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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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.
| 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 |
Investments & Acquisitions by CoreBiome
Financial Statements - CoreBiome
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.
| 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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Frequently Asked Questions about CoreBiome
CoreBiome was founded in 2016 and raised its 1st funding round 1 year after it was founded.
CoreBiome is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
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.
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.
CoreBiome's top competitors include PathogenDX, Trace Genomics and Manus Bio.
CoreBiome has 3 investors. Key investors include OraSure Technologies, Gopher Angels, and Microbiologics.