PacBio

Menlo Park, United States Founded: 2004 • Age: 22 yrs
Instrument systems and software for single-molecule real-time sequencing are developed.
Annual revenue $154.0M Latest available
Total funding $395.0M 11 rounds
Employees 575 Tracked headcount
Investors 21 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About PacBio

PacBio is a company based in Menlo Park (United States) founded in 2004. PacBio has raised $395 million across 11 funding rounds from investors including Morgan Stanley, Kleiner Perkins and SoftBank Group. The company has 575 employees as of December 31, 2024. PacBio has completed 2 acquisitions, including Circulomics and Omniome. PacBio operates in a competitive market with competitors including Nanopore, Omniome, Complete Genomics, QuantuMDx and Bionano, among others.

  • Headquarter Menlo Park, United States
  • Employees 575 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pacific Biosciences Of California, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $154.01 M (USD)
    -23.19
    as on Dec 31, 2024
  • Net Profit
    -$309.85 M (USD)
    -1.02
    as on Dec 31, 2024
  • EBITDA
    -$212.1 M (USD)
    23.61
    as on Dec 31, 2024
  • Total Equity Funding
    $395 M (USD)

    in 11 rounds

  • Latest Funding Round
    $900 M (USD), Post-IPO

    Feb 10, 2021

  • Investors
  • Employee Count
    575

    as on Dec 31, 2024

  • Investments & Acquisitions
    Circulomics

    & 1 more

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IPO & Listings of PacBio

PacBio is a publicly listed company on the NASDAQ with ticker symbol PACB 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: PACB · Sector: Health technology · USA

People of PacBio

Headcount 500-1000
Employee Profiles 51
Board Members and Advisors 8
Employee Profiles
People
Christian Henry
CEO & President
People
Brett Atkins
General Counsel
People
Mark Van Oene
COO
People
Natalie Welch
Chief People Officer

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Board Members and Advisors
people
Lucy Shapiro
Director
people
David Botstein
Director
people
Randy Livingston
Director
people
John F. Milligan
Chairman

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Funding Insights of PacBio

PacBio has successfully raised a total of $395M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $900 million completed in February 2021. 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.

Investors in PacBio

PacBio has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Kleiner Perkins and SoftBank Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are managed in technology and healthcare sectors by this firm.
Locked Locked Locked
Mid-stage venture capital investments and support for tech entrepreneurs.
Locked Locked Locked
Early stage venture capital firm investing in the US
Locked Locked Locked
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Investor details for PacBio

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by PacBio

PacBio has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Circulomics and Omniome.

Investments
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Investment portfolio details for PacBio

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Genome sequencing platform is provided for clinical diagnostics.
Locked Locked 2013 Locked
Platforms for genome profiling and biomarker analysis are developed.
Locked Locked 2009 Locked
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Complete acquisition details for PacBio

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Financial Statements - PacBio

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Detailed financials for PacBio

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Pacbio Comparisons

PacBio Primary company
Description
Instrument systems and software for single-molecule real-tim...
Location
Menlo Park, United States
Founded Year
2004
Annual Revenue
$154.01 M (USD)
Net Profit
-$309.85 M (USD)
EBITDA
-$212.1 M (USD)
Employees
575
As of 2024
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Peer comparison for PacBio

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Competitors of PacBio

PacBio 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, Omniome, Complete Genomics, QuantuMDx and Bionano, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Nanopore-based electronic systems for single-molecule analysis are developed.
Locked Locked Locked
Genome sequencing platform is provided for clinical diagnostics.
Locked Locked Locked
DNA sequencing platform for human genome analysis is developed.
Locked Locked Locked
Handheld diagnostic and sequencing devices are developed for personalized healthcare.
Locked Locked Locked
Provider of genome analysis solutions to researchers and clinicians
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Detailed competitors of PacBio

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Latest news on Pacbio

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Complete news archive for PacBio

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about PacBio

PacBio was founded in 2004 and raised its 1st funding round 3 years after it was founded.

PacBio is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Christian Henry is the current CEO of PacBio.

PacBio is a funded company, having raised a total of $395M across 11 funding rounds to date.

As of Dec 31, 2024, the latest employee count at PacBio is 575.

Annual revenue of PacBio is $154.01M as on Dec 31, 2024.

PacBio was founded in 2004 in Menlo Park, United States, within the biotechnology sector. Instrument systems and associated software for real-time sequencing of single molecules are developed by the company. A sequencing platform based on two proprietary technologies is utilized to enable this process. Analytical software for refining sequence data processing and generating reports is also provided, supporting operations in genomic research across the United States.

PacBio's top competitors include Nanopore, QuantuMDx and Complete Genomics.

Yes, PacBio is publicly traded on NASDAQ under the ticker symbol PACB.

PacBio has made 2 acquisitions, including Circulomics, and Omniome.

PacBio has 21 investors. Key investors include Morgan Stanley, Kleiner Perkins, SoftBank Group, Blackstone, and AllianceBernstein.

The ticker symbol of PacBio is PACB on NASDAQ.

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