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Paradigm Diagnostics

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Private molecular information corporation established to bring cutting-edge diagnostics to cancer patients and industry

Phoenix, United StatesFounded 2012Biotech & Life Sciences
Valuation $50–100M Last recorded · 2019
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Paradigm Diagnostics and the history behind them.

About Paradigm Diagnostics

Paradigm Diagnostics, now part of Exact Sciences, specializes in advanced cancer diagnostics through its flagship product, PCDx. This comprehensive next-generation sequencing test assesses 90 FDA-approved therapeutic associations in cancer, including clinical trials by testing mutations, copy number variations, tumor mutation burden, and protein expression. The company operates in the healthcare sector, specifically targeting oncologists and healthcare providers who require rapid and accurate diagnostic results to inform treatment decisions. Paradigm Diagnostics' business model revolves around providing timely and precise diagnostic services, generating revenue through the sale of its PCDx tests. The company promises a clinically relevant turnaround time of 3-5 business days from sample receipt to reporting, ensuring that healthcare providers receive actionable genomic insights swiftly. The process involves multiple steps, including sample receipt, DNA extraction, sequencing, and clinical interpretation, all designed to deliver accurate results even from the smallest specimens.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Phoenix, United States
Open positions
None listed
Dealroom signal
55.1/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, DNA, Genetics and genomics, Spinout, Genome Engineering, Biotech and Pharma, proteomics, DT and LS, science-based
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2020 $0 — Exact Sciences ↗
SERIES B✓Equity / VC May 2019 $15M $60M BlueStone Venture Partners · New Science Ventures · Gore Range Capital · Prairie Ventures —
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Growth signals

Paradigm Diagnostics website traffic

Latest recorded traffic for Paradigm Diagnostics is 390 monthly website visits, down 70% over the last three months.

Latest monthly visits390 3-month web change-70%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

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

Series A5 investors entered at this stage

  • New Science Ventures
  • Mesa Verde Venture Partners
  • BlueStone Venture Partners
  • Gore Range Capital
  • Prairie Ventures

Other known investors4 additional known investors

  • Exact Sciences
  • International Genomics Consortium
  • University of Michigan
  • SeedFolio
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇺🇸 United States · Phoenix HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Paradigm Diagnostics 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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