Thrive Earlier Detection

Cambridge, United States Founded: 2019 • Age: 7 yrs Acquired By Exact Sciences
Blood-based liquid biopsy tests for multiple cancer detection are provided.

About Thrive Earlier Detection

Thrive Earlier Detection is a company based in Cambridge (United States) founded in 2019 was acquired by Exact Sciences in October 2020. Thrive Earlier Detection has raised $367 million across 3 funding rounds from investors including Exact Sciences, Intermountain Healthcare and Brown Advisory. The company has 138 employees. Thrive Earlier Detection operates in a competitive market with competitors including Guardant Health, GRAIL, Natera, Foundation Medicine and ArcherDX, among others.

  • Headquarter Cambridge, United States
  • Employees 138
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website thrivedetect.com
  • Social LinkedIn X
  • Acquired by Exact Sciences (Oct 2020)
  • Legal Name Thrive Earlier Detection Corp
Key Metrics
  • Total Equity Funding
    $367M (USD)

    in 3 rounds

  • Latest Funding Round
    $257M (USD), Series B

    Jul 2020

  • Investors
  • Employee Count
    138
  • Acquired by

Funding Insights of Thrive Earlier Detection

Thrive Earlier Detection has successfully raised a total of $367M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $257 million completed in July 2020. 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 $367M
  • Total Rounds 3
  • Last Round Series B β€” $257M
  • First Round $110M

    (May 2019)

  • Investors Count 21

All 3 funding rounds of Thrive Earlier Detection with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$257MSeries B–Casdin Capital, S32
Jul 2019$2.2MGrant––
May 2019$110MSeries A–Third Rock Ventures
Valuation history

21 investors in total: 21 institutional.

Investors in Thrive Earlier Detection

Thrive Earlier Detection has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Exact Sciences, Intermountain Healthcare and Brown Advisory.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are focused on pharmaceutical, biotechnology, and medical sectors.
–baincapitallifesciences.comBoston, United States
Investing in Life Sciences sectors like Healthcare and Biotechnology.
–casdincapital.com-
Multiple sectors are targeted for venture capital investments.
1934janushenderson.comLondon, United Kingdom
Seed and early-stage technology companies are funded by Lux Capital.
–luxcapital.comMenlo Park, United States
Health-tech companies are targeted for venture capital investments.
1999perceptivelife.comNew York, United States
Early-stage and late-stage biotech and finance companies are funded.
–rockspringscapital.comBaltimore, United States
Tech startups are funded by S32, a venture capital entity.
–s32.comSunnyvale, United States
Venture capital funding is provided to early-stage life science companies.
–thirdrockventures.comBoston, United States
Early-stage tech and life sciences focused VC firm investing primarily in the US
–biomaticscapital.comSeattle, United States
Long-term private equity investments in transformational opportunities are pursued.
–invus.comNew York, United States
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Investor details for Thrive Earlier Detection

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People of Thrive Earlier Detection

636 people are tracked at Thrive Earlier Detection (188 in leadership, 9 in board & advisors, 439 in team); the tracked headcount is 138.

NameRoleGroup
Michelle Beidelschies
Medical Affairs Director, Multi-cancer Early Detection - ThriveLeadership
Isaac Kinde
VP Technology AssessmentLeadership
Anurag Gupta
Director, APAC - Indirect MarketsLeadership
Jessica Angelos Castro
Emerging Capabilities, Strategic Innovation, And Partnerships- Growth Initiatives, Senior DirectorLeadership
Kevin Conroy
Chairman & CEOLeadership
Kristin Lamont
Director Medical Education & InformationLeadership
Alex S.
Associate Director, International AccountingLeadership
Mark Hollenbeck
Associate Director, Enterprise DataLeadership
Patrick Tibbetts
Associate Director Of Data EngineeringLeadership
Amir Khan
Chief Information Security OfficerLeadership
Raj Pudipeddi
Chief Growth OfficerLeadership
Sean Rollins
Director, IT Business Relationship Management - R&d And Corporate StrategyLeadership
Whitney Rusch
Director, Enterprise PlatformsLeadership
Roman Mey
Director – Global IT Support Center ServicesLeadership
Courtney Cerdena
Sr. Director Of IT Solution DeliveryLeadership
Matt Ford
Senior Director, Commercial Performance And TrainingLeadership
Rebeca Monsma
Principal Human Resources Business PartnerLeadership
Bradley Arrick
Director, Oncology Medical DevelopmentLeadership
Eric Gagne
Lab DirectorLeadership
Bryan Maring
Director, Global Compliance Policy & TrainingLeadership

616 more people are available in the full profile.

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Complete people profiles for Thrive Earlier Detection

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Timeline of Thrive Earlier Detection

4 dated milestones of Thrive Earlier Detection across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Thrive Earlier Detection is founded.
  2. Funding First funding round of $110.0M.
  3. Funding Latest funding round, Series B, of $257.0M.
  4. Exit Acquired by Exact Sciences.

Competitors of Thrive Earlier Detection

Thrive Earlier Detection 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 Guardant Health, GRAIL, Natera, Foundation Medicine and ArcherDX, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
guardanthealth.com2012Redwood, United States$557.5M1,351
Digital sequencing technology for cancer detection is developed.
grail.com2016Menlo Park, United States$3.22B491
Circulating tumor DNA is screened for early cancer detection.
natera.com2004Redwood, United States$152.1M3,293
Developer of cell-free DNA testing for oncology, women’s health, and organ health
foundationmedicine.com2010Cambridge, United States$96.5M1,707
Genomics-based diagnostic tests for cancer are provided.
archerdx.com2013Boulder, United States$152.6M429
Molecular cancer diagnostic products are developed using patented AMP technology.
strandls.com2000Bengaluru, India$34.88M532
Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery
prenetics.com2009Hong Kong, China$67.65M–
Health risks are identified through online genetic and diagnostic testing.
veracyte.com2008San Francisco, United States$67.9M815
Genomics-based diagnostic tests for cancer are developed.
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Detailed competitors of Thrive Earlier Detection

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Latest news on Thrive Earlier Detection

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Similar companies to Thrive Earlier Detection

10 companies that operate in the same segment as Thrive Earlier Detection (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 Thrive Earlier Detection

Thrive Earlier Detection was founded in 2019.

Thrive Earlier Detection is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Thrive Earlier Detection is a funded company, having raised a total of $367M across 3 funding rounds to date. The company's 1st funding round was a Series A of $110M, raised on May 2019.

Thrive Earlier Detection has 138 employees.

Thrive Earlier Detection was founded in 2019 and is based in Cambridge, United States. Operations center on the biotechnology sector, where a blood-based liquid biopsy test is developed for detecting multiple cancers. DNA mutations and protein abnormalities associated with cancer are analyzed through this test. The approach supports treatment by enabling earlier identification in clinical settings.

Thrive Earlier Detection's top competitors include Guardant Health, GRAIL and Strand Life Sciences.

Thrive Earlier Detection has 21 investors. Key investors include Exact Sciences, Intermountain Healthcare, Brown Advisory, T. Rowe Price, and HHS.

Thrive Earlier Detection operates through Thrive Earlier Detection Corp.

Yes. Thrive Earlier Detection was acquired by Exact Sciences in October 2020.

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