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Adela
ADELA | A breakthrough approach to early detection
About Adela
Adela Bio is a startup operating in the healthcare sector, specifically focusing on the diagnosis and management of cancer. The company is developing a cutting-edge technology that uses blood tests to accelerate the diagnosis process and improve the management of cancer. This technology is based on the DNA methylome, a rich source of information about human diseases.
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Adela Bio's platform captures information from the entire methylome, which enhances the performance of the test and improves treatment decisions. This comprehensive approach increases the chances of detecting cancer signals in the blood, compared to other methods that target a smaller set of genomic regions. The platform also offers enhanced prognostic and predictive abilities, allowing for dynamic monitoring of patients over time.
The company's primary market is healthcare providers and patients who require cancer diagnosis and management. Adela Bio's business model revolves around the development and sale of its genome-wide methylome enrichment platform. The company generates revenue by selling its technology to healthcare providers and laboratories.
Adela Bio is also developing its platform for minimal residual disease (MRD) monitoring, which is a method of detecting the smallest amount of disease left in the body after treatment. This approach is tissue agnostic, meaning it can be used regardless of the type of tissue the cancer originated from. Additionally, the company is working on multi-cancer early detection (MCED), which involves sensitive tumor detection and classification using plasma cell-free DNA methylomes.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Toronto, Canada
- Employees
- 70
- Open positions
- 3
- Dealroom signal
- 77.2/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, DT and LS, science-based
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Adela.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Aug 2023 | $48M | $300M | LabCorp · Deerfield · OrbiMed · F-Prime | ↗ |
| SERIES AOther financing | Jun 2021 | $60M | $240M | Decheng Capital · Deerfield · OrbiMed · RA Capital Management | ↗ |
Growth signals
Latest recorded traffic for Adela is 4.6K monthly website visits, down 19.3% over the last three months. Adela's team grew 2.9% 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 A6 investors entered at this stage
F-Prime
Decheng Capital
Deerfield
OrbiMed
RA Capital Management
LabCorp
Other known investors2 additional known investors
University Health Network
UTEST, University of Toronto
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Adela on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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