About RNA Diagnostics
RNA Diagnostics is a company based in Toronto (Canada) founded in 2010.. RNA Diagnostics has raised $13.87 million across 5 funding rounds from investors including BDC and iGan Partners. The company has 49 employees as of May 27, 2025. RNA Diagnostics offers products and services including Veridapt DX. RNA Diagnostics operates in a competitive market with competitors including Denali Therapeutics, MiRagen, Poseida Therapeutics, Juno Therapeutics and Castle Biosciences, among others.
- Headquarter Toronto, Canada
- Employees 49 as on 27 May, 2025
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Rna Diagnostics Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.87 M (USD)
in 5 rounds
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Latest Funding Round
$34.71 K (USD), Series A
Dec 19, 2024
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Investors
BDC
& 1 more
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Employee Count
49
as on May 27, 2025
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Products & Services of RNA Diagnostics
RNA Diagnostics offers a comprehensive portfolio of products and services, including Veridapt DX. 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.
Measures early tumor response to cancer drugs for treatment guidance.
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Funding Insights of RNA Diagnostics
RNA Diagnostics has successfully raised a total of $13.87M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $34.71 thousand completed in December 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 Funding
- Total Rounds 5
- Last Round Series A — $34,710
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First Round
First Round
(21 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - RNA Diagnostics | Valuation |
investors |
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| Nov, 2024 | Amount | Series A - RNA Diagnostics | Valuation |
investors |
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| Sep, 2021 | Amount | Series A - RNA Diagnostics | Valuation | BDC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RNA Diagnostics
RNA Diagnostics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC and iGan Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare-focused venture capital is provided by iGan Partners.
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Founded Year | Domain | Location | |
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Commercial banking services for small and medium-sized enterprises are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RNA Diagnostics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RNA Diagnostics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rna Diagnostics Comparisons
Competitors of RNA Diagnostics
RNA 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 Denali Therapeutics, MiRagen, Poseida Therapeutics, Juno Therapeutics and Castle Biosciences, 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 |
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| domain | founded_year | HQ Location |
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
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| domain | founded_year | HQ Location |
MicroRNA-based therapeutics are developed for treating multiple diseases.
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Developer of gene therapies for treating cancer and liver orphan disease by using gene editing technologies
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CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
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Precision diagnostic and prognostic tests are developed by Castle Biosciences.
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| domain | founded_year | HQ Location |
Therapeutics for aging diseases are developed by targeting senescent cells.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rna Diagnostics
Frequently Asked Questions about RNA Diagnostics
When was RNA Diagnostics founded?
RNA Diagnostics was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is RNA Diagnostics located?
RNA Diagnostics is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is RNA Diagnostics a funded company?
RNA Diagnostics is a funded company, having raised a total of $13.87M across 5 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Sep 21, 2015.
How many employees does RNA Diagnostics have?
As of May 27, 2025, the latest employee count at RNA Diagnostics is 49.
What does RNA Diagnostics do?
RNA Diagnostics was established in 2010 in Toronto, Canada, within the biotechnology sector. Focus is placed on developing diagnostic assays to detect cancer, particularly breast cancer. The primary product, RNA Disruption Assay (RDA), is utilized to evaluate chemotherapy response by analyzing rRNA disruption levels in biopsy samples. Operations center on advancing these assays for clinical applications in oncology.
Who are the top competitors of RNA Diagnostics?
RNA Diagnostics's top competitors include Juno Therapeutics, Poseida Therapeutics and Denali Therapeutics.
What products or services does RNA Diagnostics offer?
RNA Diagnostics offers Veridapt DX.
Who are RNA Diagnostics's investors?
RNA Diagnostics has 2 investors. Key investors include BDC, and iGan Partners.