Companies · Pharma
Menlo Park · CA, USA · Pharma · founded 2016 · https://www.billiontoone.com
Diligence memoA one-page analyst read on BillionToOne — recommendation, valuation, rhythm, risks.→BillionToOne: limited disclosed financing to assess.
Synthesized from the figures below est. — every claim rests on a number shown on this page.
BillionToOne is one of 310 Pharma companies tracked from Menlo Park, CA, USA, on record since 2016. By capital raised it ranks in the long tail (ahead of 16% of sector peers), and in the long tail by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%
operates a technology-led product inferred from public copy
Grounded in: “You are a venture analyst”
The genetic testing platform detecting and measuring disease.
BillionToOne has developed a DNA molecular counter that increases the cell-free DNA diagnostics resolution by over 1,000 fold, which unlocks transformative improvements in prenatal screening and liquid biopsy for cancers. Unity Screen, BillionToOne's commercially available non-invasive prenatal test (NIPT), is the only NIPT that can assess fetal risk for both recessive conditions and aneuploidies from maternal blood. UNITY Screen continues to grow exponentially and is on its path to becoming the next standard-of-care, with an increasing number of publications showing its accuracy and advantages over other screening methods. We have also recently used our molecular counting technology to develop liquid biopsy tests, which have the potential to completely transform oncology care.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
No round amounts on record to chart.
No staged rounds to sequence.
Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 310 companies in Pharma. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 16% of sector peers (real $). Modeled value above 16% of peers (estimate).
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| No rounds recorded. | |||||
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
BillionToOne is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| 1200 Pharma LLC | Pharma | Series A | $14.1M | $13.2M | same sector |
| A28 Therapeutics, Inc. | Pharma | Seed | $1.9M | $31.6M | same sector |
| AbInitio Bio | Pharma | — | — | — | same sector |
| Acanna Therapeutics, Inc. | Pharma | Pre-Seed | $1.0M | $16.0M | same sector |
| Advanced Cardiac Therapeutics Inc | Pharma | Series C | $64.1M | $1.6B | same sector |
| ADvantage Therapeutics, Inc. | Pharma | Series A | $19.0M | $111.2M | same sector |
| AeroRx Therapeutics, Inc. | Pharma | Series A | $10.4M | $30.7M | same sector |
| Affect Therapeutics, Inc. | Pharma | Series B | $24.6M | $232.4M | same sector |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Nomic Bio Nomic is doing for proteins what Illumina has done for DNA | Pharma | — | — | 77% |
| Cytotest Inc. | Biotechnology | Pre-Seed | $7.0M | 77% |
| Banyan Biomarkers, Inc. | Biotechnology | Series A | $81.9M | 75% |
| Genomelink DNA App Store | Biotech | — | — | 75% |
| Digistain Pioneering Breast Cancer Diagnostics for a Healthier Tomorrow | Medical Devices | — | — | 74% |
| Nitrome Biosciences, Inc | Biotechnology | Series B | $680.1M | 74% |
| Genomenon, Inc. | Biotechnology | Series B | $41.8M | 74% |
| Cytocom Inc. | Biotechnology | Series A | $167.3M | 74% |
See where BillionToOne sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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