About IDbyDNA
IDbyDNA is a company based in Salt Lake City (United States) founded in 2014.. IDbyDNA has raised $29 million across 2 funding rounds from investors including ARUP Laboratories, Artis Ventures and Genesys Capital. IDbyDNA operates in a competitive market with competitors including Human Longevity, Helix, Benchling, Genuity Science and Inpharmatica, among others.
- Headquarter Salt Lake City, United States
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Jan 29, 2020
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Investors
ARUP Laboratories
& 3 more
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Employee Count
Employee Count
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Software Development Team
249 people
Senior Team
70 people
Leadership Team
67 people
Sales and Marketing
44 people
Staff Team
42 people
Product Management Team
36 people
Finance and Accounting
31 people
Data Analysis and Operations Team
25 people
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Funding Insights of IDbyDNA
IDbyDNA has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in January 2020. 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 Series B — $20.0M
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First Round
First Round
(08 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series B - IDbyDNA | Valuation | Artis Ventures | |
| Sep, 2016 | Amount | Series A - IDbyDNA | Valuation | Artis 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 IDbyDNA
IDbyDNA has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ARUP Laboratories, Artis Ventures and Genesys Capital. 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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Early-stage startups are invested in by Artis Ventures.
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Founded Year | Domain | Location | |
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Early-stage life sciences companies are supported through venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by sector-agnostic VC firm.
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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 IDbyDNA
| 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 - IDbyDNA
| 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 |
Idbydna Comparisons
Competitors of IDbyDNA
IDbyDNA 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 Human Longevity, Helix, Benchling, Genuity Science and Inpharmatica, 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 |
Genomics data and cell therapy-based diagnostic and therapeutic solutions
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| domain | founded_year | HQ Location |
Genomic database for clinical research is provided.
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| domain | founded_year | HQ Location |
Cloud-based bioinformatics platform is offered for biotech research.
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| domain | founded_year | HQ Location |
AI-based omics data analysis solutions are provided to researchers.
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| domain | founded_year | HQ Location |
Developer of predictive informatics based platform for drug discovery
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| domain | founded_year | HQ Location |
Bioinformatics platform is provided for biomarkers and drug discovery.
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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 Idbydna
Frequently Asked Questions about IDbyDNA
When was IDbyDNA founded?
IDbyDNA was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is IDbyDNA located?
IDbyDNA is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is IDbyDNA a funded company?
IDbyDNA is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Sep 08, 2016.
What does IDbyDNA do?
IDbyDNA was founded in 2014 in Salt Lake City, United States, operating within the biotechnology sector focused on genomic analysis. Taxonomer, its core platform, is utilized for metagenomic sequencing of next-generation data to detect pathogens. Curated databases covering bacterial, viral, and fungal taxa are employed for taxonomic classification based on nucleic acids or proteins. Real-time analysis of large datasets is supported for clinical and research applications.
Who are the top competitors of IDbyDNA?
IDbyDNA's top competitors include Helix, Human Longevity and Benchling.
Who are IDbyDNA's investors?
IDbyDNA has 4 investors. Key investors include ARUP Laboratories, Artis Ventures, Genesys Capital, and Abstract Ventures.