Tute Genomics

Los Angeles, United States Founded: 2012 • Age: 14 yrs Acquired By PierianDx
Cloud-based genome analysis for precision medicine is provided.
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About Tute Genomics

Tute Genomics is a company based in Los Angeles (United States) founded in 2012 was acquired by PierianDx in October 2016.. Tute Genomics has raised $7.39 million across 4 funding rounds from investors including Tencent, Intermountain Healthcare and Wellfound. Tute Genomics has completed 1 acquisition, including Knome. Tute Genomics operates in a competitive market with competitors including Denali Therapeutics, MiRagen, Poseida Therapeutics, Juno Therapeutics and Castle Biosciences, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
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
    $7.39 M (USD)

    in 4 rounds

  • Latest Funding Round
    $868.53 K (USD), Series A

    Oct 27, 2015

  • Investors
    Tencent

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    PierianDx

    (Oct 11, 2016)

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Funding Insights of Tute Genomics

Tute Genomics has successfully raised a total of $7.39M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $868.53 thousand completed in October 2015. 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 4
  • Last Round Series A — $868,532
  • First Round

    (31 Dec 2013)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Series A - Tute Genomics Valuation

investors

Jun, 2015 Amount Series A - Tute Genomics Valuation Intermountain Healthcare , Healthbox
Dec, 2014 Amount Series A - Tute Genomics Valuation Eurovestech
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 Tute Genomics

Tute Genomics has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Intermountain Healthcare and Wellfound. 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
Investor Description Founded Year Domain Location
Early-stage tech investments are directed by Eurovestech across multiple sectors.
Founded Year Domain Location
Healthcare startups are accelerated via a five-day program by Healthbox.
Founded Year Domain Location
Investments are directed toward early-stage tech startups by Album VC.
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 Tute Genomics

Tute Genomics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Knome. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Human genome interpretation software and services are provided.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Tute Genomics

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

Tute Genomics Comparisons

Employees
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Competitors of Tute Genomics

Tute Genomics 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
domain founded_year HQ Location
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
domain founded_year HQ Location
MicroRNA-based therapeutics are developed for treating multiple diseases.
domain founded_year HQ Location
Developer of gene therapies for treating cancer and liver orphan disease by using gene editing technologies
domain founded_year HQ Location
CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
domain founded_year HQ Location
Precision diagnostic and prognostic tests are developed by Castle Biosciences.
domain founded_year HQ Location
Therapeutics for aging diseases are developed by targeting senescent cells.
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 Tute Genomics

Frequently Asked Questions about Tute Genomics

When was Tute Genomics founded?

Tute Genomics was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Tute Genomics located?

Tute Genomics is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is Tute Genomics a funded company?

Tute Genomics is a funded company, having raised a total of $7.39M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.3M, raised on Dec 31, 2013.

What does Tute Genomics do?

Tute Genomics offers clinical-grade web-based application, powered by machine learning algorithms that allow researchers and clinicians to analyze, utilize, and interpret human genomes data for scientific discovery and individualized treatment. The companys platform also supports disease gene finding and biomarker discovery, as well as provides machine intelligence, genome management, data filtration for streamlined output, and association analysis. Its platform serves pharmaceuticals and biotechnology companies, genetics laboratories, and research centers.

Who are the top competitors of Tute Genomics?

Tute Genomics's top competitors include Juno Therapeutics, Poseida Therapeutics and Denali Therapeutics.

How many acquisitions has Tute Genomics made?

Tute Genomics has made 1 acquisition, including Knome.

Who are Tute Genomics's investors?

Tute Genomics has 7 investors. Key investors include Tencent, Intermountain Healthcare, Wellfound, PierianDx, and Eurovestech.

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