Adaptive Biotechnologies

Seattle, United States Founded: 2009 • Age: 17 yrs
Clinical diagnostics and drug discovery for immune diseases are provided.
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About Adaptive Biotechnologies

Adaptive Biotechnologies is a company based in Seattle (United States) founded in 2009 by Harlan Robins and Chad Robins.. Adaptive Biotechnologies has raised $419.15 million across 18 funding rounds from investors including Microsoft, Illumina and LabCorp. The company has 619 employees as of December 31, 2024. Adaptive Biotechnologies has completed 1 acquisition, including Sequenta. Adaptive Biotechnologies offers products and services including clonoSEQ, Adaptive Immunosequencing, and Pharma Services. Adaptive Biotechnologies operates in a competitive market with competitors including Moderna, Chimerix, HOOKIPA Pharma, Novavax and Generate Biomedicines, among others.

  • Headquarter Seattle, United States
  • Employees 619 as on 31 Dec, 2024
  • Founders Harlan Robins, Chad Robins
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adaptive Biotechnologies Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $178.96 M
    5.1
    as on Dec 31, 2024
  • Net Profit
    $-159.49 M
    29.19
    as on Dec 31, 2024
  • EBITDA
    $-134.08 M
    25.25
    as on Dec 31, 2024
  • Total Equity Funding
    $419.15 M (USD)

    in 18 rounds

  • Latest Funding Round
  • Investors
    Microsoft

    & 13 more

  • Employee Count
    619

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Adaptive Biotechnologies

Adaptive Biotechnologies is a publicly listed company on the NASDAQ with ticker symbol ADPT in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ADPT . Sector: Health technology · USA

Products & Services of Adaptive Biotechnologies

Adaptive Biotechnologies offers a comprehensive portfolio of products and services, including clonoSEQ, Adaptive Immunosequencing, and Pharma Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

NGS-based tool for assessing minimal residual disease in trials.

Technology for mapping immune receptors in drug discovery.

Services supporting clinical diagnostics and therapeutic development.

People of Adaptive Biotechnologies
Headcount 500-1000
Employee Profiles 306
Board Members and Advisors 5
Employee Profiles
People
Chad Robins
CEO, Co-Founder & Chairman
People
Sharon Benzeno
Chief Commercial Officer, Immune Medicine
People
James Gowen-MacDonald
Scientist I, Molecular Product Development
People
Benjamin Rubin
Senior Computational Biologist

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Board Members and Advisors
people
Michelle Griffin
Director
people
Robert Hershberg
Director
people
Peter Neupert
Director
people
Katey Owen
Director

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Funding Insights of Adaptive Biotechnologies

Adaptive Biotechnologies has successfully raised a total of $419.15M across 18 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 18
  • Last Round
  • First Round

    (28 Dec 2009)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Series F - Adaptive Biotechnologies Valuation

investors

May, 2015 Amount Series F - Adaptive Biotechnologies Valuation Matrix
Jan, 2015 Amount Series E - Adaptive Biotechnologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adaptive Biotechnologies

Adaptive Biotechnologies has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Illumina and LabCorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage and late-stage biotech and finance companies are funded.
Founded Year Domain Location
Private investment firm focused on multiple sectors
Founded Year Domain Location
Investing in Life Sciences sectors like Healthcare and Biotechnology.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adaptive Biotechnologies

Adaptive Biotechnologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sequenta. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Immuno-sequencing products are developed for disease diagnostics and treatment.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Adaptive Biotechnologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adaptive Biotechnologies Comparisons

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Competitors of Adaptive Biotechnologies

Adaptive Biotechnologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moderna, Chimerix, HOOKIPA Pharma, Novavax and Generate Biomedicines, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Antiviral oral therapeutics are developed for infectious diseases and cancers.
domain founded_year HQ Location
Developer of immunotherapies for the treatment of infectious diseases and cancer
domain founded_year HQ Location
Novel vaccines are developed using nanoparticle and matrix adjuvant technology.
domain founded_year HQ Location
Developer of novel protein-based therapeutics using machine learning and biological engineering
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adaptive Biotechnologies

Frequently Asked Questions about Adaptive Biotechnologies

When was Adaptive Biotechnologies founded?

Adaptive Biotechnologies was founded in 2009.

Where is Adaptive Biotechnologies located?

Adaptive Biotechnologies is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Who is the current CEO of Adaptive Biotechnologies?

Chad Robins is the current CEO of Adaptive Biotechnologies. They have also founded this company.

Is Adaptive Biotechnologies a funded company?

Adaptive Biotechnologies is a funded company, having raised a total of $419.15M across 18 funding rounds to date. The company's 1st funding round was a Series E of $94M, raised on Dec 28, 2009.

How many employees does Adaptive Biotechnologies have?

As of Dec 31, 2024, the latest employee count at Adaptive Biotechnologies is 619.

What is the annual revenue of Adaptive Biotechnologies?

Annual revenue of Adaptive Biotechnologies is $178.96M as on Dec 31, 2024.

What does Adaptive Biotechnologies do?

Adaptive Biotechnologies was founded in 2009 in Seattle, United States. Operations focus on the biotechnology sector, with services centered on immune disease diagnostics and drug discovery. The immunoSEQ sequencing technology is utilized to characterize the immune system, supporting scientific research and clinical development. clonoSEQ is employed for monitoring minimal residual disease in blood-based cancers. Cell therapies, vaccines, and antibody molecules are developed for infectious diseases.

Who are the top competitors of Adaptive Biotechnologies?

Adaptive Biotechnologies's top competitors include Moderna, Generate Biomedicines and HOOKIPA Pharma.

What products or services does Adaptive Biotechnologies offer?

Adaptive Biotechnologies offers clonoSEQ, Adaptive Immunosequencing, and Pharma Services.

Is Adaptive Biotechnologies publicly traded?

Yes, Adaptive Biotechnologies is publicly traded on NASDAQ under the ticker symbol ADPT.

How many acquisitions has Adaptive Biotechnologies made?

Adaptive Biotechnologies has made 1 acquisition, including Sequenta.

Who are Adaptive Biotechnologies's investors?

Adaptive Biotechnologies has 14 investors. Key investors include Microsoft, Illumina, LabCorp, ARE, and HHS.

What is Adaptive Biotechnologies's ticker symbol?

The ticker symbol of Adaptive Biotechnologies is ADPT on NASDAQ.

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