Olaris

Waltham, United States Founded: 2014 • Age: 12 yrs
In-vitro diagnostics are developed for oncology, transplants, and neurodegeneration.
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About Olaris

Olaris is a company based in Waltham (United States) founded in 2014 by Liz Oday.. Olaris has raised $62.5 thousand across 5 funding rounds from investors including LabCorp, Bruker and The Michael J. Fox Foundation. The company has 9 employees as of December 31, 2022. Olaris offers products and services including Cerebro Services. Olaris operates in a competitive market with competitors including Denali Therapeutics, Poseida Therapeutics, Castle Biosciences, Juno Therapeutics and Personalis, among others.

  • Headquarter Waltham, United States
  • Employees 9 as on 31 Dec, 2022
  • Founders Liz Oday
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Olaris, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Services & Infrastructure
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $62.5 K (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
    LabCorp

    & 9 more

  • Employee Count
    9

    as on Dec 31, 2022

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Products & Services of Olaris

Olaris offers a comprehensive portfolio of products and services, including Cerebro Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers metabolomics-based tools for identifying biomarkers of response in patients.

People of Olaris
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 11
Employee Profiles
People
Charles Sang
Chief Commercial Officer
People
Daniel Geffken
CFO
People
Elizabeth O'Day
Founder & CEO
People
Lisa Velardo
Senior Director, Finance & Operations

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Board Members and Advisors
people
Cynthia Ma
Scientific Advisor
people
Gerhard Wagner
Co-Founder & Scientific Advisor
people
Vivek Sharma
Strategic Advisor
people
Stuart Chaffee
Executive Chair

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Funding Insights of Olaris

Olaris has successfully raised a total of $62.5K across 5 strategic funding rounds. 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 5
  • Last Round
  • First Round

    (01 Jun 2018)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Series B - Olaris Valuation

investors

Apr, 2025 Amount Series B - Olaris Valuation

investors

Feb, 2020 Amount Grant - Olaris 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 Olaris

Olaris has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include LabCorp, Bruker and The Michael J. Fox Foundation. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on AI, healthcare, life science, B2B enterprise, and technology sectors
Founded Year Domain Location
Venture capital investing and portfolio management services for accredited investors.
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 Olaris

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 - Olaris

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

Olaris Comparisons

Employees
+
Add Comparison
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Competitors of Olaris

Olaris 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 Denali Therapeutics, Poseida Therapeutics, Castle Biosciences, Juno Therapeutics and Personalis, 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
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
domain founded_year HQ Location
Developer of gene therapies for treating cancer and liver orphan disease by using gene editing technologies
domain founded_year HQ Location
Precision diagnostic and prognostic tests are developed by Castle Biosciences.
domain founded_year HQ Location
CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
domain founded_year HQ Location
Genomic sequencing and diagnosis software is provided for healthcare.
domain founded_year HQ Location
Therapeutics for aging diseases are developed by targeting senescent cells.
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 Olaris

When was Olaris founded?

Olaris was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Olaris located?

Olaris is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Who is the current CEO of Olaris?

Liz Oday is the current CEO of Olaris. They have also founded this company.

Is Olaris a funded company?

Olaris is a funded company, having raised a total of $62.5K across 5 funding rounds to date.

How many employees does Olaris have?

As of Dec 31, 2022, the latest employee count at Olaris is 9.

What does Olaris do?

Olaris was founded in 2014 and is headquartered in Waltham, United States. In-vitro diagnostics are developed by the company for oncology, solid-organ transplantation, and neurodegeneration. A high-throughput metabolomics platform integrated with machine learning is utilized to identify metabolite signatures. These tools support precision medicine applications within the biotechnology sector. Operations focus on diagnostic solutions for clinical needs in these therapeutic areas.

Who are the top competitors of Olaris?

Olaris's top competitors include Juno Therapeutics, Personalis and Poseida Therapeutics.

What products or services does Olaris offer?

Olaris offers Cerebro Services.

Who are Olaris's investors?

Olaris has 10 investors. Key investors include LabCorp, Bruker, The Michael J. Fox Foundation, Robert Carpenter, and Innospark.

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