RareCyte

Seattle, United States Founded: 2009 • Age: 17 yrs
Developer of technologies for the analysis of rare and single cells in the blood
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About RareCyte

RareCyte is a company based in Seattle (United States) founded in 2009.. RareCyte has raised $114.33 million across 9 funding rounds from investors including Agilent, HHS and The Forest Road Company. RareCyte offers products and services including Orion Spatial Imager, CyteFinder II, AccuCyte Sample Prep System, RarePlex Panel Kits, and Precision Biology Services. RareCyte operates in a competitive market with competitors including ArcherDX, Neogen, Parse Biosciences, Qiagen and Variantyx, among others.

  • Headquarter Seattle, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rarecyte, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $114.33 M (USD)

    in 9 rounds

  • Latest Funding Round
    $20 M (USD), Series C

    Jun 27, 2024

  • Investors
    Agilent

    & 11 more

  • Employee Count
    Employee Count
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Products & Services of RareCyte

RareCyte offers a comprehensive portfolio of products and services, including Orion Spatial Imager, CyteFinder II, AccuCyte Sample Prep System, RarePlex Panel Kits, and Precision Biology 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

Enables high-plex spatial imaging for faster research insights.

Automates rare cell imaging and retrieval for clinical applications.

Prepares samples for liquid biopsy and molecular analysis.

Facilitates biomarker detection in spatial biology studies.

Offers custom assay development for research and trials.

People of RareCyte
Headcount 10-50
Employee Profiles 26
Board Members and Advisors 5
Employee Profiles
People
Pannha Kongbouakhay
Field Applications Scientist
People
S. Ray Kenney
Sr Field Applications Scientist
People
Steve Reese
SVP, Engineering
People
Josh Nordberg
VP, Customer Success

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Board Members and Advisors
people
Jan Garfinkle
Board Member, Investor

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Funding Insights of RareCyte

RareCyte has successfully raised a total of $114.33M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in June 2024. 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 9
  • Last Round Series C — $20.0M
  • First Round
  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series C - RareCyte Valuation F-Prime Capital , Arboretum Ventures
Jul, 2023 Amount Series C - RareCyte Valuation

investors

Sep, 2021 Amount Series C - RareCyte Valuation Arboretum Ventures
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 RareCyte

RareCyte has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Agilent, HHS and The Forest Road Company. 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
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
Founded Year Domain Location
Healthcare venture capital investments are made by Arboretum Ventures.
Founded Year Domain Location
Investments are focused on tech and life sciences startups.
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 RareCyte

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 - RareCyte

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

Rarecyte Comparisons

Employees
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Competitors of RareCyte

RareCyte 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 ArcherDX, Neogen, Parse Biosciences, Qiagen and Variantyx, 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
Molecular cancer diagnostic products are developed using patented AMP technology.
domain founded_year HQ Location
Manufacturer of products in the areas of veterinary diagnostics, life sciences, DNA testing, and drug testing
domain founded_year HQ Location
RNA-sequencing transcriptome kits for health data analysis are developed.
domain founded_year HQ Location
Products and reagents for molecular diagnostic assays are supplied.
domain founded_year HQ Location
Genomics data analysis platform for healthcare diagnostics is offered.
domain founded_year HQ Location
Molecular diagnostic assays are developed for target DNA sequence detection.
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 RareCyte

When was RareCyte founded?

RareCyte was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is RareCyte located?

RareCyte is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is RareCyte a funded company?

RareCyte is a funded company, having raised a total of $114.33M across 9 funding rounds to date. The company's 1st funding round was a Series C of $24M, raised on Aug 21, 2012.

What does RareCyte do?

RareCyte was founded in 2009 in Seattle, United States, within the biotechnology sector. Technologies are provided for the preparation and multiparametric phenotypic analysis of rare cells from blood samples. Individual rare cell capture and retrieval for genomic analysis are supported. The platform integrates AccuCyte, a blood separation system, with CyteFinder, an instrument for cell imaging and analysis, facilitating operations in clinical and research settings.

Who are the top competitors of RareCyte?

RareCyte's top competitors include Neogen, ImaginAb and Qiagen.

What products or services does RareCyte offer?

RareCyte offers Orion Spatial Imager, CyteFinder II, AccuCyte Sample Prep System, RarePlex Panel Kits, and Precision Biology Services.

Who are RareCyte's investors?

RareCyte has 12 investors. Key investors include Agilent, HHS, The Forest Road Company, F-Prime Capital, and Arboretum Ventures.

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