Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

ReadCoor

Explore full profile

ReadCoor is pioneering panomic spatial sequencing

Cambridge, United StatesFounded 2016Biotech & Life Sciences
Valuation $250–500M Last recorded · 2020
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ReadCoor and the history behind them.

About ReadCoor

ReadCoor is a biotechnology startup that has developed a unique platform for gene analysis. The company's technology uses a method called padlock probe rolling circle amplification chemistry, which is a highly sensitive and specific way of identifying and analyzing genes. This method allows for high sensitivity across a broad range of gene expression, including those that are low expressing or highly degraded. It also has the ability to distinguish between similar genes, such as isoforms.

The company's technology works in four steps. First, the probe arms must stably hybridize to their target gene. If only one arm hybridizes, the probe is unstable and will be washed off. The probes also contain a gene-specific barcode sequence that is used to generate a unique optical signature of each gene. Second, only when both probe arms are stably hybridized to the target with a perfect match does proximal probe ligation occur. Third, only ligated probes are amplified, which enriches for true target recognition events and suppresses off-target events. Finally, the amplified products in the samples undergo successive rounds of fluorescent probe hybridization, imaging, and removal. An optical signature specific to each gene is generated.

ReadCoor's clients are likely to be in the scientific and medical research fields, where gene analysis is crucial. The company operates in the biotechnology market and its business model is likely based on selling its technology and services to these clients. It makes money by providing a unique, highly sensitive and specific method of gene analysis.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Cambridge, United States
Employees
4
Open positions
None listed
Dealroom signal
58.3/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, DNA, Genetics and genomics, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Oct 2020 $350M $350M 10X Genomics —
SERIES BOther financing Jan 2020 $27M $108M Pavilion Capital Partners · Decheng Capital —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

ReadCoor website traffic

Latest recorded traffic for ReadCoor is 850 monthly website visits, down 77.6% over the last three months. ReadCoor's team grew 0% over the past year.

Latest monthly visits850 3-month web change-77.6% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

8 investors on the cap table

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

Seed2 investors entered at this stage

  • Silicon Valley Community Foundation
  • Chan Zuckerberg Initiative

Series A5 investors entered at this stage

  • Decheng Capital
  • Lilly Asia Ventures
  • Vivo Capital
  • Hansjörg Wyss
  • Pavilion Capital Partners

Other known investors1 additional known investor

  • 10X Genomics
Team profiled 6 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
🇺🇸 United States · Cambridge HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ReadCoor 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

See ReadCoor’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.