Biodesix

Boulder, United States Founded: 2005 • Age: 21 yrs
Cancer detection diagnostics assays are developed and offered.
Annual revenue $71.3M Latest available
Total funding $200.2M 25 rounds
Employees 273 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Biodesix

Biodesix is a company based in Boulder (United States) founded in 2005. Biodesix has raised $200.16 million across 25 funding rounds from investors including Lincoln Park Capital. The company has 273 employees as of December 31, 2024. Biodesix has completed 2 acquisitions, including IndiDX and Xpresys Lung. Biodesix offers products and services including Diagnostic Tests and Development Services. Biodesix operates in a competitive market with competitors including Oncimmune, OncoCyte, Broncus, Riverain Tech and ONCOHOST, among others.

  • Headquarter Boulder, United States
  • Employees 273 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Biodesix, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $71.32 M (USD)
    45.3
    as on Dec 31, 2024
  • Net Profit
    -$42.93 M (USD)
    17.67
    as on Dec 31, 2024
  • EBITDA
    -$28.8 M (USD)
    19.52
    as on Dec 31, 2024
  • Total Equity Funding
    $200.16 M (USD)

    in 25 rounds

  • Latest Funding Round
    $40.3 M (USD), Post-IPO

    Nov 23, 2022

  • Investors
  • Employee Count
    273

    as on Dec 31, 2024

  • Investments & Acquisitions
    IndiDX

    & 1 more

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IPO & Listings of Biodesix

Biodesix is a publicly listed company on the NASDAQ with ticker symbol BDSX in USA, operating in the Health services 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: BDSX · Sector: Health services · USA

Products & Services of Biodesix

Biodesix offers a comprehensive portfolio of products and services, including Diagnostic Tests and Development Services.

Product name locked
Category locked
Primary

Tests for lung cancer detection and personalized treatment guidance

Product name locked
Category locked
Locked

Custom services for diagnostic tools and therapeutics development

People of Biodesix

Headcount 200-500
Employee Profiles 48
Board Members and Advisors 8
Employee Profiles
People
Laura Peek
Vice President, Laboratory Operations - De Soto
People
Brianna Phillips
VP, Quality & Regulatory Affairs
People
Niki Givens
VP, Clinical Research
People
Tonya Hill
Senior Director, National Accounts

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Board Members and Advisors
people
Charles M. Watts
Director

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Funding Insights of Biodesix

Biodesix has successfully raised a total of $200.16M across 25 strategic funding rounds. The most recent funding activity was a Post-IPO round of $40.3 million completed in November 2022. 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 Biodesix

Biodesix has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lincoln Park Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward North American opportunities.
Locked Locked Locked
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Investor details for Biodesix

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Investments & Acquisitions by Biodesix

Biodesix has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include IndiDX and Xpresys Lung.

Investments
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Investment portfolio details for Biodesix

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Proteomics-based liquid biopsy for lung cancer is provided.
Locked Locked 2013 Locked
Blood-based diagnostics for oncology.
Locked Locked 2005 Locked
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Complete acquisition details for Biodesix

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Financial Statements - Biodesix

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Detailed financials for Biodesix

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Biodesix Comparisons

Biodesix Primary company
Description
Cancer detection diagnostics assays are developed and offere...
Location
Boulder, United States
Founded Year
2005
Annual Revenue
$71.32 M (USD)
Net Profit
-$42.93 M (USD)
EBITDA
-$28.8 M (USD)
Employees
273
As of 2024
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Peer comparison for Biodesix

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Competitors of Biodesix

Biodesix 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 Oncimmune, OncoCyte, Broncus, Riverain Tech and ONCOHOST, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Diagnostics and risk assessment solutions for lung cancer are developed.
Locked Locked Locked
Non-invasive diagnostic test solutions for cancer treatment are developed.
Locked Locked Locked
Minimally invasive technologies for lung disease treatment are developed.
Locked Locked Locked
Software tools are developed for early lung disease detection.
Locked Locked Locked
AI-based proteomic analysis for oncology therapy planning is offered.
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Detailed competitors of Biodesix

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Latest news on Biodesix

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Complete news archive for Biodesix

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Frequently Asked Questions about Biodesix

Biodesix was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Biodesix is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Scott Hutton is the current CEO of Biodesix.

Biodesix is a funded company, having raised a total of $200.16M across 25 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Biodesix is 273.

Annual revenue of Biodesix is $71.32M as on Dec 31, 2024.

Biodesix was founded in 2005 and is headquartered in Boulder, United States. Diagnostic assays for cancer detection are developed by the company within the healthcare sector. In vitro diagnostic tests are provided, including Nodify Lung, which features two blood-based proteomic tests for assessing malignancy risk in lung nodules, and GeneStrat NGS for broad tumor mutation analysis. Operations focus on advancing precision medicine tools.

Biodesix's top competitors include OncoCyte, ONCOHOST and Oncimmune.

Biodesix offers Diagnostic Tests and Development Services.

Yes, Biodesix is publicly traded on NASDAQ under the ticker symbol BDSX.

Biodesix has made 2 acquisitions, including IndiDX, and Xpresys Lung.

Biodesix has 1 investor. Key investors include Lincoln Park Capital.

The ticker symbol of Biodesix is BDSX on NASDAQ.

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