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- Geneseeq
Geneseeq Funding, Investors & Competitors
Geneseeq has raised $135M across 4 funding rounds, most recently a $114M Series D in December 2019.
Last Geneseeq funding round
$114M
Series D · Dec 2019
Cumulative funding Geneseeq raised
$135M
across 4 funding rounds
Key investors in Geneseeq
Beijing Beilu Pharmaceutical
Lilly Asia Ventures
SBCVC
China Reform Holdings Corporation
DNV capital
D.Z Capital
Eastern Investment
About Geneseeq
Geneseeq is a precision medicine company founded in 2008 that leads in next-generation sequencing for oncology. Its laboratories hold accreditations from China’s National Center of Clinical Laboratories External Quality Assessment, College of American Pathologists Proficiency Testing, and European Molecular Genetics Quality Network Proficiency Testing, plus qualifications for medical and PCR labs. Geneseeq translates genetic sequencing into clinical applications.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Geneseeq Funding History
Geneseeq has raised a total of $135M across 4 funding rounds.
Geneseeq's first fundraising round was a $5M Series A in August 2014. The most recent completed round was a $114M Series D in December 2019.
Geneseeq funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2019 | Series D | China Reform Holdings Corporation; SBCVC; Lilly Asia Ventures | $114M | Geneseeq, a Nanjing-Toronto based company, completed a $114 million Series D financing on December 27, 2019, led by China Reform Holdings Corporation, with participation from Lilly Asia Ventures and SoftBank China Venture Capital (SBCVC). This round follows three previous fundings totaling $86 million raised by the company. Geneseeq specializes in next-generation sequencing (NGS) for cancer genetic testing, providing decision-making tools for physicians through its pan-genomic tests. The Geneseeq Prime test analyzes genetic abnormalities in 425 cancer-related genes, supporting precision medicine applications including targeted drugs, immunotherapies, and cancer risk assessment. Geneseeq operates as a precision oncology platform bridging genomic insights to clinical applications for cancer treatment. |
| Feb 2017 | Series B | DNV capital (lead) | $7M | - |
| Jun 2016 | Series B | D.Z Capital; Eastern Investment; Beijing Beilu Pharmaceutical | $9M | - |
| Aug 2014 | Series A | Beijing Beilu Pharmaceutical (lead) | $5M | - |
Who has invested in Geneseeq?
7 investors have backed Geneseeq across its funding rounds, including Beijing Beilu Pharmaceutical, Lilly Asia Ventures, SBCVC, China Reform Holdings Corporation, DNV capital and D.Z Capital.
Lead investors include DNV capital and Beijing Beilu Pharmaceutical.
Geneseeq Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Aug 2014 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Lead | Feb 2017 | ||
| 1 | Participant | Dec 2019 | ||
This data is available for Pro users. Sign up to see all 7 Geneseeq investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGeneseeq Competitors
Geneseeq competitors include listed companies like Illumina, 10x Genomics and Personalis, and private ones like Mammoth Biosciences, Inscripta and Character Biosciences.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.3B | $1.4B | $37B | 8.4x | ||
| Publicly listed | $643M | ($16M) | $10B | 15.2x | ||
| Publicly listed | $70M | ($78M) | $1.7B | 20.1x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $565M | - | ||
| Private | - | - | $356M | - |
Geneseeq Public Comps
Geneseeq is still privately-owned, but its public comps include Roche, Merck KGaA, Natera, Illumina, Guardant Health, Sartorius, Bio-Techne, Twist Bioscience, 10x Genomics and Demant.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $24B | $5.3B | 3.1x | 3.1x | 14.3x | 10.7x | |||
| $2.3B | ($266M) | 22.5x | 19.0x | (195.0x) | (261.5x) | |||
| $4.3B | $1.4B | 8.8x | 8.4x | 27.1x | 30.0x | |||
| $982M | ($408M) | 25.7x | 20.2x | (61.8x) | (129.5x) | |||
| $4.1B | $1.1B | 5.7x | 5.4x | 21.8x | 18.2x | |||
| $1.2B | $343M | 9.4x | 9.3x | 33.1x | 26.3x | |||
| $377M | ($63M) | 27.2x | 22.6x | (161.4x) | (316.8x) | |||
This data is available for Pro users. Sign up to see all Geneseeq competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Geneseeq
| When was Geneseeq founded? | Geneseeq was founded in 2008. |
| Where is Geneseeq headquartered? | Geneseeq is headquartered in Toronto, Canada. |
| Is Geneseeq publicly listed? | No, Geneseeq is a private, VC-backed company. |
| How much funding has Geneseeq raised? | Geneseeq has raised $135M across 4 funding rounds. |
| What was Geneseeq's last funding round? | Geneseeq's last funding round was a $114M Series D in December 2019. |
| Who are Geneseeq's investors? | Geneseeq's investors include Beijing Beilu Pharmaceutical, China Reform Holdings Corporation, SBCVC, DNV capital, Lilly Asia Ventures, D.Z Capital and Eastern Investment. |
| Which companies are comparable to Geneseeq? | Companies comparable to Geneseeq include Illumina, 10x Genomics, Personalis, Mammoth Biosciences, Inscripta and Character Biosciences. |
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