About ChromaCode
ChromaCode is a company based in Carlsbad (United States) founded in 2012.. ChromaCode has raised $95.02 million across 8 funding rounds from investors including Caltech, Shimadzu Corporation and Global Brain. The company has 46 employees as of December 31, 2022. ChromaCode offers products and services including HDPCR Technology, ChromaCode Cloud, and Reagent Kits. ChromaCode operates in a competitive market with competitors including NeuMoDx, Biofire Diagnostics, InDex Pharmaceuticals, Kryptos Biotechnologies and Quantalife, among others.
- Headquarter Carlsbad, United States
- Employees 46 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Chromacode, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$95.02 M (USD)
in 8 rounds
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Latest Funding Round
$3.85 M (USD), Series C
Jan 30, 2025
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Investors
Caltech
& 9 more
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Employee Count
46
as on Dec 31, 2022
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Products & Services of ChromaCode
ChromaCode offers a comprehensive portfolio of products and services, including HDPCR Technology, ChromaCode Cloud, and Reagent Kits. 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.
Multiplexing platform for DNA and RNA variants in oncology testing.
Cloud-based tool for data analysis and assay deployment in labs.
Kits for cost-effective genomic workflows in clinical settings.
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Funding Insights of ChromaCode
ChromaCode has successfully raised a total of $95.02M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $3.85 million completed in January 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 Funding
- Total Rounds 8
- Last Round Series C — $3.8M
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First Round
First Round
(01 Jul 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series C - ChromaCode | Valuation |
investors |
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| Jun, 2023 | Amount | Series C - ChromaCode | Valuation | Shimadzu Corporation , Global Brain |
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| Dec, 2020 | Amount | Series C - ChromaCode | Valuation | Northpond Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ChromaCode
ChromaCode has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Caltech, Shimadzu Corporation and Global Brain. 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.
| Investor | Description | Founded Year | Domain | Location |
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Global Brain is recognized as a venture capital firm supporting startups.
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Founded Year | Domain | Location | |
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Venture capital firm investing in life sciences & tech sectors
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Founded Year | Domain | Location | |
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Growth & expansion stage VC firm invesing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ChromaCode
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ChromaCode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chromacode Comparisons
Competitors of ChromaCode
ChromaCode 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 NeuMoDx, Biofire Diagnostics, InDex Pharmaceuticals, Kryptos Biotechnologies and Quantalife, 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 |
Developer of a platform for low cost molecular testing
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| domain | founded_year | HQ Location |
Molecular diagnostic solutions for genetic condition detection are provided.
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| domain | founded_year | HQ Location |
DNA-based immunomodulatory drugs for ulcerative colitis are developed.
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| domain | founded_year | HQ Location |
Point-of-care molecular diagnostics are enabled by Ultrafast Photonic PCR technology.
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| domain | founded_year | HQ Location |
Provide tools that accelerate new strategies for the diagnosis and treatment of inherited disorders, cancer, and infectious disease.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chromacode
Frequently Asked Questions about ChromaCode
When was ChromaCode founded?
ChromaCode was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is ChromaCode located?
ChromaCode is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.
Who is the current CEO of ChromaCode?
Paul Flook is the current CEO of ChromaCode.
Is ChromaCode a funded company?
ChromaCode is a funded company, having raised a total of $95.02M across 8 funding rounds to date. The company's 1st funding round was a Series C of $38.64M, raised on Jul 01, 2015.
How many employees does ChromaCode have?
As of Dec 31, 2022, the latest employee count at ChromaCode is 46.
What does ChromaCode do?
ChromaCode was founded in 2012 and is headquartered in Carlsbad, United States. Operations focus on the biotechnology sector, where digital molecular biology analytics are provided for disease management. A proprietary platform is utilized alongside existing qPCR instruments to expand multiplexing capabilities. Cloud-based software and assay design are employed to support these functions, enabling integration with standard laboratory equipment.
Who are the top competitors of ChromaCode?
What products or services does ChromaCode offer?
ChromaCode offers HDPCR Technology, ChromaCode Cloud, and Reagent Kits.
Who are ChromaCode's investors?
ChromaCode has 10 investors. Key investors include Caltech, Shimadzu Corporation, Global Brain, Northpond Ventures, and Windham Capital Partners.