Adaptive Biotechnologies

Seattle, United States Founded: 2009 • Age: 17 yrs
Clinical diagnostics and drug discovery for immune diseases are provided.
Annual revenue $179.0M Latest available
Total funding $419.1M 18 rounds
Employees 619 Tracked headcount
Investors 14 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
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  • Phone
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  • Website
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  • Social
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  • Legal Name Adaptive Biotechnologies Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $178.96 M (USD)
    5.1
    as on Dec 31, 2024
  • Net Profit
    -$159.49 M (USD)
    29.19
    as on Dec 31, 2024
  • EBITDA
    -$134.08 M (USD)
    25.25
    as on Dec 31, 2024
  • Total Equity Funding
    $419.15 M (USD)

    in 18 rounds

  • Latest Funding Round
    Not available
  • 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.

Product name locked
Category locked
Primary

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

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Technology for mapping immune receptors in drug discovery.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage and late-stage biotech and finance companies are funded.
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Private investment firm focused on multiple sectors
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Investing in Life Sciences sectors like Healthcare and Biotechnology.
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Investor details for Adaptive Biotechnologies

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Investments & Acquisitions by Adaptive Biotechnologies

Adaptive Biotechnologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sequenta.

Investments
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Investment portfolio details for Adaptive Biotechnologies

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Immuno-sequencing products are developed for disease diagnostics and treatment.
Locked Locked 2008 Locked
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Complete acquisition details for Adaptive Biotechnologies

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Financial Statements - Adaptive Biotechnologies

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Detailed financials for Adaptive Biotechnologies

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Adaptive Biotechnologies Comparisons

Adaptive Biotechnologies Primary company
Description
Clinical diagnostics and drug discovery for immune diseases ...
Location
Seattle, United States
Founded Year
2009
Annual Revenue
$178.96 M (USD)
Net Profit
-$159.49 M (USD)
EBITDA
-$134.08 M (USD)
Employees
619
As of 2024
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Peer comparison for Adaptive Biotechnologies

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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.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Antiviral oral therapeutics are developed for infectious diseases and cancers.
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Developer of immunotherapies for the treatment of infectious diseases and cancer
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Novel vaccines are developed using nanoparticle and matrix adjuvant technology.
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Developer of novel protein-based therapeutics using machine learning and biological engineering
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Detailed competitors of Adaptive Biotechnologies

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Latest news on Adaptive Biotechnologies

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Complete news archive for Adaptive Biotechnologies

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Frequently Asked Questions about Adaptive Biotechnologies

Adaptive Biotechnologies was founded in 2009.

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

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

Adaptive Biotechnologies is a funded company, having raised a total of $419.15M across 18 funding rounds to date.

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

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

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.

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

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

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

Adaptive Biotechnologies has made 1 acquisition, including Sequenta.

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

The ticker symbol of Adaptive Biotechnologies is ADPT on NASDAQ.

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