Progenity

San Diego, United States Founded: 2011 • Age: 15 yrs Listed
Non-invasive prenatal genomic testing is provided for genetic disorders.

About Progenity

Progenity is a company based in San Diego (United States) founded in 2011 by Harry Stylli. Progenity has raised $216.63 million across 9 funding rounds from investors including Athyrium Capital Management. The company has 125 employees. Progenity has completed 1 acquisition, including Carmenta Bio. Progenity offers products and services including BioJet and NaviCap. Progenity operates in a competitive market with competitors including Natera, BillionToOne, SYNLAB, Beikang Medical and Yourgene Health, among others.

  • Headquarter San Diego, United States
  • Employees 125
  • Founders Harry Stylli
  • Stage Public
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website progenity.com
  • Social LinkedIn X
  • Legal Name Biora Therapeutics, Inc.
Key Metrics
  • Annual Revenue
    $1.25 M (USD)
    670
    as on Dec 31, 2021
  • Total Equity Funding
    $216.63M (USD)

    in 9 rounds

  • Latest Funding Round
    $40M (USD), Post-IPO

    May 2021

  • Investors
  • Employee Count
    125
  • Investments & Acquisitions

Products & Services of Progenity

Progenity offers a comprehensive portfolio of products and services, including BioJet and NaviCap.

BioJet
Oral Delivery Platform

Provides needle-free oral delivery of large molecules for chronic diseases.

NaviCap
Targeted Delivery Platform

Enables targeted oral delivery of therapeutics in specific body areas.

Funding Insights of Progenity

Progenity has successfully raised a total of $216.63M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $40 million completed in May 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.

  • Total Funding $216.63M
  • Total Rounds 9
  • Last Round Post-IPO β€” $40M
  • First Round $13.5M

    (Jun 2013)

  • Investors Count 1

All 9 funding rounds of Progenity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$40MPost-IPO––
–
Feb 2021–Post-IPO––
–
Dec 2020$75MPost-IPO––
–
Apr 2020$10MSeries B––
–
Nov 2019$31.12MSeries B––
–
Sep 2019$25MSeries B––
–
Nov 2017$125MSeries B–Athyrium Capital Management
–
Aug 2016$12MSeries B––
–
Jun 2013$13.5MSeries B–Athyrium Capital Management
–
Valuation history

1 investors in total: 1 institutional.

Investors in Progenity

Progenity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Athyrium Capital Management.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Global private equity investments are managed by the firm.
–athyrium.comNew York, United States
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Investor details for Progenity

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People of Progenity

21 people are tracked at Progenity (6 in leadership, 14 in board & advisors, 1 in team); the tracked headcount is 125.

NameRoleGroup
Harry Stylli
Founder & CEOLeadership
Eric D’Esparbes
CFOLeadership
Robyn Hatton
VP, HRLeadership
Adi Mohanty
CEOLeadership
Chris Wahl
VP, Strategy & Business DevelopmentLeadership
Paul Shabram
Head of Technical OperationsLeadership
Lynne Powell
DirectorBoard & advisors
Brian Kotzin
DirectorBoard & advisors
Bruce Sands
Clinical Advisor, Inflammatory Bowel DiseaseBoard & advisors
William Sandborn
Chair, Clinical Advisory Board, Inflammatory Bowel DiseaseBoard & advisors
William Chey
Clinical Advisor, SIBO & Functional Bowel DisordersBoard & advisors
Satish Rao
Chair, Clinical Advisory Board, SIBO & Functional Bowel DisordersBoard & advisors
Anthony Lembo
Clinical Advisor, SIBO & Functional Bowel DisordersBoard & advisors
Geert D’Haens
Clinical Advisor, Inflammatory Bowel DiseaseBoard & advisors
Mark Pimentel
Clinical Advisor, SIBO & Functional Bowel DisordersBoard & advisors
Jill Howe
DirectorBoard & advisors
Surbhi Sarna
DirectorBoard & advisors
Séverine Vermeire
Clinical Advisor, Inflammatory Bowel DiseaseBoard & advisors
Jeffrey Ferrell
DirectorBoard & advisors
Jeffrey Alter
Chair, Board of DirectorsBoard & advisors

1 more people are available in the full profile.

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Complete people profiles for Progenity

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Investments & Acquisitions by Progenity

Progenity has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Carmenta Bio.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Diagnostics for women's health
carmentabio.comPalo Alto, United States2012Apr 2015β€’β€’β€’β€’
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Complete acquisition details for Progenity

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  • Exports

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Timeline of Progenity

5 dated milestones of Progenity across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Progenity is founded.
  2. Funding First funding round of $13.5M.
  3. Acquisition Acquires Carmenta Bio.
  4. IPO Lists on the stock exchange (IPO).
  5. Funding Latest funding round, Post-IPO, of $40.0M.

Competitors of Progenity

Progenity 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 Natera, BillionToOne, SYNLAB, Beikang Medical and Yourgene Health, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
natera.com2004Redwood, United States$152.1M3,293
Developer of cell-free DNA testing for oncology, women’s health, and organ health
billiontoone.com2015San Francisco, United States$388.62M47
Provider of cell-free cancer liquid biopsy test
synlab.com1998Munich, Germany–28,693
Provider of medical diagnosis and clinical laboratory analysis services
basecare.cn2010Suzhou, China$36.52M–
NGS-based diagnostic solutions for neonatal screening are developed.
yourgene-health.com2000Manchester, United Kingdom–2
Non-invasive prenatal genetic tests and genomic services are provided.
sequenom.com1994San Diego, United States–524
Noninvasive prenatal testing using cell-free fetal nucleic acids is offered.
pictordx.com2005Auckland, New Zealand$11.1M–
Immunodiagnostic products are developed via multiplexed assays.
identifai-genetics.com2020Tel Aviv, Israel$9.8M–
Non-invasive prenatal screening for genetic syndromes is provided.
berrygenomics.com2010Beijing, China$16M–
Next-generation sequencing solutions for genetic and oncology testing are developed.
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Detailed competitors of Progenity

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Web traffic of Progenity

Websites that share an audience with Progenity (progenity.com).

Similar websites

Websites whose visitors overlap most with Progenity. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
panoramatest.com
panoramatest.com
100%
–––
forums.thebump.com
forums.thebump.com
98%
–––
cff.org
59%
211.4K#262,012View details
medgadget.com
medgadget.com
59%
–––
news-medical.net
40%
680.7K#40,879View details

Latest news on Progenity

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Complete news archive for Progenity

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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  • Brand-specific news history

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Similar companies to Progenity

10 companies that operate in the same segment as Progenity (Genomics & Gene Therapy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M2,020
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 3.22 BUSD 147.17 M1,000
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.3 BUSD 301.49 M1,480
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
2006Sunnyvale, California, United StatesUSD 943.53 MUSD 189.9 M265
Provider of DNA testing services to create a family tree and ancestor
2003Yehud, Central District, IsraelUSD 40 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Gene therapies for rare diseases including retinal dystrophies are developed.
2013Philadelphia, Pennsylvania, United StatesUSD 82.8 MUSD 64.73 M822
Therapeutics for genetic diseases are developed through targeted interventions.
2015Palo Alto, California, United StatesUSD 434.2 MUSD 502.08 M730
Provider of an online genealogy platform offering a host of services
1996Lehi, Utah, United StatesUSD 146.2 M––
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Frequently Asked Questions about Progenity

Progenity was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Progenity is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Harry Stylli is the current CEO of Progenity. They have also founded this company.

Progenity is a funded company, having raised a total of $216.63M across 9 funding rounds to date. The company's 1st funding round was a Series B of $13.5M, raised on Jun 2013.

Progenity has 125 employees.

Annual revenue of Progenity is $1.25M as on Dec 31, 2021.

Provider of non-invasive prenatal genomic testing. The companys diagnostic platform is based on genomics, epigenomics, proteomics, and metabolomics. The companys products include a Preparent carrier test for prenatal genetic disorders, an Innatal prenatal screen for chromosomal-related disorders, hereditary cancer risk prediction, and Resura prenatal test for detecting monogenic disorders. The company also developing precision medicine for prenatal, perinatal, oncology, and gastroenterology diseases.

Progenity's top competitors include Natera, BillionToOne and Pictor.

Progenity offers BioJet and NaviCap.

Progenity has made 1 acquisition, including Carmenta Bio.

Progenity has 1 investor. Key investors include Athyrium Capital Management.

Progenity operates through Biora Therapeutics, Inc..

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