Seer

Seer

Proteomics platform with nanoparticle protein capture

Overview

Seer provides a platform for proteomics by combining its Proteograph system with proprietary nanoparticles and software to enable deep, unbiased, and rapid analysis of the proteome. It captures proteins from complex biological samples using specially designed nanoparticles and then analyzes them with software to identify and quantify proteins, giving researchers a more complete view of protein expression. The platform is used across drug discovery, diagnostics, and basic research, with a business model that includes selling the Proteograph system as well as recurring revenue from consumables and software. Seer's approach stands apart from competitors by delivering broader, more comprehensive proteome coverage through its nanoparticle-based capture combined with data analysis, enabling quicker, more thorough proteomic insights. The company aims to become a leading tool for researchers to gain biological insights and support development in life sciences, genomics, and multi-omics.

About Seer

Simplify's Rating
Why Seer is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Biotechnology

Healthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Redwood City, California

Founded

2017

People at Seer

People at Seer who can refer or advise you

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Simplify's Take

What believers are saying

  • Proteomics market projected to reach $23 billion by 2034, driven by expanding installed customer base growing at 62% annually.
  • Strong cash position of $220 million with no debt enables continued innovation and a $50 million share buyback program.
  • AI-driven multi-cancer screening and next-gen data tools like Radiant DIA promise paradigm shifts in biomarker discovery.

What critics are saying

  • Proxy contest by Radoff-JEC Group threatens boardroom change, strategic disruption, and potential liquidation at depressed valuation within 6–12 months.
  • Q1 2026 revenue dropped 33% amid academic funding cuts and competition, risking failure to hit 2026 guidance and accelerating cash burn.
  • Cancelled $130M acquisition bid reveals operational red flags, scaring future buyers and increasing bankruptcy risk in 12–24 months.

What makes Seer unique

  • Seer pioneered deep, unbiased proteomics using proprietary nanoparticles enabling previously unattainable scale and speed.
  • Its Proteograph platform integrates engineered nanoparticles, automation, consumables, and software for standardized proteomic analysis.
  • Seer uniquely combines AI-driven proteomics with population-scale studies like the 20,000-sample Korea University collaboration.

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Funding

Total Funding

$344.5M

Above

Industry Average

Funded Over

6 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Performance Bonus

Company Equity

Stock Options

Remote Work Options

Stock Price

Growth & Insights

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

2%

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