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Adela

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ADELA | A breakthrough approach to early detection

Toronto, CanadaFounded 2020Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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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.

Source: Dealroom company data

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.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
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Growth signals

Adela website traffic

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.

Latest monthly visits4.6K 3-month web change-19.3% 1-year team growth+2.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

Other known investors2 additional known investors

  • University Health Network
  • UTEST, University of Toronto
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States77.1%
🇨🇦 Canada22.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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