OncoCyte

Irvine, United States Founded: 2009 • Age: 17 yrs
Non-invasive diagnostic test solutions for cancer treatment are developed.
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About OncoCyte

OncoCyte is a company based in Irvine (United States) founded in 2009.. OncoCyte has raised $15.35 million across 11 funding rounds from investors including SG Americas Securities and Pura Vida. The company has 49 employees as of December 31, 2024. OncoCyte has completed 2 acquisitions, including Chronix Biomedical and Insight Genetics. OncoCyte offers products and services including DetermaCNI, DetermaIO, VitaGraft Kidney, VitaGraft Liver, and GraftAssure. OncoCyte operates in a competitive market with competitors including Oncimmune, Biodesix, Mirvie, Epic Sciences and Miroculus, among others.

  • Headquarter Irvine, United States
  • Employees 49 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Insight Molecular Diagnostics Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $1.88 M
    25.15
    as on Dec 31, 2024
  • Net Profit
    $-60.66 M
    -118.36
    as on Dec 31, 2024
  • EBITDA
    $-21.68 M
    -5.32
    as on Dec 31, 2024
  • Total Equity Funding
    $15.35 M (USD)

    in 11 rounds

  • Latest Funding Round
    $21.74 M (USD), Post-IPO

    Feb 10, 2025

  • Investors
  • Employee Count
    49

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of OncoCyte

OncoCyte is a publicly listed company on the NASDAQ with ticker symbol IMDX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: IMDX . Sector: Health technology · USA

Products & Services of OncoCyte

OncoCyte offers a comprehensive portfolio of products and services, including DetermaCNI, DetermaIO, VitaGraft Kidney, VitaGraft Liver, and GraftAssure. 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

Test to identify immune checkpoint inhibitor responders.

Detects early cancer progression after treatment.

Monitors kidney transplant health via DNA detection.

Monitors liver transplant health through DNA analysis.

Kit for assessing transplant graft health accurately.

People of OncoCyte
Headcount 50-200
Employee Profiles 24
Board Members and Advisors 4
Employee Profiles
People
Josh Riggs
President & CEO
People
Ekkehard Schütz
Chief Science Officer
People
Yuh-Min Chiang
SVP, R&D & Product Development
People
Yaning Li
Senior Scientist, Mt(ascp)

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Funding Insights of OncoCyte

OncoCyte has successfully raised a total of $15.35M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $21.74 million completed in February 2025. 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 11
  • Last Round Post-IPO — $21.7M
  • First Round

    (13 May 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2025 Amount Post-IPO - OncoCyte Valuation

investors

Oct, 2024 Amount Post-IPO - OncoCyte Valuation

investors

Apr, 2024 Amount Post-IPO - OncoCyte 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 OncoCyte

OncoCyte has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SG Americas Securities and Pura Vida. 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
-
Founded Year Domain Location
Investment management services are provided focusing on healthcare innovation.
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 OncoCyte

OncoCyte has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Chronix Biomedical and Insight Genetics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Molecular diagnostics company that is working to enhance the diagnosis, monitoring and treatment of cancer.
2007
Non-invasive diagnostics for cancer detection are developed through blood-based tests.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - OncoCyte

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

Oncocyte Comparisons

Employees
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Competitors of OncoCyte

OncoCyte 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 Oncimmune, Biodesix, Mirvie, Epic Sciences and Miroculus, 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
Diagnostics and risk assessment solutions for lung cancer are developed.
domain founded_year HQ Location
Cancer detection diagnostics assays are developed and offered.
domain founded_year HQ Location
Non-invasive blood tests for prenatal fetal health predictions are offered.
domain founded_year HQ Location
Non-invasive tests for detecting circulating tumor cells are provided.
domain founded_year HQ Location
MicroRNA profiling platform is developed to detect genes in samples.
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 Oncocyte

Frequently Asked Questions about OncoCyte

When was OncoCyte founded?

OncoCyte was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is OncoCyte located?

OncoCyte is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Who is the current CEO of OncoCyte?

Ron Andrews is the current CEO of OncoCyte.

Is OncoCyte a funded company?

OncoCyte is a funded company, having raised a total of $15.35M across 11 funding rounds to date. The company's 1st funding round was a Post-IPO of $15.81M, raised on May 13, 2015.

How many employees does OncoCyte have?

As of Dec 31, 2024, the latest employee count at OncoCyte is 49.

What is the annual revenue of OncoCyte?

Annual revenue of OncoCyte is $1.88M as on Dec 31, 2024.

What does OncoCyte do?

Founded in 2009 and based in Irvine, United States, non-invasive diagnostic tests for cancer are developed by the company. Operations focus on analyzing blood and urine samples for biomarkers through gene expression patterns compared against a database of known cancers. Tests such as DetermaRx for non-squamous NSCLC and DetermaRx EGFR for early-stage NSCLC are offered, enabling identification of lung, breast, and bladder cancers in the biotechnology sector.

Who are the top competitors of OncoCyte?

OncoCyte's top competitors include Biodesix, Mirvie and Oncimmune.

What products or services does OncoCyte offer?

OncoCyte offers DetermaCNI, DetermaIO, VitaGraft Kidney, VitaGraft Liver, and GraftAssure.

Is OncoCyte publicly traded?

Yes, OncoCyte is publicly traded on NASDAQ under the ticker symbol IMDX.

How many acquisitions has OncoCyte made?

OncoCyte has made 2 acquisitions, including Chronix Biomedical, and Insight Genetics.

Who are OncoCyte's investors?

OncoCyte has 2 investors. Key investors include SG Americas Securities, and Pura Vida.

What is OncoCyte's ticker symbol?

The ticker symbol of OncoCyte is IMDX on NASDAQ.

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