Biomatrica

San Diego, United States Founded: 2004 • Age: 22 yrs Acquired By Exact Sciences
Assay reagents and samples are developed for diagnostics manufacturers.
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About Biomatrica

Biomatrica is a company based in San Diego (United States) founded in 2004 was acquired by Exact Sciences in October 2018.. Biomatrica has raised $27.36 million across 6 funding rounds from investors including Exact Sciences, HHS and NIJ. The company has 26 employees as of December 31, 2018. Biomatrica offers products and services including Cologuard Test, Oncotype DX Test, and Oncodetect Test. Biomatrica operates in a competitive market with competitors including Abcam, Neogen, Parse Biosciences, Qiagen and Biofidelity, among others.

  • Headquarter San Diego, United States
  • Employees 26 as on 31 Dec, 2018
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Exact Sciences Corporation
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.36 M (USD)

    in 6 rounds

  • Latest Funding Round
    $18.15 M (USD), Series B

    Dec 22, 2017

  • Investors
  • Employee Count
    26

    as on Dec 31, 2018

  • Acquired by
    Exact Sciences

    (Oct 18, 2018)

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Products & Services of Biomatrica

Biomatrica offers a comprehensive portfolio of products and services, including Cologuard Test, Oncotype DX Test, and Oncodetect Test. 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

Detects colorectal cancer through non-invasive stool DNA analysis.

Assesses breast and colon cancer recurrence risk for personalized care.

Aids in early cancer detection via advanced molecular testing.

Funding Insights of Biomatrica

Biomatrica has successfully raised a total of $27.36M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $18.15 million completed in December 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
  • Total Rounds 6
  • Last Round Series B — $18.1M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series B - Biomatrica Valuation

investors

May, 2015 Amount Grant - Biomatrica Valuation

investors

HHS
Dec, 2012 Amount Series A - Biomatrica 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 Biomatrica

Biomatrica has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Exact Sciences, HHS and NIJ. 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
Venture capital firm
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Provider of improving knowledge and understanding of crime and justice issues through science
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 Biomatrica

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

Financial Statements - Biomatrica

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

Biomatrica Comparisons

Employees
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Competitors of Biomatrica

Biomatrica 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 Abcam, Neogen, Parse Biosciences, Qiagen and Biofidelity, 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
Biological reagents and antibodies are developed for life science research.
domain founded_year HQ Location
Manufacturer of products in the areas of veterinary diagnostics, life sciences, DNA testing, and drug testing
domain founded_year HQ Location
RNA-sequencing transcriptome kits for health data analysis are developed.
domain founded_year HQ Location
Products and reagents for molecular diagnostic assays are supplied.
domain founded_year HQ Location
Molecular diagnostic assays are developed for target DNA sequence detection.
domain founded_year HQ Location
Proprietary reagents for single-cell genetic analysis are developed.
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 Biomatrica

Frequently Asked Questions about Biomatrica

When was Biomatrica founded?

Biomatrica was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Biomatrica located?

Biomatrica is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is Biomatrica a funded company?

Biomatrica is a funded company, having raised a total of $27.36M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 01, 2007.

How many employees does Biomatrica have?

As of Dec 31, 2018, the latest employee count at Biomatrica is 26.

What does Biomatrica do?

Develops assay reagents and samples for diagnostics manufacturers. The technologies enable diagnostic companies to reduce assay development time vs lyophilization and eliminate the need for the cold chain management. The companys temperature storage technology helps to preserve biological materials such as DNA, RNA, proteins, cells, and entire assays. Some of its products are DNAgard, DNAstable, RNAstable, RNAgard, and others.

Who are the top competitors of Biomatrica?

Biomatrica's top competitors include Abcam, Neogen and Qiagen.

What products or services does Biomatrica offer?

Biomatrica offers Cologuard Test, Oncotype DX Test, and Oncodetect Test.

Who are Biomatrica's investors?

Biomatrica has 4 investors. Key investors include Exact Sciences, HHS, NIJ, and In-Q-Tel.

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