Good Start Genetics

Boston, United States Founded: 2008 • Age: 18 yrs Acquired By Molecular Loop
Molecular diagnostics for inherited genetic disease screening are provided.
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About Good Start Genetics

Good Start Genetics is a company based in Boston (United States) founded in 2008 was acquired by Molecular Loop in October 2018.. Good Start Genetics has raised $32.16 million across 3 funding rounds from investors including Invitae, Orbimed and Molecular Loop. Good Start Genetics operates in a competitive market with competitors including Everlywell, Viome, Color, Invitae and Counsyl, among others.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $32.16 M (USD)

    in 3 rounds

  • Latest Funding Round
    $28 M (USD), Debt – Venture

    May 08, 2013

  • Investors
    Invitae

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Molecular Loop

    & 1 more

    (Oct 16, 2018)

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Funding Insights of Good Start Genetics

Good Start Genetics has successfully raised a total of $32.16M across 3 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $28 million completed in May 2013. 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 3
  • Last Round Debt – Venture — $28.0M
  • First Round

    (16 Sep 2010)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2013 Amount Debt – Venture - Good Start Genetics Valuation

investors

CRG
Apr, 2012 Amount Series B - Good Start Genetics Valuation Orbimed , Safeguard Scientifics
Sep, 2010 Amount Series A - Good Start Genetics Valuation Orbimed , Safeguard Scientifics
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 Good Start Genetics

Good Start Genetics has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Invitae, Orbimed and Molecular Loop. 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
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Founded Year Domain Location
Venture capital firm investing in early and growth stage companies
Founded Year Domain Location
Venture capital fund focused on early-stage healthcare startups
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 Good Start Genetics

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

Financial Statements - Good Start Genetics

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

Good Start Genetics Comparisons

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Competitors of Good Start Genetics

Good Start Genetics 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 Everlywell, Viome, Color, Invitae and Counsyl, 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
At-home health tests for biomarkers, nutrition, and hormone analysis.
domain founded_year HQ Location
Machine learning-based bioinformatics solutions for health insights are provided.
domain founded_year HQ Location
Cancer care is delivered through a virtual clinic by Color.
domain founded_year HQ Location
Home-based genetic tests for detecting diseases are provided to individuals.
domain founded_year HQ Location
DNA mapping for pre-pregnancy genetic testing, DNA and cancer screening
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.

Latest news on Good Start Genetics

Frequently Asked Questions about Good Start Genetics

When was Good Start Genetics founded?

Good Start Genetics was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is Good Start Genetics located?

Good Start Genetics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Good Start Genetics a funded company?

Good Start Genetics is a funded company, having raised a total of $32.16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $18.16M, raised on Sep 16, 2010.

What does Good Start Genetics do?

Good Start Genetics is a molecular genetic information company offering carrier screening for inherited genetic diseases. The company provides genetic carrier screening tests for known and novel mutations that cause inherited genetic disorders. The company is using next generation sequencing (NGS) and other proven genetic screening technologies for their genetic tests.Good Start Genetics provides carrier screening for all disorders recommended by the American Congress of Obstetricians and Gynecologists the American College of Medical Genetics. It has two products: GeneVu for carrier testing and EmbryVu for embryo screening. Customers can order GeneVu through Amazon as well.

Who are the top competitors of Good Start Genetics?

Good Start Genetics's top competitors include Viome, Variant Bio and Newtopia.

Who are Good Start Genetics's investors?

Good Start Genetics has 6 investors. Key investors include Invitae, Orbimed, Molecular Loop, Safeguard Scientifics, and SV Health Investors.

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