Companies · Biotechnology

Cancer Genetics, Inc

RUTHERFORD · Biotechnology

Diligence memoA one-page analyst read on Cancer Genetics, Inc — recommendation, valuation, rhythm, risks.
$33.1M
Total raised · real
5
Rounds
1.7×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Mon Feb 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Cancer Genetics, Inc looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.51× the median modeled value of Series A Biotechnology companies in 2019–2021 (216 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.4 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Biotechnology

Cancer Genetics, Inc is one of 4293 Biotechnology companies tracked from RUTHERFORD. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2021-02-01
First sale
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries A · 2010-04-13 Raised $6.6M (real) Modeled valuation $239M (est)$6.6M$239MSeries A2010Series A · 2010-04-13 Raised $6.6M (real) Modeled valuation $239M (est)$6.6M$239MSeries A2010Series A · 2016-05-19 Raised $5.0M (real) Modeled valuation $181M (est)$5.0M$181MSeries A2016Series A · 2016-09-14 Raised $5.5M (real) Modeled valuation $199M (est)$5.5M$199MSeries A2016Series A · 2017-03-22 Raised $6.0M (real) Modeled valuation $217M (est)$6.0M$217MSeries A2017Series A · 2021-02-01 Raised $10M (real) Modeled valuation $272M (est)$10M$272MSeries A2021+$6.6M+$5.0M+$5.5M+$6.0M+$10MCumulative $40M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$6.6M · 2010
Series A extension$6.6M · 2010
Series A extension$5.0M · 2016
Series A extension$5.5M · 2016
Series A extension$6.0M · 2017
Series A extension$10.0M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$272.3M
Base estimate est.
$10.9M
Conservative case
$1.3B
Upside case
$45.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Series A · modeled $239.2M · 2010-04-132010Series A · modeled $239.2M · 2010-04-13Series A · modeled $180.8M · 2016-05-19Series A · modeled $198.8M · 2016-09-14Series A · modeled $216.9M · 2017-03-22Series A · modeled $272.3M · 2021-02-012021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
44%
Survival probability
24% low · 60% high
1.62×/yr
Annual markup
2.04×/yr upside case
5.4 yr
Elapsed time used
5.4 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$3.1M/yr
Capital velocity
16.2 yr
On record since
2010
First round
6
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. 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.

Total raised — vs sector median (real $, all stages) 4.6× above median
This company$33.1M
Sector median$7.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$10.0M
Sector median$5.4M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$272.3M
Sector median$64.2M

Raised more than 76% of sector peers (real $). Modeled value above 76% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #57 of 216.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)TRACT Therapeutics, Inc. · Series A Raised $15.0M · modeled $542.3M (est)TechAccel, LLC · Series A Raised $15.0M · modeled $542.3M (est)Arrakis Therapeutics, Inc. · Series A Raised $28.2M · modeled $542.3M (est)Trident Labs, Inc. · Series A Raised $14.0M · modeled $506.1M (est)Meissa Vaccines Inc · Series A Raised $15.2M · modeled $503.1M (est)Vibe Bioscience Ltd. · Series A Raised $13.9M · modeled $501.1M (est)Trovagene, Inc. · Series A Raised $45.3M · modeled $488.0M (est)Taiga Biotechnologies, Inc. · Series A Raised $37.9M · modeled $485.3M (est)Equinox, Inc. · Series A Raised $34.7M · modeled $485.2M (est)Aruna Biomedical Inc · Series A Raised $22.4M · modeled $480.5M (est)Vibe Bioscience Corp · Series A Raised $13.7M · modeled $476.8M (est)Adarza BioSystems, Inc. · Series A Raised $31.5M · modeled $461.9M (est)Cancer Genetics, Inc (this company) Raised $33.1M · modeled $272.3M (est)Cancer Genetics, Inc
CompanyStageRaised · realValue · estvs peer med.
TRACT Therapeutics, Inc.Series A$15.0M$542.3M3.00×
TechAccel, LLCSeries A$15.0M$542.3M3.00×
Arrakis Therapeutics, Inc.Series A$28.2M$542.3M3.00×
Trident Labs, Inc.Series A$14.0M$506.1M2.80×
Meissa Vaccines IncSeries A$15.2M$503.1M2.78×
Vibe Bioscience Ltd.Series A$13.9M$501.1M2.77×
Trovagene, Inc.Series A$45.3M$488.0M2.70×
Taiga Biotechnologies, Inc.Series A$37.9M$485.3M2.68×
Equinox, Inc.Series A$34.7M$485.2M2.68×
Aruna Biomedical IncSeries A$22.4M$480.5M2.66×
Vibe Bioscience CorpSeries A$13.7M$476.8M2.64×
Adarza BioSystems, Inc.Series A$31.5M$461.9M2.56×
Cancer Genetics, Inc this companySeries A$33.1M$272.3M1.51×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$6.6M2010-04-13$30.1M$239.2M85%
Series A$6.6M2010-04-13$30.1M$239.2M85%
Series A$5.0M2016-05-19$22.7M$180.8M85%
Series A$5.5M2016-09-14$25.0M$198.8M90%
Series A$6.0M2017-03-22$27.3M$216.9M90%
Series A$10.0M2021-02-01$45.5M$272.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$6.6M2010-04-13
    • First recorded raise — entered as Series A.
    • 42 investors on this round.
  2. Series A$6.6M2010-04-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 42 investors on this round.
  3. Series A$5.0M2016-05-19
    • Raised again after 73 mo — slower than the ~14 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 41 investors on this round.
  4. Series A$5.5M2016-09-14
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  5. Series A$6.0M2017-03-22
    • Came back fast: 6 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  6. Series A$10.0M2021-02-01
    • Raised again after 46 mo — slower than the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 6 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~26mo cadence
$16.7M
Modeled next size est.range $10.8M$26.7M
1.7×
Last step-up
$3.1M/yr
Capital velocity

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.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Pappajohn9 other2010-04
Tommy Thompson4 other2010-04
Andrew Pecora3 other2010-04
Edward J. Sitar2 other2016-05
Franklyn G. Prendergast2 other2016-05
Panna Sharma1 other2010-04
Riccardo Dalla-Favera1 other2010-04
Edmund Cannon2010-04
Edmund L. Cannon2016-05
Geoffrey G. Harris2021-02
Geoffrey J. Harris2016-05
Howard G. McLeod2021-02
Howard J. McLeod2016-05
John A. Roberts2016-09
John L. Pappajohn2016-05
Michael J. Welsh2016-05
Panna L. Sharma2016-05
Raju Chaganti2010-04
Raju S.K. Chaganti2016-05
Registry & provenance

Cancer Genetics, Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1349929
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
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Alastin Skincare, Inc.BiotechnologySeries A$31.4M$357.2Msame sector · same stage
MicroPhage IncBiotechnologySeries A$35.1M$216.9Msame sector · same stage
Access Bio, Inc.BiotechnologySeries A$30.0M$301.1Msame sector · same stage
Semantically similar

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.

CompanySectorStageValue · estMatch
CancerVAX, Inc.BiotechnologyPre-Seed$7.2M89%
Early Stage Cancer Detection, Inc.BiotechnologyPre-Seed$7.4M89%
Carcinotech Ltd.BiotechnologyPre-Seed$3.3M89%
CytoBioscience, Inc.BiotechnologySeries B$60.7M88%
BioMedomics, Inc.BiotechnologyPre-Seed$29.3M88%
Stemgenics, Inc.BiotechnologySeed$19.8M88%
Leading Biosciences, Inc.BiotechnologySeries B$558.3M88%
Medical Nutrition Innovation, Inc.BiotechnologySeed$55.5M87%
Frequently asked
How much funding has Cancer Genetics, Inc raised?
Cancer Genetics, Inc has raised approximately $33.1M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Cancer Genetics, Inc's estimated valuation?
Provath's modeled valuation for Cancer Genetics, Inc is approximately $272.3M (modeled range $10.9M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cancer Genetics, Inc at?
Cancer Genetics, Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Feb 01.
What does Cancer Genetics, Inc do and where is it based?
Cancer Genetics, Inc operates in the Biotechnology sector, based in RUTHERFORD.
Explore related

See where Cancer Genetics, Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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