Guardant Health Raises $360M in Series F

Guardant Health has successfully raised $360M in a Series F at a $12B valuation led by SoftBank Vision Fund, Baillie Gifford, T. Rowe Price, Khosla Ventures, Sequoia Capital.

Company Overview

Guardant Health is a Biotech company headquartered in 505 Penobscot Drive, Redwood City, CA 94063, founded in 2012 with 1400+ employees.

Liquid biopsy cancer detection

Fundraising Details

Amount Raised: $360M
Round Type: Series F
Valuation: $12B
Date: 2024-05-19
Investors: SoftBank Vision Fund, Baillie Gifford, T. Rowe Price, Khosla Ventures, Sequoia Capital

About Guardant Health

Liquid biopsy cancer detection The company is positioned in the Biotech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 505 Penobscot Drive, Redwood City, CA 94063
Founded: 2012
Team Size: 1400+
Industry: Biotech

What This Means

This funding round demonstrates strong investor confidence in Guardant Health's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Biotech sector continues to attract significant investment as companies innovate to meet evolving market demands. Guardant Health's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $12B valuation marks an important milestone for Guardant Health, positioning the company among notable players in the Biotech industry.

Looking Ahead

With this new capital, Guardant Health is well-positioned to execute on its growth strategy and continue building innovative solutions in the Biotech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-05-19. For more information about Guardant Health, visit their headquarters at 505 Penobscot Drive, Redwood City, CA 94063.