Armune

Kalamazoo, United States Founded: 2008 • Age: 18 yrs Acquired By Exact Sciences
Diagnostic tests for prostate, lung, and breast cancers are developed.

About Armune

Armune is a Healthcare company based in Kalamazoo (United States) founded in 2008, and was acquired by Exact Sciences in February 2018. Diagnostic tests for prostate, lung, and breast cancers are developed. Armune has raised $12.21 million across 10 funding rounds from investors including Exact Sciences, University of Michigan and Grand Angels. The company was acqui-hired. Its focus areas include Life Sciences, Oncology, In-Vitro Diagnostic Tests and Diversified. Its competitors include Guardant Health, Foundation Medicine and ArcherDX; 3 of its 3 listed competitors have raised funding.

Company details

The company was founded in 2008 and is located in Kalamazoo, United States, within the biotechnology sector. Diagnostic and prognostic tests for prostate, lung, and breast cancers are researched and developed to support personalized treatment decisions. These tests rely on immune system signals for early detection and improved outcomes. A validated blood test, APIFINY, is provided for prostate cancer screening as a non-PSA alternative, enabling biopsy selection for patients.

Operational Areas
Key Metrics
  • Total Equity Funding
    $12.21M (USD)

    in 10 rounds

  • Latest Funding Round
    $500K (USD), Series A

    Jan 2017

  • Investors
  • Acquired by

Funding Insights of Armune

Armune has successfully raised a total of $12.21M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in January 2017. 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 $12.21M
  • Total Rounds 10
  • Last Round Series A β€” $500,000
  • First Round $1.1M

    (Sep 2008)

  • Investors Count 5

All 10 funding rounds of Armune with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$500,000Series A––
–
Jul 2016$9.71MSeries A–University of Michigan, Grand Angels
–
Apr 2013$1.4MSeed––
–
Nov 2012$19,217Grant––
Dec 2010$250,000Debt – Conventional––
–
Dec 2010$500,000Grant––
Jun 2010Seed––
Aug 2009$400,000Seed––
–
Dec 2008$200,000Seed––
Sep 2008$1.1MDebt – Convertible––
–
Valuation history

6 investors in total: 6 institutional.

Investors in Armune

Armune has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Exact Sciences, University of Michigan and Grand Angels.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Grand Angels is engaged in angel investing for startups.
2005grandangels.orgGrand Rapids, United States
acceleratemichigan.com
annarborusa.org
Graduation and postgraduate courses are offered in diverse academic streams.
1817umich.eduUnited States
A digital news platform is operated for diverse topics.
michigancrn.orgJakarta, Indonesia
Non-invasive molecular diagnostic tests for cancer detection are provided.
1995exactsciences.comMadison, United States
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Investor details for Armune

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Armune

4 dated milestones of Armune across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Armune is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Series A, of $500K.
  4. Exit Acquired by Exact Sciences.

Competitors of Armune

Armune has 3 listed competitors in our database, 3 of them funded. They include Guardant Health, Foundation Medicine and ArcherDX.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
guardanthealth.com2012Redwood, United States$557.5M1,351
Digital sequencing technology for cancer detection is developed.
foundationmedicine.com2010Cambridge, United States$96.5M1,707
Genomics-based diagnostic tests for cancer are provided.
archerdx.com2013Boulder, United States$152.6M429
Molecular cancer diagnostic products are developed using patented AMP technology.
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Detailed competitors of Armune

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Oncology

3 companies that operate in the same segment as Armune (Oncology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Frequently Asked Questions about Armune

Armune was founded in 2008.

Armune is headquartered in Kalamazoo, United States. It is registered at Kalamazoo, Michigan, United States.

Armune is a funded company, having raised a total of $12.21M across 10 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $1.1M, raised on Sep 2008.

The company was founded in 2008 and is located in Kalamazoo, United States, within the biotechnology sector. Diagnostic and prognostic tests for prostate, lung, and breast cancers are researched and developed to support personalized treatment decisions. These tests rely on immune system signals for early detection and improved outcomes. A validated blood test, APIFINY, is provided for prostate cancer screening as a non-PSA alternative, enabling biopsy selection for patients.

Armune's top competitors include Guardant Health, Foundation Medicine and ArcherDX.

Armune has 6 investors. Key investors include Exact Sciences, University of Michigan, Grand Angels, Michigancrn, and Accelerate Michigan.

Yes. Armune was acquired by Exact Sciences in February 2018.

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