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3billion
Provides comprehensive rare disease genetic testing at an affordable price
About 3billion
3billion is a South Korean bioinformatics company specializing in artificial intelligence-driven genetic diagnostics for rare diseases. Founded in October 2016 by CEO Changwon Keum, a bioinformatics expert, the firm originated as a spinoff from Macrogen Inc. The company's mission is to shorten the arduous diagnostic journey for patients with rare genetic disorders, which can often take years and multiple hospital visits to yield a conclusive result.
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The company's business model centers on providing comprehensive genetic testing services to medical institutions, clinics, and directly to patients globally. Revenue is generated from its suite of diagnostic products, which includes Whole Exome Sequencing (WES) and Whole Genome Sequencing (WGS) tests. Its clientele consists of over 160 institutions in more than 70 countries. 3billion went public on the KOSDAQ in November 2024, raising approximately $10.25 million to fund global expansion, research and development, and a new venture into developing a drug pipeline for rare diseases.
3billion's core offering is an AI-powered platform that analyzes a patient's entire genome to screen for over 7,000 rare diseases simultaneously. Its proprietary technology includes a variant interpretation system called EVIDENCE, which can process over 100,000 genetic mutations in under five minutes per patient, a significant reduction from the hours required for manual interpretation. A key service feature is the complimentary and continuous reanalysis of patient data; as new scientific discoveries are made, the company re-examines previously undiagnosed cases, which has led to new diagnoses for about 10% of these patients. Beyond diagnostics, the company is leveraging its vast genomic dataset to build a drug discovery platform, aiming to identify and validate novel treatments for rare conditions.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seoul, South Korea
- Listing
- IPO 2024
- Employees
- 71
- Open positions
- None listed
- Dealroom signal
- 50.5/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Testing, Biotechnology, DNA, Genetics and genomics, Disease, Genome Engineering, Biotech and Pharma, Hard Tech, medical testing, DT and LS, science-based
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning 3billion.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO CONVERTIBLE✓Other financing | Apr 2026 | $25M | — | GVA Asset Management · Industrial Bank of Korea · Meritz Securities · Kiwoom Securities | ↗ |
| IPO✓Exit | Nov 2024 | $10M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for 3billion is 69K monthly website visits, down 15.9% over the last three months. 3billion's team grew 10.9% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A15 investors entered at this stage
Korea Development Bank
The Wells Investment
Digital Healthcare Partners
Magna Investment
Daekyo
AVentures Capital- SCShinhan Capital
NVESTOR
JW Asset Management- DIDaekyo Investment
D3 Jubilee Partners
GVA Asset Management
Industrial Bank of Korea
Meritz Securities
Kiwoom Securities
Series B and later2 investors entered at this stage
Kakao Investment- KSKorea Investment & Securities
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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