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Caris Life Sciences Raises $830 Million in Growth Equity Capital to Continue to Expand its Precision Medicine Platform


IRVING, Texas, May 11, 2021 /PRNewswire/ Caris Life Sciences
®, a leading innovator in molecular science and artificial intelligence (AI) focused on fulfilling the promise of precision medicine, announced an $830 million growth equity round at a post-money valuation of $7.83 billion. With this investment, Caris has raised approximately $1.3 billion in external financing since 2018. This financing represents one of the largest capital raises in precision medicine and includes a diverse syndicate of leading investors.
The round was led by Sixth Street, a leading global investment firm making its third investment in Caris since 2018. Funds and accounts advised by T. Rowe Price Associates, Inc., Silver Lake, Fidelity Management & Research Company LLC, and Coatue were significant participants in the round. Additional investors included Columbia Threadneedle Investments, Canada Pension Plan Investment Board, Millennium Management, Neuberger Berman Funds, Highland Capital Ma ....

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Caris Life Sciences Announces Appointment of Joseph E. Gilliam to Board of Directors


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Caris Life Sciences Announces Appointment of Joseph E. Gilliam to Board of Directors
April 28, 2021 GMT
Caris Life Sciences Logo (PRNewsfoto/Caris Life Sciences)
IRVING, Texas, April 28, 2021 /PRNewswire/ Caris Life Sciences®, a leading innovator in molecular science and artificial intelligence focused on fulfilling the promise of precision medicine, announced the appointment of Joseph E. Gilliam to the Caris Board of Directors, effective April 12, 2021. Following the appointment of Mr. Gilliam, the Board will be comprised of 10 directors.
The Caris Life Sciences Board of Directors is responsible for the overall management of the company, including guiding strategies and monitoring company performance. The Caris Board is composed of a diverse group of leaders with distinct perspectives. Many of the current directors have held leadership roles at major domestic and int ....

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