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Foresight Diagnostics Announces $58.75 Million Series B Financing Led By Foresite Capital To Commercialize Ultrasensitive Liquid Biopsy Mrd Testing Platform

RECENTLY ACQUIREDApr 27, 2023

Amount Raised

$58.8 Million

Round Type

Series B

BoulderBiotechnologyHealth Care

Investors

Pear VCUniversity Of Colorado Healthcare Innovation FundStanford UniversityAgent CapitalBluebird VenturesCivilization VenturesForesite Capital

Description

Foresight Diagnostics, Inc, a leading developer of ultrasensitive cancer detection tests, announced today that it has closed an oversubscribed Series B financing round of $58.75 million. The financing was led by Foresite Capital, with participation by Civilization Ventures, Bluebird Ventures, Pear Ventures, Agent Capital, Stanford University, and The University of Colorado Healthcare Innovation Fund. The proceeds will be used to accelerate the clinical development and commercialization of Foresight Diagnostics' cancer recurrence testing platform, PhasED-SeqTM.

Quick answer

Foresight Diagnostics raised $58.8 Million in a Series B round, dated April 27, 2023. Investors: Pear VC, University Of Colorado Healthcare Innovation Fund, Stanford University, Agent Capital, Bluebird Ventures, Civilization Ventures and Foresite Capital. Foresight Diagnostics is based in Boulder, Colorado, United States.

How much did Foresight Diagnostics raise?
Foresight Diagnostics raised $58.8 Million in a Series B round on April 27, 2023.
Who invested in Foresight Diagnostics?
Pear VC, University Of Colorado Healthcare Innovation Fund, Stanford University, Agent Capital, Bluebird Ventures, Civilization Ventures and Foresite Capital are named as investors in this round.
What does Foresight Diagnostics do?
Foresight Diagnostics is a privately held cancer diagnostics company and CLIA-registered laboratory.
Where is Foresight Diagnostics based and how big is it?
Foresight Diagnostics is based in Boulder, Colorado, United States. Fundz records about 136 employees.
Who are the decision-makers at Foresight Diagnostics?
Fundz holds 1 contact at Foresight Diagnostics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Foresight Diagnostics that raised within 45 days of this round, from Fundz verified event records.

  • Avenda Health, Inc. raised $3.5M (Series B) on June 8, 2023.
  • Kate Therapeutics raised $51M (Series A) on June 8, 2023.
  • Upstream Bio raised $200M (Series B) on June 8, 2023.
  • VERTOS MEDICAL INC raised $26M (Funding Round) on June 7, 2023.
  • Bitterroot Bio raised $145M (Series A) on June 7, 2023.
  • Candesant Biomedical, Inc. raised $35M (Series B) on June 6, 2023.

Who to call at Foresight Diagnostics, and when

A new round usually means Foresight Diagnostics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Foresight Diagnostics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

Foresight Diagnostics

Location

Boulder, Colorado, United States

About

Foresight Diagnostics is a privately held cancer diagnostics company and CLIA-registered laboratory. The company has developed a novel liquid biopsy testing platform for the measurement of minimal residual disease (MRD) that is significantly more sensitive than existing tests (with a detection limit below 0.0001%, or one part-per-million). The improved sensitivity of the Foresight's MRD assays can provide actionable information to physicians and biopharmaceutical companies to enable more personalized treatment approaches for patients with solid tumors and hematologic malignancies.

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Fundz sees it the moment Foresight Diagnostics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Foresight Diagnostics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.