Clear Labs
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 8.5m | 8.5m | 13.8m | 27.2m | 27.2m |
% growth | - | - | 62 % | 97 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.7m | Seed | ||
$6.5m | Series A | ||
$13.0m | Series B | ||
N/A | Series B | ||
N/A | N/A | Series B | |
$21.0m | Series B | ||
N/A | Early VC | ||
* | $18.0m | Late VC | |
$60.0m | Series C | ||
Total Funding | €109m |
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Recent News about Clear Labs
EditClear Labs is a clinical diagnostic solutions provider that uses advanced technology to detect infectious disease outbreaks and ensure food safety. The company operates in the healthcare and food industries, serving clients such as hospitals, public health organizations, and food manufacturers.
Clear Labs' business model revolves around its comprehensive whole genome sequencing (WGS) platform. This platform accelerates the detection of infectious diseases, helping to inform the necessary actions to manage public outbreaks. The company also uses next-generation sequencing (NGS) to revolutionize the way food is tested and analyzed before consumption. This technology allows for a more thorough and accurate analysis, contributing to pathogen and infectious disease surveillance.
In addition to its clinical diagnostic solutions, Clear Labs has developed a fully-automated, end-to-end WGS solution for bacterial and fungal isolates, known as Clear Dx™ Microbial Surveillance WGS. This product further expands the company's offerings and potential revenue streams.
Clear Labs generates revenue by selling its diagnostic solutions and services to its clients. The company has also expanded its market to include SARS-CoV-2 surveillance and wastewater monitoring, particularly during the COVID-19 pandemic. This strategic move has allowed Clear Labs to tap into new markets and increase its profitability.
In summary, Clear Labs is a forward-thinking company that uses cutting-edge technology to provide critical diagnostic solutions in the healthcare and food industries. Its innovative approach to disease detection and food safety testing positions it well for future growth.
Keywords: Clinical Diagnostic Solutions, Whole Genome Sequencing, Infectious Disease Detection, Food Safety, Next-Generation Sequencing, Pathogen Surveillance, Infectious Disease Surveillance, Automated Sequencing System, SARS-CoV-2 Surveillance, Wastewater Monitoring.