Color

Color

Provides genetic testing and health screenings

About

Color offers genetic testing and health screening services to individuals, healthcare providers, and employers, focusing on making healthcare accessible and affordable. Their products include a variety of tests, such as COVID-19 testing, which help users understand their genetic predispositions to health conditions. Color differentiates itself by providing personalized health programs for employees and emphasizing the security and privacy of personal health information. The company's goal is to promote preventive healthcare through genetic insights.

Company Stage

Series E

Employees

501-1,000

Industries

Biotechnology, Healthcare

Total Funding

$441.6M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The partnership with OpenAI positions Color at the forefront of AI-driven healthcare innovation, potentially leading to significant advancements in cancer care.
  • Color's comprehensive cancer care services, including the end-to-end program with Carrum Health, provide a seamless and patient-centric experience, enhancing overall healthcare outcomes.
  • The company's ability to offer personalized health programs to employers can improve workplace health and productivity, making it an attractive option for corporate partnerships.

What critics are saying

  • The reliance on AI and advanced technologies may pose challenges in terms of adoption and integration within traditional healthcare settings.
  • The competitive landscape in genetic testing and health screening is intense, requiring continuous innovation to maintain a leading position.

What makes Color unique

  • Color's integration of AI, particularly through its partnership with OpenAI, sets it apart by enhancing the precision and speed of cancer diagnostics and treatment planning.
  • The company's focus on preventive healthcare through genetic insights and health screenings offers a unique value proposition in the health and wellness market.
  • Color's strong emphasis on security and privacy, along with genetic counseling services, ensures a comprehensive and trustworthy user experience.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-8%

2 year growth

-37%

Benefits

Competitive salary

Comprehensive medical, dental, vision, life, and disability benefits. Including employer HSA contributions.

401(k) match

Monthly lunch, phone, and wifi stipend for remote employees

Generous vacation policy, paid holidays and company-wide recharge days

Monthly stipend to spend on your well being

Equal paid parental leave for birthing and non-birthing parents

Four complementary clinical-grade genetic testing kits for you and your family

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