Proof Diagnostics

Cambridge, United States Founded: 2020 • Age: 6 yrs Acquired By Ginkgo Bioworks
CRISPR-based COVID-19 molecular testing devices are manufactured.
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About Proof Diagnostics

Proof Diagnostics is a company based in Cambridge (United States) founded in 2020 by Omar Abudayyeh, Feng Zhang, and Jonathan Gootenberg was acquired by Ginkgo Bioworks in February 2024.. Proof Diagnostics operates in a competitive market with competitors including Curative, Pictor, Biolidics, FluroTech and Aptitude Medical, among others.

  • Headquarter Cambridge, United States
  • Founders Omar Abudayyeh, Feng Zhang, Jonathan Gootenberg
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ginkgo Bioworks

    (Feb 28, 2024)

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People of Proof Diagnostics
Headcount 10-50
Employee Profiles 5
Board Members and Advisors 6
Employee Profiles
People
Hedia Maamar
Chief Scientific Officer
People
Ragu Vijaykumar
Head of Digital Health & Systems Integration
People
Andy Golden
Director of Process Development
People
Ralph Hanna
VP, Operations

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Board Members and Advisors
people
Jonathan Gootenberg
Co-Founder
people
Feng Zhang
Co-Founder

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Funding Insights of Proof Diagnostics

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 Proof Diagnostics

Proof Diagnostics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ginkgo Bioworks. 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
Institutional
Investor Description Founded Year Domain Location
Gene editing-based cultured ingredients are provided for agriculture.
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 Proof Diagnostics

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 - Proof Diagnostics

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

Proof Diagnostics Comparisons

Employees
+
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Competitors of Proof Diagnostics

Proof Diagnostics 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 Curative, Pictor, Biolidics, FluroTech and Aptitude Medical, 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
Curative is recognized for providing affordable employer-sponsored health insurance.
domain founded_year HQ Location
Immunodiagnostic products are developed via multiplexed assays.
domain founded_year HQ Location
Cell enrichment systems are provided for cancer diagnosis and treatment.
domain founded_year HQ Location
Smart devices for in-house cannabis and hemp testing are provided.
domain founded_year HQ Location
Provider of at-home COVID and COVID/Flu tests
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 Proof Diagnostics

Frequently Asked Questions about Proof Diagnostics

When was Proof Diagnostics founded?

Proof Diagnostics was founded in 2020.

Where is Proof Diagnostics located?

Proof Diagnostics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

What does Proof Diagnostics do?

Proof Diagnostics, founded in 2020 in Cambridge, United States, focuses on life sciences, infectious diseases, in vitro diagnostic tests, viral, and sars-cov-2. Manufacturer of CRISPR based Covid-19 molecular testing device. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Proof Diagnostics?

Proof Diagnostics's top competitors include Curative, Pictor and Biolidics.

Who are Proof Diagnostics's investors?

Proof Diagnostics has 1 investor. Key investors include Ginkgo Bioworks.

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