Caris Life Sciences

Irving, United States Founded: 1996 • Age: 30 yrs
Panomic profiling technologies are developed for cancer precision medicine.

About Caris Life Sciences

Caris Life Sciences is a company based in Irving (United States) founded in 1996. It operates as a AI-as-a-Service, Professional Services, and HealthTech. Caris Life Sciences has raised $1.23 billion across 9 funding rounds from investors including Fidelity Investments, TPG and T. Rowe Price. The company has 1,339 employees as of December 31, 2022. Caris Life Sciences has completed 1 acquisition, including Caris Life Sciences. Caris Life Sciences offers products and services including Caris Assure, MI Profile, and Caris Molecular AI. Caris Life Sciences operates in a competitive market with competitors including Guardant Health, Natera, Denali Therapeutics, Foundation Medicine and ArcherDX, among others.

  • Headquarter Irving, United States
  • Employees 1339 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Caris Life Sciences, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.23 B (USD)

    in 9 rounds

  • Latest Funding Round
    $168 M (USD), Series D

    Apr 07, 2025

  • Investors
  • Employee Count
    1339

    as on Dec 31, 2022

  • Investments & Acquisitions
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IPO & Listings of Caris Life Sciences

Caris Life Sciences is a publicly listed company on the NASDAQ with ticker symbol CAI in USA, operating in the Technology 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: CAI . Sector: Technology services · USA

Products & Services of Caris Life Sciences

Caris Life Sciences offers a comprehensive portfolio of products and services, including Caris Assure, MI Profile, and Caris Molecular AI. 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

Blood-based sequencing is used for deep molecular insights.

Tissue profiling is provided for comprehensive molecular blueprints.

AI solutions are applied for cancer classification insights.

People of Caris Life Sciences
Headcount 1000-5000
Employee Profiles 499
Board Members and Advisors 13
Employee Profiles
People
Rachel Sheridan
Senior Manager, Molecular Advisory Services
People
Terry White
Corporate VP Of Commercial Strategy
People
Pilar Santistevan
Supply Chain Analyst II
People
Michael Halbert
SVP of HR

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Board Members and Advisors
people
Vijay Mohan
Director
people
Jonathan Knowles
Vice Chairman
people
George Poste
Vice Chairman
people
Jon S. Halbert
Director

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Funding Insights of Caris Life Sciences

Caris Life Sciences has successfully raised a total of $1.23B across 9 strategic funding rounds. The most recent funding activity was a Series D round of $168 million completed in April 2025. 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 9
  • Last Round Series D — $168.0M
  • First Round

    (09 Jan 2017)

  • Investors Count 20
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Series D - Caris Life Sciences Valuation Braidwell
Jan, 2023 Amount Debt – Conventional - Caris Life Sciences Valuation

investors

May, 2021 Amount Series D - Caris Life Sciences Valuation Sixth Street
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 Caris Life Sciences

Caris Life Sciences has secured backing from 20 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, TPG and T. Rowe Price. 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
Health-tech companies are targeted for venture capital investments.
Founded Year Domain Location
-
Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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 Caris Life Sciences

Caris Life Sciences has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Caris Life Sciences. 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
Oncology-focused CRO and SMO services are provided for clinical development.
1987
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 - Caris Life Sciences

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

Caris Life Sciences Comparisons

Employees
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Competitors of Caris Life Sciences

Caris Life Sciences 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 Guardant Health, Natera, Denali Therapeutics, Foundation Medicine and ArcherDX, 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
Digital sequencing technology for cancer detection is developed.
domain founded_year HQ Location
Developer of cell-free DNA testing for oncology, women’s health, and organ health
domain founded_year HQ Location
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
domain founded_year HQ Location
Genomics-based diagnostic tests for cancer are provided.
domain founded_year HQ Location
Molecular cancer diagnostic products are developed using patented AMP technology.
domain founded_year HQ Location
Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery
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 Caris Life Sciences

Frequently Asked Questions about Caris Life Sciences

When was Caris Life Sciences founded?

Caris Life Sciences was founded in 1996 and raised its 1st funding round 21 years after it was founded.

Where is Caris Life Sciences located?

Caris Life Sciences is headquartered in Irving, United States. It is registered at Irving, Texas, United States.

Is Caris Life Sciences a funded company?

Caris Life Sciences is a funded company, having raised a total of $1.23B across 9 funding rounds to date. The company's 1st funding round was a Series D of $830M, raised on Jan 09, 2017.

How many employees does Caris Life Sciences have?

As of Dec 31, 2022, the latest employee count at Caris Life Sciences is 1,339.

What does Caris Life Sciences do?

Caris Life Sciences is engaged in revolutionizing cancer care through precision medicine. The company is recognized for developing innovative solutions that analyze biological networks at the molecular level. Services are provided across the care continuum, including disease detection, therapy selection, and treatment monitoring. Advanced technologies in molecular profiling and AI are utilized to inform personalized treatment decisions. The healthcare sector is primarily served, with a focus on oncology. Comprehensive databases combining genomic, transcriptomic, and proteomic data with clinical outcomes are maintained. Solutions are offered to patients, physicians, and biopharma partners to improve patient outcomes globally.

Who are the top competitors of Caris Life Sciences?

Caris Life Sciences's top competitors include Guardant Health, Strand Life Sciences and Foundation Medicine.

What products or services does Caris Life Sciences offer?

Caris Life Sciences offers Caris Assure, MI Profile, and Caris Molecular AI.

Is Caris Life Sciences publicly traded?

Yes, Caris Life Sciences is publicly traded on NASDAQ under the ticker symbol CAI.

How many acquisitions has Caris Life Sciences made?

Caris Life Sciences has made 1 acquisition, including Caris Life Sciences.

Who are Caris Life Sciences's investors?

Caris Life Sciences has 20 investors. Key investors include Fidelity Investments, TPG, T. Rowe Price, Orbimed, and CPP Investments.

What is Caris Life Sciences's ticker symbol?

The ticker symbol of Caris Life Sciences is CAI on NASDAQ.

What is Caris Life Sciences's valuation?

The valuation of Caris Life Sciences is $7.83B as of May 2021.

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