Scipher Medicine

Waltham, United States Founded: 2014 • Age: 12 yrs
Precision medicine is delivered via liquid biopsy blood tests.

About Scipher Medicine

Scipher Medicine is a Healthcare company based in Waltham (United States) founded in 2014 by Joseph Loscalzo, Albert-Laszlo Barabasi, and Marcell Veidner. Precision medicine is delivered via liquid biopsy blood tests. Scipher Medicine has raised $232.56 million across 9 funding rounds from investors including Khosla Ventures, TD Securities and Neuberger Berman. The company has 106 employees. Scipher Medicine has completed 2 acquisitions, including CrossBridge and Yet2. Its chief executive, as recorded, is Alif Saleh. Scipher Medicine offers products and services including Spectra AI Platform, Diagnostics, and Data Lake. Its focus areas include Life Sciences, Genomics, Applied Genomics and Clinical Genomics. Its competitors include Guardant Health, GRAIL and Thrive Earlier Detection; 3 of its 3 listed competitors have raised funding.

Company details

Scipher Medicine was founded in 2014 in Waltham, United States, within the biotechnology sector. Precision medicine services are offered through a platform that analyzes blood test reports to determine suitable drugs for patients. The PrismRA test is provided to predict responses to anti-TNF therapy prior to prescription. Focus is placed on autoimmune, neurological, and cardiovascular diseases, with operations centered on liquid biopsy technologies.

  • Headquarters Waltham, United States
  • Employees 106
  • Founders Joseph Loscalzo, Albert-Laszlo Barabasi, Marcell Veidner
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Website sciphermedicine.com
  • Social LinkedIn X Facebook
  • Legal Name Scipher Medicine
Key Metrics
  • Total Equity Funding
    $232.56M (USD)

    in 9 rounds

  • Latest Funding Round
    $5.85M (USD), Series D

    May 2024

  • Investors
  • Employee Count
    106
  • Investments & Acquisitions

Products & Services of Scipher Medicine

Scipher Medicine offers a comprehensive portfolio of products and services, including Spectra AI Platform, Diagnostics, and Data Lake.

Spectra AI Platform
AI Analytics

Platform for analyzing patient data to optimize therapy selection.

Diagnostics
Medical Services

Tools for biomarker-based therapy decisions in autoimmune diseases.

Data Lake
Data Management

System for storing and analyzing clinical data for research insights.

Funding Insights of Scipher Medicine

Scipher Medicine has successfully raised a total of $232.56M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $5.85 million completed in May 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 $232.56M
  • Total Rounds 9
  • Last Round Series D β€” $5.85M
  • First Round $600,000

    (Dec 2015)

  • Investors Count 14

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

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$5.85MSeries D––
–
Feb 2022$110MSeries D–Cowen
Mar 2021$82MSeries C–aMoon, Northpond Ventures
Feb 2020Series B–Optum Ventures
–
Oct 2019$25MSeries B–Northpond Ventures
Aug 2018$8.53MSeries A–Khosla Ventures
–
May 2018$795,000Debt – Conventional––
–
Oct 2016$575,000Seed––
–
Dec 2015$600,000Seed––
–
Valuation history

14 investors in total: 14 institutional.

Investors in Scipher Medicine

Scipher Medicine has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Khosla Ventures, TD Securities and Neuberger Berman.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Secondary market fund focused on LP and direct secondary transactions
1993nb.comNew York, United States
Venture capital funding is provided for technology and healthcare companies.
hitachi-ventures.comMunich, Germany
Venture capital investments in healthcare are focused on by aMoon.
amoon.fund
Early-stage startups are funded by this venture capital firm.
2004khoslaventures.comMenlo Park, United States
Venture capital firm investing in life sciences & tech sectors
npv.vcCambridge, United States
Early-stage tech and offline focused VC firm funding companies in the US
optumventures.comBoston, United States
Venture capital investing and portfolio management services for accredited investors.
av.vc
Healthcare companies receive investments from Echo Health Ventures.
echohealthventures.comSeattle, United States
tachyon.vc
Granpool is recognized as a venture capital investment firm.
granpool.comLuxembourg, Luxembourg
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Investor details for Scipher Medicine

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People of Scipher Medicine

27 people are tracked at Scipher Medicine (14 in leadership, 1 in board & advisors, 12 in team); the tracked headcount is 106.

NameRoleGroup
Joseph Loscalzo
Co-FounderLeadership
Albert-Laszlo Barabasi
Co-FounderLeadership
Marcell Veidner
Co-FounderLeadership
Alif Saleh
CEOLeadership
Cali Clark
Director Billing OperationsLeadership
Kevin Lewtas
Vice President FinanceLeadership
Michael King
Chief Financial OfficerLeadership
Ingo Chakravarty
Interim CEOLeadership
Bobby Hill
Chief Commercial OfficerLeadership
Robert Hill
Chief Commercial Officer (CCO)Leadership
Kyla Pavlina
Chief People OfficerLeadership
Sarah Rapisardo
Director, Laboratory OperationsLeadership
Rhonda Gomez
Director Of FinanceLeadership
Caitlin Brown
Director Of Business DevelopmentLeadership
Joe Loscalzo
Co-FounderBoard & advisors
Stacey K.
Quality ContractorTeam
Lindsay McKeown
Administrative Assistant / Office ManagerTeam
Jamiece Hargrove
Assistant Laboratory TechnicianTeam
Ryan Palmer
Account ExecutiveTeam
Jack Bernardon
Senior Manager, Business DevelopmentTeam

7 more people are available in the full profile.

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Investments & Acquisitions by Scipher Medicine

Scipher Medicine has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CrossBridge and Yet2.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Chronic care planning and management software is provided.
crossbridge.comWayne, United States1997Jan 2023β€’β€’β€’β€’
Management consulting, technology scouting, and licensing services are provided.
yet2.comWaltham, United States1999Dec 2002$6.01M
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Timeline of Scipher Medicine

5 dated milestones of Scipher Medicine across 22 years, from founding to its latest funding, stage changes and deals.

  1. Acquisition Acquires Yet2.
  2. Founded Scipher Medicine is founded.
  3. Funding First funding round of $600K.
  4. Acquisition Acquires CrossBridge.
  5. Funding Latest funding round, Series D, of $5.8M.

Competitors of Scipher Medicine

Scipher Medicine has 3 listed competitors in our database, 3 of them funded. They include Guardant Health, GRAIL and Thrive Earlier Detection.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
guardanthealth.com2012Redwood, United States$557.5M1,351
Digital sequencing technology for cancer detection is developed.
grail.com2016Menlo Park, United States$2B491
Circulating tumor DNA is screened for early cancer detection.
thrivedetect.com2019Cambridge, United States$367M138
Blood-based liquid biopsy tests for multiple cancer detection are provided.
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Detailed competitors of Scipher Medicine

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

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Web traffic of Scipher Medicine

The website of Scipher Medicine (sciphermedicine.com) receives about 2.2K visits a month and ranks #4,852,187 among all websites worldwide, #5,688 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    2.2K

    ▼ 29% vs previous month

  • Unique visitors
    1.3K

    per month

  • Global rank
    #4,852,187

    among all websites

  • Category rank
    #5,688

    Health · Biotechnology and Pharmaceuticals

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
precisionmedicinegrp.com
100%
9.5K#2,514,688View details

Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as Scipher Medicine (Genomics & Gene Therapy Platforms) in United States, 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 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Related news about Scipher Medicine

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Frequently Asked Questions about Scipher Medicine

Scipher Medicine was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Scipher Medicine is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Alif Saleh is the CEO of Scipher Medicine, as recorded in our data.

Scipher Medicine is a funded company, having raised a total of $232.56M across 9 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Dec 2015.

Scipher Medicine has 106 employees.

Scipher Medicine was founded in 2014 in Waltham, United States, within the biotechnology sector. Precision medicine services are offered through a platform that analyzes blood test reports to determine suitable drugs for patients. The PrismRA test is provided to predict responses to anti-TNF therapy prior to prescription. Focus is placed on autoimmune, neurological, and cardiovascular diseases, with operations centered on liquid biopsy technologies.

Scipher Medicine's top competitors include Guardant Health, GRAIL and Thrive Earlier Detection.

Scipher Medicine offers Spectra AI Platform, Diagnostics, and Data Lake.

Scipher Medicine has made 2 acquisitions, including CrossBridge, and Yet2.

Scipher Medicine has 14 investors. Key investors include Khosla Ventures, TD Securities, Neuberger Berman, Monashee Investment Management, and Hitachi Ventures.

Scipher Medicine operates through Scipher Medicine.

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