Freenome
Freenome Raises $290M in Series D
Quick Facts
Freenome Raises $290M in Series D
Freenome has successfully raised $290M in a Series D at a $2.7B valuation led by Perceptive Advisors, T. Rowe Price.
Company Overview
Freenome is a Biotech company headquartered in South San Francisco, CA, founded in 2014 with 500+ employees.
Early cancer detection using multiomics and machine learning
Fundraising Details
- Amount Raised: $290M
- Round Type: Series D
- Valuation: $2.7B
- Date: 2025-10-13
- Investors: Perceptive Advisors, T. Rowe Price
About Freenome
Early cancer detection using multiomics and machine learning The company is positioned in the Biotech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: South San Francisco, CA
- Founded: 2014
- Team Size: 500+
- Industry: Biotech
What This Means
This funding round demonstrates strong investor confidence in Freenome'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. Freenome's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2.7B valuation marks an important milestone for Freenome, positioning the company among notable players in the Biotech industry.
Looking Ahead
With this new capital, Freenome 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 2025-10-13. For more information about Freenome, visit their headquarters at South San Francisco, CA.
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