Joe Beery has been named Chief Executive Officer of LunaPBC, Inc. effective today. Beery joins President and Co-founder, Dawn Barry, to lead the Company. Bob Kain, LunaPBC’s Co-founder who has served as Chief Executive Officer since Company formation in 2017, will remain active with the Company in the role of Executive Chairman of the Board.
“I am grateful to have had the role of CEO in building this Company,” said Bob Kain. “We have created a novel business model that enables our mission to provide a shared platform for patients, communities, and researchers looking for answers to improve clinical outcomes and quality of life. I am excited to move into a new role within the Company and support Joe in his transition to CEO.”
Beery brings industry-leading experience in operational and commercial scaling of innovative information technology systems, having served as the Chief Information Officer for four multibillion-dollar enterprises – America West Airlines, US Airways, Life Technologies, and Thermo Fisher Scientific. As CEO, Beery will draw on his expertise in strategic technology operations, digital and business transformations, cybersecurity, global M&A integrations, and disruptive innovation to grow the Company and scale LunaDNA technology.
“Joe has been a force in the development of scale in many industries, including at the vanguard in digitalization of the life and health sciences industries,” said Dr. Scott Kahn, LunaPBC’s Chief Information and Privacy Officer. “His deep understanding of digital transformation, scientific research, and therapy development make him an ideal choice to guide the growth of Luna as we continue to empower patients as partners in health science and keep them connected with ongoing research over time.”
With participation from more than 180 countries and communities advancing causes including disease-specific, public health, environmental, and emerging interests, LunaDNA technology empowers these collectives to gather a wide range of data – health records, lived-experience, disease history, genomics, and more. LunaDNA technology gives academia and industry everything they need from engagement with study participants to data analysis in compliance with HIPAA, GDPR, and CCPA and across multiple modalities using a common data model. By providing privacy-protected individuals a way to continually engage, LunaDNA technology transforms the traditional patient-disconnected database into a dynamic, longitudinal discovery environment where researchers, industry, and community leaders can leverage a range of tools to surface insights and trends, study disease natural history and biomarkers, and enroll in clinical studies and trials.
“In addition to Joe’s outstanding business experience, he brings a deeply personal and relevant life experience having had twin children born with a rare genetic disorder that was ultimately diagnosed and treated as a result of their family’s extraordinary activism for their kids,” said Dawn Barry, LunaPBC’s President. “Joe is also a champion for diversity and inclusion, drawing from his Hispanic heritage.”
Beery’s appointment coincides with the close of new funding. Key investors in this round include returning investors, ARCH Venture Partners, F-Prime Capital, and Osage University Partners. John Tishler and Jason Jones of Sheppard Mullin Richter & Hampton LLP acted as legal counsel for LunaPBC in the financing. The funds will be used to accelerate our goal of digitally transforming health research and include expanding the software engineering and marketing teams, increasing community onboarding-to-discovery velocity, augmenting analysis and discovery tools, and enhancing user experience to optimize participant’s ability to share more health data and outcomes thus further enhancing the discovery potential.
“I am honored to be part of this exciting Company and team. Luna is at the forefront of efforts to digitally integrate individuals, communities, industry, and research,” said Joe Beery. “Luna’s platform and services are ready to scale and drive significant value to all of our customers. From both a personal and professional perspective, I see the alignment in both technology and services that Luna provides as key in accelerating the realization of discovery and patient outcomes. We are in a wonderful position to leverage and scale the unique capabilities built by the Company founders.”
Luna’s suite of tools and services connects communities with researchers to accelerate health discoveries. With participation from more than 180 countries and communities advancing causes including disease-specific, public health, environmental, and emerging interests, Luna empowers these collectives to gather a wide range of data — health records, lived experience, disease history, genomics, and more – for research.
Luna gives academia and industry everything they need from engagement with study participants to data analysis across multiple modalities using a common data model. The platform is compliant with clinical regulatory requirements and international consumer data privacy laws.
By providing privacy-protected individuals a way to continually engage, Luna transforms the traditional patient-disconnected database into a dynamic, longitudinal discovery environment where researchers, industry, and community leaders can leverage a range of tools to surface insights and trends, study disease natural history and biomarkers, and enroll in clinical studies and trials.