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The round was led by Warburg Pincus, DFJ Growth, Kleiner Perkins Caufield Byers, Mayo Clinic and Temasek. The company intends to use the funds to accelerate the organization’s population genomics platform across health systems, life sciences companies, and to continue COVID-19 testing and viral surveillance efforts. Led by James Lu, MD, PhD, co-founder and CEO, Helix operates a CLIA-certified and-CAP-accredited sequencing laboratory, which powers both its Exome+® and COVID-19 viral sequencing efforts. Since its founding in 2015, the company has empowered hundreds of thousands of individuals to improve their lives through their DNA including through large-scale population health initiatives including Renown Health’s Healthy Nevada Project and Mayo Clinic’s Tapestry program. ....
Share this article SAN MATEO, Calif., June 3, 2021 /PRNewswire/ Helix, the leading population genomics and COVID-19 testing company, has closed on its Series C funding round led by existing investors Warburg Pincus, DFJ Growth, Kleiner Perkins Caufield Byers, Mayo Clinic and Temasek. The $50M round will be used to accelerate the organization s population genomics platform across health systems, life sciences companies, and payers as well as power its growing COVID-19 testing and viral surveillance efforts. Helix s end-to-end genomics platform enables organizations to advance genomic research and accelerate the integration of genomic data into clinical care through its unique Sequence Once, Query Often™ model. With this model, an individual s DNA can be collected, sequenced and securely stored once, while allowing continuous access to the genomic data and insights as needed, without collecting additional saliva samples. ....