Theranos

Theranos

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Overview

Theranos is a biotechnology company founded by Elizabeth Holmes in 2003. The company claimed to have revolutionized blood testing by developing a proprietary technology that could quickly and accurately conduct a wide range of tests using just a few drops of blood obtained through a fingerstick.

However, in 2015, a series of investigative articles by journalist John Carreyrou in The Wall Street Journal raised serious doubts about the accuracy and reliability of Theranos' technology. The articles alleged that the company misled investors, patients, and doctors about the capabilities of its blood-testing technology. Subsequent investigations revealed that Theranos' technology was far from being reliable and accurate as claimed.

About

Industries

Biotechnology, Consumer, Health Care, Health Diagnostics

Founded

2003

Employees

101-250

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Theranos headquartered in United States, North America, operates in the Biotechnology, Consumer, Health Care, Health Diagnostics sector. The company focuses on Biotechnology and has secured $219.0B in funding across 160 round(s). With a team of 101-250 employees, Theranos is actively contributing to advancements in Biotechnology. Their latest funding round, Venture Round - Theranos, raised $45.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

N/A

Funding Rounds

Funding rounds

10

Investors

0

Lead Investors

0

Total Funding Amount

$1368.5M

Details

6

Theranos has raised a total of $1368.5M in funding over 6 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2004Seed500.0K
2006Late Stage Venture28.5M
2006Early Stage Venture9.1M
2005Early Stage Venture5.8M

Investors

Theranos is funded by 25 investors.

Investor NameLead InvestorFunding RoundPartners
Theranos-FUNDING ROUND - Theranos9.1M
ATA Ventures-FUNDING ROUND - ATA Ventures9.1M
Theranos-FUNDING ROUND - Theranos5.8M
Rupert Murdoch-FUNDING ROUND - Rupert Murdoch5.8M

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