How Much Did SomaLogic Raise?
Funding & Key Investors

SomaLogic, a commercial-stage proteomics company, has secured substantial capital, with its total funding reaching $1.3B and its most recent financing round amounting to $630M. This significant financial backing underscores the company's strategic importance and growth trajectory in the life sciences sector. The company's ability to attract major enterprise-level and strategic investments highlights its innovative platform and market potential.

What is SomaLogic?

SomaLogic
Business ServicesResearch & Development

SomaLogic operates at the forefront of proteomics, offering a platform designed for robust, high-throughput proteomic analysis. Its technology provides broad proteome coverage, low limits of detection, high reproducibility, and cost-effectiveness. This advanced capability positions SomaLogic as a key player in enabling deeper biological insights for research, diagnostics, and therapeutic development. The company's focus on delivering comprehensive proteomic data supports advancements across various healthcare and life science applications.

How much funding has SomaLogic raised?

SomaLogic has raised a total of $1.3B across 11 funding rounds:

2013

Private Equity

$10M

2014

Unspecified

$1M

Private Equity

$16.5M

2016

Private Equity

$60.5M

Private Equity

$163M

2017

Private Equity

$44.9M

2018

Private Equity

$200M

2020

Debt

$2M

Series A

$214M

2021

Stock Offering

$630M

Private Equity (2013): $10M, investors not publicly disclosed

Unspecified (2014): $1M supported by Bill & Melinda Gates Foundation

Private Equity (2014): $16.5M, investors not publicly disclosed

Private Equity (2016): $60.5M backed by Visium Healthcare Partners

Private Equity (2016): $163M, investors not publicly disclosed

Private Equity (2017): $44.9M, investors not publicly disclosed

Private Equity (2018): $200M supported by Quest Diagnostics, Nan Fung Life Sciences, iCarbonX, Madryn Asset Management, Otsuka Pharmaceutical, ProQuest Investments, and Visium Healthcare Partners

Debt (2020): $2M featuring PPP

Series A (2020): $214M backed by Madryn Asset Management, Monashee Investment Management, Millennium Management, Logos Capital, Janus Henderson Group, Farallon Capital Management, Fiscus Ventures, Casdin Capital, Ziff Capital Healthcare Ventures, Soleus Capital, T. Rowe Price Associates, Mossrock Capital, Boston Millennia Partners, Revelation Partners, Foresite Capital, Remagine Ventures, Blue Water Life Science Advisors, and Redmile Group

Stock Issuance/Offering (2021): $630M with participation from Casdin Capital, Corvex Management, Janus Henderson Group, SB Management, and T. Rowe Price

Key Investors in SomaLogic

Madryn Asset Management

Madryn Asset Management is a leading alternative asset management firm that invests in innovative and unique healthcare companies.

Casdin Capital

Casdin Capital, LLC was founded in 2011 and brings a deep understanding, expertise and long-term perspective to financing the next generation of life science innovation. Specific only to the firm's diagnostics and molecular information portfolio, Casdin Capital has invested in many of the leading pioneers, including but not limited to Foundation Medicine, Invitae, Adaptive Biotechnologies, Flatiron Health and 23andMe. In addition, Eli Casdin currently serves on the board of directors of Exact Sciences, a leader in the field of molecular screening for cancer.

Janus Henderson Group

Janus Henderson is a global investment management firm that provides a broad range of investment solutions and advisory services to institutional investors, financial professionals, and individual clients. The company is focused on helping clients achieve their financial objectives through disciplined investment strategies, in-depth research, and a commitment to delivering strong long-term outcomes. By combining global market expertise with a client-centric approach, it seeks to create investment solutions that address diverse financial goals and evolving market conditions.

What's next for SomaLogic?

With substantial enterprise-level and strategic investments, SomaLogic is poised for accelerated growth and expansion. The company's robust funding will likely fuel further development of its proteomics platform, enhance its market penetration, and support strategic partnerships. Future initiatives may include scaling operations, advancing its technology pipeline, and exploring new applications for its proteomic insights. The consistent flow of capital indicates strong investor confidence in SomaLogic's long-term vision and its capacity to drive innovation in precision medicine and biological discovery.

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Frequently Asked Questions Regarding SomaLogic Financial Insights

What are the most recent funding rounds that SomaLogic has completed, and what were the funding rounds?
SomaLogic has recently completed 3 funding rounds: Stock Offering on Sep 2, 2021, Series A on Dec 22, 2020, Debt on Apr 13, 2020.
What is the total amount of funding SomaLogic has raised to date?
SomaLogic has raised a total of $1.3B in funding to date.
How many funding rounds has SomaLogic completed?
SomaLogic has completed 3 funding rounds.
How much funding did SomaLogic raise in its most recent funding round?
SomaLogic raised $630M in its most recent funding round.
Who are the lead investors in SomaLogic's latest funding round?
The lead investor in SomaLogic's latest funding round was Casdin Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SomaLogic's history?
The largest funding round in SomaLogic's history was $630M.
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