About CoreBiome
CoreBiome is a company based in Minneapolis (United States) founded in 2016 was acquired by OraSure in January 2019.. CoreBiome has raised $1.35 million across 2 funding rounds from investors including OraSure Technologies, Gopher Angels and Microbiologics. CoreBiome operates in a competitive market with competitors including Evelo Biosciences, Depixus, Trace Genomics, Genomics and Seven Bridges Genomics, among others.
- Headquarter Minneapolis, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.35 M (USD)
in 2 rounds
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Latest Funding Round
$550 K (USD), Seed
Aug 29, 2018
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Investors
OraSure Technologies
& 2 more
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Employee Count
Employee Count
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Acquired by
OraSure
(Jan 04, 2019)
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Funding Insights of CoreBiome
CoreBiome has successfully raised a total of $1.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $550 thousand completed in August 2018. 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 2
- Last Round Seed — $550,000
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First Round
First Round
(05 Jul 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - CoreBiome | Valuation |
investors |
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| Jul, 2017 | Amount | Seed - CoreBiome | Valuation | Gopher Angels , Microbiologics |
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| 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 CoreBiome
CoreBiome has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include OraSure Technologies, Gopher Angels and Microbiologics. 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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Angel investment network is focused on Midwest startup growth.
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Founded Year | Domain | Location | |
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M
Microbiologics |
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Founded Year | Domain | Location |
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Point-of-care diagnostic devices for oral fluid specimens are provided.
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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 CoreBiome
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - CoreBiome
| 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 |
Corebiome Comparisons
Competitors of CoreBiome
CoreBiome 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 Evelo Biosciences, Depixus, Trace Genomics, Genomics and Seven Bridges Genomics, 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 |
Therapeutics for inflammatory diseases, COVID-19, and cancer are developed.
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| domain | founded_year | HQ Location |
Single-molecule genetic and epigenetic sequencing solutions are provided.
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| domain | founded_year | HQ Location |
Developer of technologies to diagnose soil health and soil-borne disease prediction
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| domain | founded_year | HQ Location |
Genomic risk assessment and prevention platform is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform to analyze, store, and act on genomic data.
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| domain | founded_year | HQ Location |
Bioinformatics tools are provided for analyzing microbial genomic sequencing data.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Corebiome
Frequently Asked Questions about CoreBiome
When was CoreBiome founded?
CoreBiome was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is CoreBiome located?
CoreBiome is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is CoreBiome a funded company?
CoreBiome is a funded company, having raised a total of $1.35M across 2 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Jul 05, 2017.
What does CoreBiome do?
CoreBiome was founded in 2016 and is based in Minneapolis, United States. Proprietary methods are developed by the company for measuring and interpreting microbial diversity through DNA sequencing and AIML-based analytics. End-to-end solutions are offered, encompassing sample processing, sequencing, and comprehensive data analysis in the microbiome sector. Operations focus on precise microbial assessment for research and applications.
Who are the top competitors of CoreBiome?
CoreBiome's top competitors include PathogenDX, Trace Genomics and Manus Bio.
Who are CoreBiome's investors?
CoreBiome has 3 investors. Key investors include OraSure Technologies, Gopher Angels, and Microbiologics.