Virtue Diagnostics

Suzhou, China Founded: 2019 • Age: 7 yrs
An in vitro assay platform is provided for diagnostic solutions.
Annual revenue - Latest available
Total funding $130.0M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Virtue Diagnostics

Virtue Diagnostics is a company based in Suzhou (China) founded in 2019. Virtue Diagnostics has raised $130 million across 2 funding rounds from investors including Sequoia Capital, Morningside and Yuanhe Holdings. Virtue Diagnostics has completed 1 acquisition, including Labtest. Virtue Diagnostics operates in a competitive market with competitors including Abingdon Health, Olink, US BioTek Laboratories, Spear Bio and Eclipse Bio, among others.

  • Headquarter Suzhou, China
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $130 M (USD)

    in 2 rounds

  • Latest Funding Round
    $100 M (USD), Series B

    Jan 06, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Virtue Diagnostics

Headcount 50-200
Employee Profiles 2
Employee Profiles
People
Dion Tan
Human Resources Manager

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Teams

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Funding Insights of Virtue Diagnostics

Virtue Diagnostics has successfully raised a total of $130M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in January 2022. 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.

Investors in Virtue Diagnostics

Virtue Diagnostics has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Sequoia Capital, Morningside and Yuanhe Holdings.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by Morningside, a VC fund.
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Venture capital firm focused on early-stage investments
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Investor details for Virtue Diagnostics

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  • Investor domains
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Investments & Acquisitions by Virtue Diagnostics

Virtue Diagnostics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Labtest.

Investments
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Investment portfolio details for Virtue Diagnostics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Scientific consulting, technical assistance, and laboratory services are offered.
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Complete acquisition details for Virtue Diagnostics

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Financial Statements - Virtue Diagnostics

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Detailed financials for Virtue Diagnostics

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Virtue Diagnostics Comparisons

Virtue Diagnostics Primary company
Description
An in vitro assay platform is provided for diagnostic soluti...
Location
Suzhou, China
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Virtue Diagnostics

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Competitors of Virtue Diagnostics

Virtue 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 Abingdon Health, Olink, US BioTek Laboratories, Spear Bio and Eclipse Bio, among others.

Company Name Domain Founded year HQ Location Description
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Developer of immunoassays for diagnostic purposes
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Provider of products and services for human protein biomarker research and development
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Provider of enzyme-linked immunosorbent assay technology services
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Developer of ultrasensitive immunoassays and proteomics platforms for detecting protein biomarkers
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Cell-free immunoassays are developed to identify RNA binding protein targets.
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Detailed competitors of Virtue Diagnostics

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Latest news on Virtue Diagnostics

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Complete news archive for Virtue Diagnostics

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Frequently Asked Questions about Virtue Diagnostics

Virtue Diagnostics was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Virtue Diagnostics is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.

Johnson Zhang is the current CEO of Virtue Diagnostics.

Virtue Diagnostics is a funded company, having raised a total of $130M across 2 funding rounds to date.

Virtue Diagnostics was founded in 2019 in Suzhou, China, within the biotechnology sector. An in vitro assay platform is developed and supplied for diagnostic applications. The technology is applied in early screening, diagnosis, treatment monitoring, and minimal residual disease management. It addresses infectious diseases, cancer, maternal and fetal health, and chronic conditions, supporting healthcare operations across these areas.

Virtue Diagnostics's top competitors include Abingdon Health, Eclipse Bio and Spear Bio.

Virtue Diagnostics has made 1 acquisition, including Labtest.

Virtue Diagnostics has 4 investors. Key investors include Sequoia Capital, Morningside, Yuanhe Holdings, and Lilly Asia Ventures.

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