How Much Did Allelica Raise?
Funding & Key Investors

Allelica has secured $1.8M in total capital, with a recent strategic investment of $1.8M marking a significant milestone in its growth trajectory. This major enterprise-level funding underscores the company's advancements in precision medicine and its potential to reshape clinical practice through genetic integration.

What is Allelica?

Allelica
SoftwareHealthcare SoftwareBusiness Services

Allelica is a leader in precision medicine, specializing in the integration of genetic insights into clinical workflows. The company's core offering revolves around polygenic risk scoring (PRS), a sophisticated method for stratifying disease risk among patients. Their Allelica Precision Server platform empowers healthcare providers with advanced tools to deliver personalized risk assessments, particularly for cardiovascular diseases. Furthermore, Allelica facilitates the development of genetic tests for the biotech and pharmaceutical sectors, ensuring adherence to stringent clinical standards, and actively engages with research institutions to refine genetic risk assessment accuracy across diverse populations.

How much funding has Allelica raised?

Allelica has raised a total of $1.8M across 1 funding round:

2021

Angel/Seed

$1.8M

Angel/Seed (2021): $1.8M with participation from GeneCare Medical Genetics Center, Valor Ventures, and Pi Campus

Key Investors in Allelica

GeneCare Medical Genetics Center

GeneCare Medical Genetics Center is an entity likely focused on advancing genetic diagnostics and research, potentially providing strategic backing to companies like Allelica that enhance clinical genetics.

Valor Ventures

Valor Ventures is a venture capital firm that typically invests in innovative companies, likely specializing in early-stage or growth-stage technology and healthcare ventures.

Pi Campus

Pi Campus is an investment firm that supports startups, often with a focus on technology and innovation, indicating a strategic interest in Allelica's precision medicine platform.

What's next for Allelica?

With the recent major strategic investment, Allelica is poised to accelerate its development and deployment of precision medicine solutions. This capital infusion is expected to fuel further innovation in polygenic risk scoring, expand the platform's capabilities for disease risk stratification, and strengthen collaborations with research and industry partners. The company's focus on enterprise-level funding suggests a strategic push towards broader market penetration and the scaling of its genetic test development services, aiming to solidify its position as a key player in personalized healthcare.

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Frequently Asked Questions Regarding Allelica Financial Insights

What are the most recent funding rounds that Allelica has completed, and what were the funding rounds?
Allelica has recently completed 1 funding rounds: Angel/Seed on Mar 11, 2021.
What is the total amount of funding Allelica has raised to date?
Allelica has raised a total of $1.8M in funding to date.
How many funding rounds has Allelica completed?
Allelica has completed 1 funding rounds.
How much funding did Allelica raise in its most recent funding round?
Allelica raised $1.8M in its most recent funding round.
Who are the lead investors in Allelica's latest funding round?
The lead investor in Allelica's latest funding round was GeneCare Medical Genetics Center. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Allelica's history?
The largest funding round in Allelica's history was $1.8M.
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