How Much Did Genome Medical Raise?
Funding & Key Investors

Genome Medical has successfully navigated multiple stages of institutional backing, culminating in a total capital infusion of $120M. The company's most recent major strategic investment of $60M underscores its pivotal role in the evolving digital health landscape. By securing consistent financial support from Series A through Series C, the firm has solidified its position as a leader in telehealth-based clinical services.

The growth trajectory, marked by significant rounds in 2017, 2020, and 2021, reflects strong investor confidence in the company's ability to scale its specialized medical practice. This capital deployment has been instrumental in expanding the reach of its long-distance clinical health care and professional education initiatives.

What is Genome Medical?

Genome Medical
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

Headquartered in South San Francisco, Genome Medical operates as a sophisticated telehealth-based medical practice. The company leverages a multi-modal digital infrastructure—including video conferencing, secure messaging, and shared imaging—to deliver high-quality clinical care and health-related education. By integrating genomics into routine clinical practice, the firm bridges the gap between complex molecular diagnostics and patient-facing health administration. Its market position is defined by its ability to provide scalable, remote access to specialized medical expertise, effectively democratizing precision medicine for diverse patient populations and healthcare delivery systems.

How much funding has Genome Medical raised?

Genome Medical has raised a total of $120M across 3 funding rounds:

2017

Series A

$23M

2020

Series B

$37M

2021

Series C

$60M

Series A (2017): $23M with participation from Canaan Partners, HealthInvest Equity Partners, Flywheel Ventures, and Illumina Ventures

Series B (2020): $37M led by LRVHealth, HealthInvest Equity Partners, Avestria Ventures, Revelation Partners, Samsung Electronics America, Kaiser Permanente Ventures, Illumina Ventures, Echo Health Ventures, Dreamers Fund, Flywheel Ventures, Perceptive Advisors, Manatt Venture Fund, Randy Scott, Casdin Capital, Canaan Partners, and GE Ventures

Series C (2021): $60M supported by Perceptive Advisors, Amgen Ventures, Kaiser Permanente Ventures, Casdin Capital, GV, and Canaan Partners

Key Investors in Genome Medical

Kaiser Permanente Ventures

A national leader in strategic venture investing in healthcare, focusing on advancing innovation and integrating new approaches into established delivery systems.

Casdin Capital

An investment firm bringing deep expertise to the financing of next-generation life science innovation, with a specific focus on diagnostics and molecular information.

Illumina Ventures

A prominent leader in genomics and precision health investing, dedicated to building an ecosystem that translates capital into impactful life science and biopharmaceutical solutions.

What's next for Genome Medical?

With the support of its latest financing, Genome Medical is well-positioned to accelerate its mission of integrating genomic insights into mainstream healthcare. The strategic focus will likely shift toward enhancing its digital platform capabilities and deepening partnerships with large-scale healthcare providers. As the industry moves toward more personalized, data-driven care models, the company is poised to leverage its existing infrastructure to capture a larger share of the digital health market. Future growth will likely involve expanding its clinical network and refining its diagnostic support tools to meet the increasing demand for remote, high-acuity medical services.

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Frequently Asked Questions Regarding Genome Medical Financial Insights

What are the most recent funding rounds that Genome Medical has completed, and what were the funding rounds?
Genome Medical has recently completed 3 funding rounds: Series C on Aug 30, 2021, Series B on Jul 1, 2020, Series A on May 29, 2017.
What is the total amount of funding Genome Medical has raised to date?
Genome Medical has raised a total of $120M in funding to date.
How many funding rounds has Genome Medical completed?
Genome Medical has completed 3 funding rounds.
How much funding did Genome Medical raise in its most recent funding round?
Genome Medical raised $60M in its most recent funding round.
Who are the lead investors in Genome Medical's latest funding round?
The lead investor in Genome Medical's latest funding round was Perceptive Advisors. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Genome Medical's history?
The largest funding round in Genome Medical's history was $60M.
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