Probably Genetic

Probably Genetic

Provides free at-home genetic testing services

About Probably Genetic

Simplify's Rating
Why Probably Genetic is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Biotechnology

Healthcare

Company Size

11-50

Company Stage

Early VC

Total Funding

$10.9M

Headquarters

San Francisco, California

Founded

2019

Overview

Probably Genetic offers free at-home genetic testing services for individuals with rare diseases, allowing them to collect DNA samples conveniently. After analysis, patients receive accurate diagnoses and genetic counseling. The company stands out by funding the program themselves and controlling the data, which is de-identified and sold to research institutions and pharmaceutical companies. Their goal is to help patients who face challenges in obtaining timely diagnoses, thereby improving the healthcare experience for those with rare conditions.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased collaboration with patient advocacy groups enhances reach and credibility.
  • Growing trend of at-home healthcare supports their business model.
  • Rising demand for personalized medicine boosts genetic testing services.

What critics are saying

  • Reliance on partnerships could pose risks if they dissolve or underperform.
  • Business model may face scrutiny from privacy advocates, affecting trust.
  • Competitive landscape in genetic testing could impact market share.

What makes Probably Genetic unique

  • Offers free at-home genetic testing for rare disease diagnosis.
  • Focuses on patients misdiagnosed with autism spectrum disorder.
  • Aggregates de-identified data for research and pharmaceutical partnerships.

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Funding

Total Funding

$10.9M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Hybrid Work Options

Remote Work Options

Company Equity

Health Insurance

Dental Insurance

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↑ 7%
Trending Topics
Dec 29th, 2023
Calm/Storm: 4,5 Mio. Euro 2023 Investiert – Und 2024 Kann Noch Einmal Blutig Werden

Aus Österreich heraus den aktivsten HealthTech-Fonds Europas zu starten, ist eine Leistung, die sich Lucanus Polagnoli und sein Team auf die Segel, pardon, Fahnen, schreiben können: Doch seit 2023 investiert Calm/Storm Ventures nicht nur in Digital-Health-Startups, sondern hat auch einen eigenen Fonds für Startups aufgelegt, mit dem auch in Startups aus anderen Branchen investiert, solange diese von Österreicher:innen (mit-)gegründet wurden. „Mit insgesamt 17 Neu-Investments ist das Portfolio auf 75 Startup-Unternehmen gewachsen. Zusammen mit 21 Follow-On Transaktionen innerhalb des Portfolios wurden 2023 insgesamt über 4,5 Millionen Euro investiert“, so Calm/Storm-CEO Lucanus Polagnoli zu Trending Topics. Man würde besonders oft in so genannte Stealth-Startups investieren, also Jungfirmen, die noch gar nicht auf dem Markt sind. Ein Beispiel ist Mirror, das neue Startup der ehemaligen Gründer von Gorillas, Kagan Sümer und Ugur Samut. Wert wird auf Diversität gelegt; Die Hälfte der Teams, in die Calm/Storm investieret, sind divers, und 30% aller CEOs seien Frauen

U.S. Securities and Exchange Commission
Nov 3rd, 2023
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

PRWeb
Aug 3rd, 2023
The Scn2A Foundation And Probably Genetic Partner To Make Genetic Test

scn2a foundation probably genetic partner to accelerate scn2a diagnosis. . “By increasing the ability to test for rare disorders, there will be a better opportunity to diagnose and treat patients with rare diseases. Lukas and his team are doing amazing work and we’re happy to help in any way we can” said Jason Curry, Founder of The SCN2A Foundation

APBDRF
Jul 18th, 2023
Foundation partners with Probably Genetic to address diagnostic challenges

Apbdrf is thrilled to announce that the APBD Research Foundation has partnered with Probably Genetic to increase access to genetic testing within its community.

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