About Counsyl
Counsyl is a company based in San Francisco (United States) founded in 2007 was acquired by Myriad Genetics in May 2018.. Counsyl has raised $112.89 million across 4 funding rounds from investors including Goldman Sachs, Myriad Genetics and Perceptive Advisors. The company has 503 employees as of December 31, 2017. Counsyl operates in a competitive market with competitors including Viome, Invitae, Helix, Color and Everlywell, among others.
- Headquarter San Francisco, United States
- Employees 503 as on 31 Dec, 2017
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Counsyl. Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$112.89 M (USD)
in 4 rounds
-
Latest Funding Round
$80 M (USD), Series E
Nov 06, 2017
-
Investors
Goldman Sachs
& 3 more
-
Employee Count
503
as on Dec 31, 2017
-
Acquired by
Myriad Genetics
(May 28, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
102 people
Sales and Marketing
100 people
Leadership Team
99 people
Senior Team
36 people
Data Analysis and Operations Team
26 people
Operations Team
16 people
Product Management Team
16 people
Legal and Compliance
14 people
Unlock access to complete
Funding Insights of Counsyl
Counsyl has successfully raised a total of $112.89M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $80 million completed in November 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 Funding
- Total Rounds 4
- Last Round Series E — $80.0M
-
First Round
First Round
(13 Apr 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series E - Counsyl | Valuation | Perceptive Advisors |
|
| May, 2014 | Amount | Series D - Counsyl | Valuation |
investors |
|
| Mar, 2010 | Amount | Seed - Counsyl | 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 Counsyl
Counsyl has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Myriad Genetics and Perceptive Advisors. 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 |
|---|---|---|---|---|
|
Health-tech companies are targeted for venture capital investments.
|
Founded Year | Domain | Location | |
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
-
|
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 Counsyl
| 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 - Counsyl
| 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 |
Counsyl Comparisons
Competitors of Counsyl
Counsyl 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 Viome, Invitae, Helix, Color and Everlywell, 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 |
Machine learning-based bioinformatics solutions for health insights are provided.
|
|
| domain | founded_year | HQ Location |
Home-based genetic tests for detecting diseases are provided to individuals.
|
|
| domain | founded_year | HQ Location |
Genomic database for clinical research is provided.
|
|
| domain | founded_year | HQ Location |
Cancer care is delivered through a virtual clinic by Color.
|
|
| domain | founded_year | HQ Location |
At-home health tests for biomarkers, nutrition, and hormone analysis.
|
|
| domain | founded_year | HQ Location |
Personalized therapeutics are developed using genomic data for rare diseases.
|
| 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.
|
Frequently Asked Questions about Counsyl
When was Counsyl founded?
Counsyl was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Counsyl located?
Counsyl is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Counsyl a funded company?
Counsyl is a funded company, having raised a total of $112.89M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Apr 13, 2009.
How many employees does Counsyl have?
As of Dec 31, 2017, the latest employee count at Counsyl is 503.
What does Counsyl do?
Counsyl, similar to 23andME, provides gene mapping direct to consumers on their demand. They provide this service for genetic screening of inherited diseases, pre-pregnancy genetic testing and cancer screening. Consumer can avail these services by ordering Counsyl kit online or through some of the medical centers in the U.S. They provide results online within 2 weeks of collecting saliva sample from user through their kit. Along with this, they provide optional consultation service with their own doctor. The company claims to have screened 400K patients and to have served 6K health professionals in its clinical laboratory. Counsyl tests cost about 599 in total, or 99 with insurance.
Who are the top competitors of Counsyl?
Counsyl's top competitors include Viome, Helix and Variant Bio.
Who are Counsyl's investors?
Counsyl has 4 investors. Key investors include Goldman Sachs, Myriad Genetics, Perceptive Advisors, and RSTP.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.