
About Molecular Loop
Molecular Loop is a company based in Boston (United States) founded in 2018 by Greg Porreca. Molecular Loop has raised $1.79 million across 1 funding round. The company has 12 employees. Molecular Loop has completed 1 acquisition, including Good Start Genetics. Molecular Loop offers products and services including LoopCap Technology, Custom Panels, and SARS-CoV-2 Research Panel. Molecular Loop operates in a competitive market with competitors including Nanopore, PacBio, Omniome, Complete Genomics and QuantuMDx, among others.
- Headquarter Boston, United States
- Employees 12
- Founders Greg Porreca
- SectorsHealthcareTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website molecularloop.com
- Social LinkedIn X
- Legal Name Molecular Loop Biosciences, Inc.
- Total Equity Funding$1.79M (USD)
in 1 rounds
- Latest Funding Round$1.79M (USD), Seed
Jan 2022
- Employee Count12
- Investments & Acquisitions
Products & Services of Molecular Loop
Molecular Loop offers a comprehensive portfolio of products and services, including LoopCap Technology, Custom Panels, and SARS-CoV-2 Research Panel.
Enables single-tube workflow for target capture in next-generation sequencing.
Allows flexible design of custom sequencing panels for research applications.
Facilitates pathogen coverage for infectious disease genomic analysis.
Funding Insights of Molecular Loop
Molecular Loop has successfully raised a total of $1.79M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.79 million completed in January 2022. 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 $1.79M
- Total Rounds 1
- Last Round Seed β $1.79M
- First Round $1.79M
(Jan 2022)
All 1 funding rounds of Molecular Loop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $1.79M | Seed | β | β | β |
People of Molecular Loop
1 people are tracked at Molecular Loop (1 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Greg Porreca | Founder and CEO | Leadership |
Complete people profiles for Molecular Loop
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Investments & Acquisitions by Molecular Loop
Molecular Loop has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Good Start Genetics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Molecular diagnostics for inherited genetic disease screening are provided. | goodstartgenetics.com | Boston, United States | 2008 | Oct 2018 | β’β’β’β’ |
Complete acquisition details for Molecular Loop
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Timeline of Molecular Loop
3 dated milestones of Molecular Loop across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Molecular Loop is founded.
- Acquisition Acquires Good Start Genetics.
- Funding First funding round of $1.8M.
Competitors of Molecular Loop
Molecular Loop 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 Nanopore, PacBio, Omniome, Complete Genomics and QuantuMDx, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanoporetech.com | 2005 | Oxford, United Kingdom | $1.26B | 705 | Nanopore-based electronic systems for single-molecule analysis are developed. | |
| pacb.com | 2004 | Menlo Park, United States | $395M | 649 | Instrument systems and software for single-molecule real-time sequencing are developed. | |
| omniome.com | 2013 | San Diego, United States | $160.23M | 164 | Genome sequencing platform is provided for clinical diagnostics. | |
| completegenomics.com | 2006 | San Jose, United States | $124.99M | 70 | DNA sequencing platform for human genome analysis is developed. | |
| quantumdx.com | 2008 | Newcastle Upon Tyne, United Kingdom | $57.26M | 98 | Handheld diagnostic and sequencing devices are developed for personalized healthcare. | |
| bionano.com | 2002 | San Diego, United States | $124.2M | – | Provider of genome analysis solutions to researchers and clinicians | |
| genapsys.com | 2010 | Redwood, United States | $313.03M | 60 | Provider of DNA sequencing technologies for applied genomic testing and medical sequencing | |
| singulargenomics.com | 2016 | San Diego, United States | – | 169 | Next-generation gene sequencing and multi-omics technologies are provided. | |
| raindancetech.com | 2004 | Billerica, United States | $111.66M | 105 | Developer of nucleic acid detection and quantification systems |
Detailed competitors of Molecular Loop
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Web traffic of Molecular Loop
The website of Molecular Loop (molecularloop.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 85.9% vs previous month
Latest news on Molecular Loop
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Similar companies to Molecular Loop
10 companies that operate in the same segment as Molecular Loop (Genomics & Gene Therapy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
mRNA-based therapeutics for diseases including cancer and infections are developed. | 2010 | Cambridge, Massachusetts, United States | USD 2.78 B | USD 1.94 B | 5,800 | |
Digital sequencing technology for cancer detection is developed. | 2012 | Redwood City, California, United States | USD 557.5 M | USD 982.02 M | 2,020 | |
Circulating tumor DNA is screened for early cancer detection. | 2016 | Menlo Park, California, United States | USD 3.22 B | USD 147.17 M | 1,000 | |
Nanopore-based electronic systems for single-molecule analysis are developed. | 2005 | Oxford, Oxfordshire, United Kingdom | USD 1.3 B | USD 301.49 M | 1,480 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 265 | |
Provider of DNA testing services to create a family tree and ancestor | 2003 | Yehud, Central District, Israel | USD 40 M | – | – | |
Genetically modified cell lines are developed using AAV gene-editing platform. | 2007 | Cambridge, Cambridgeshire, United Kingdom | USD 46.29 M | – | – | |
Gene therapies for rare diseases including retinal dystrophies are developed. | 2013 | Philadelphia, Pennsylvania, United States | USD 82.8 M | USD 64.73 M | 822 | |
Therapeutics for genetic diseases are developed through targeted interventions. | 2015 | Palo Alto, California, United States | USD 434.2 M | USD 502.08 M | 730 | |
Provider of an online genealogy platform offering a host of services | 1996 | Lehi, Utah, United States | USD 146.2 M | – | – |
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Frequently Asked Questions about Molecular Loop
Molecular Loop was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Molecular Loop is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Greg Porreca is the current CEO of Molecular Loop. They have also founded this company.
Molecular Loop is a funded company, having raised a total of $1.79M across 1 funding round to date. The company's 1st funding round was a Seed of $1.79M, raised on Jan 2022.
Molecular Loop has 12 employees.
Founded in 2018 and based in Boston, United States, the company operates in the biotechnology sector. Ultra-high-throughput next-generation sequencing solutions are provided for clinical applications and large-scale research projects. Workflow simplification is achieved, along with reductions in cost and time, while throughput is increased and result quality is maintained. Targeted DNA sequencing technology forms the core of these operations.
Molecular Loop offers LoopCap Technology, Custom Panels, and SARS-CoV-2 Research Panel.
Molecular Loop has made 1 acquisition, including Good Start Genetics.
Molecular Loop operates through Molecular Loop Biosciences, Inc..
