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C2i Genomics

Acquired

New York, US · Founded 2019 · 750 employees on LinkedIn · 11 known investors

Find your way into C2i Genomics

182 people in our graph share verified history with the C2i Genomics team — schools, employers, funds. One of them is your warm intro.

Roi Bar-Katunlockedknows Asaf Zsviran · together at Technion (overlapped)
×6knows the team · via Technion
knows the team · via Weizmann Institute of Science
×4knows the team · via Joan & Sanford I. Weill Medical College of Cornell University

C2i Genomics develops TrueMRD, a cancer monitoring platform that combines whole-genome sequencing with AI algorithms to build personalized tumor signatures for detecting minimal residual disease (MRD). It is aimed at oncology and clinical cancer monitoring applications.

Also known as C2i · C2i Genomics, Inc.

Founders & leadership

C2i Genomics was founded in 2019 by Asaf Zviran.

AZAsaf Zviran
Asaf ZviraninCo-Founder, CEO & CSO2019–2023Asaf Zviran is a scientist and executive with over two decades of experience in product development and team leadership across defense and biotech sectors. He previously served as co-founder and CEO of C2i Genomics, and currently leads Prism AI Therapeutics, a precision medicine company.
ES
Ezra SoferExecutive

Board

ECEli Casdin
Eli Casdinin𝕏Board directorChief Investment Officer and Founder at Casdin Capital
APAlex Parker
Alex ParkerBoard directorAdvisor at Casdin Capital
SRShaun Rodriguez
Shaun RodriguezinBoard directorDirector of Life Science Research at Casdin Capital

Investors · 11

Also in the syndicate · 6

Alexandria Real EstateDriehaus CapitalDuquesne Family OfficeGordon Asset ManagementSilver LakeThe Mark Foundation for Cancer Research

Reported raises · per SEC filings

Form D private placements

$62M disclosed across 2 of 3 rounds · 2020–2021

$50MraisedApr 2021 · 16 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Eli CasdinDirector
  • Asaf ZviranExecutive Officer, Director
  • Alex ParkerDirector
  • Ezra SoferExecutive Officer, Director
  • Shaun RodriguezDirector
Offering amount
$100M
Amount sold
$50M
Minimum investment
$75K
Proceeds to insiders
$500K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12MraisedJun 2020 · 8 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Omri Amirav-DroriDirector
  • Shaun RodriguezDirector
  • Ezra SoferExecutive Officer, Director
  • Asaf ZviranExecutive Officer, Director
  • Eli CasdinDirector
Offering amount
$12M
Amount sold
$12M
Minimum investment
$70K
Proceeds to insiders
$450K
First sale
May 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

C2i Genomics is a cancer diagnostics company whose technology applies whole-genome sequencing (WGS) and machine-learning pattern recognition to circulating tumor DNA (ctDNA) in blood in order to detect and quantify minimal residual disease (MRD), recurrence and treatment response across solid tumors. Rather than tracking a pre-selected panel of mutations, the approach builds a personalized tumor "fingerprint" comprising thousands of patient-specific mutations, derived by sequencing tumor tissue (formalin-fixed paraffin embedded) alongside a germline reference (buffy coat), and then compares subsequent plasma samples against a baseline result to report an estimated tumor fraction and a Detected / Not Detected result.

The company's original commercial offering was the cloud-based C2-Intelligence Platform and the C2inform MRD diagnostic, provided as a service to pharmaceutical and diagnostic organizations and clinical partners, with the platform described as GDPR- and HIPAA-compliant and deployable locally to return insights in roughly one to two weeks. Following the acquisition by Veracyte, the technology is presented as the TrueMRD platform, which requires a single tube of blood (under 4 ml of plasma) and is positioned to detect recurrence earlier than imaging. TrueMRD is being validated across multiple tumor types, including through the Gustave Roussy-run Phase 3 UMBRELLA trial (non-small cell lung, colorectal, pancreatic cancers and soft tissue sarcomas, evaluating pre-emptive immunotherapy in MRD-positive patients) and the Phase 3 multicenter TOMBOLA trial in Denmark in muscle-invasive bladder cancer. A muscle-invasive bladder cancer MRD test is the first application, with a launch expected in 2026, and clinical validation data in that indication published in European Urology.

Founding story

The company's technology originated in research conducted by Asaf Zviran at the New York Genome Center and Weill Cornell Medicine, together with Dan Landau, a core faculty member at the New York Genome Center and assistant professor of medicine at Weill Cornell Medicine, who became scientific co-founder and a member of the scientific advisory board. The proof-of-concept work, supported by a 2017 grant from The Mark Foundation for Cancer Research and validated in longitudinal clinical cohorts with cancer centers in New York and Boston, was published in Nature Medicine. Zviran served as co-founder, CEO and chief scientific officer; the company subsequently added Boris Oklander as chief technology officer and Ezra Sofer as general manager and chief financial officer.

Business model

C2i Genomics provided cloud-based cancer diagnostic services, selling MRD detection and monitoring to pharmaceutical and diagnostic organizations as well as clinical and research institutions, with the analysis platform deployable locally at partner sites. Following the acquisition, the TrueMRD platform is being commercialized as clinical laboratory tests, beginning with a muscle-invasive bladder cancer MRD test available to order in the US.

Revenue derives from cancer diagnostic testing services and platform-based analysis supplied to pharmaceutical and diagnostic customers and clinical partners for clinical care and drug-development research.

Traction

Validation has been carried out in longitudinal clinical cohorts with New York and Boston cancer centers, with results published in Nature Medicine and bladder cancer clinical validation data published in European Urology. The platform has been deployed for clinical and drug-development research at the National Cancer Center of Singapore, Aarhus University Hospital, NYU Langone Health and Lausanne University Hospital, and is being evaluated in the Phase 3 UMBRELLA and TOMBOLA trials. The C2inform diagnostic received CE marking and launched in Europe in 2022.

Latest developments

Veracyte announced in January 2024 its plan to acquire C2i Genomics for up to $95 million, with the first application of the technology being a muscle-invasive bladder cancer MRD test. The technology is now marketed as the TrueMRD platform; a muscle-invasive bladder cancer MRD test is described as available to order in the US, with a launch expected in 2026, and further indications planned.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company operates in ctDNA-based minimal residual disease testing, competing with panel-based liquid biopsy approaches that track a limited, pre-selected set of mutations. Its differentiation claim rests on whole-genome analysis at every step, lower blood volume requirements and reduced laboratory operational complexity. Its platform was selected by Gustave Roussy for the UMBRELLA trial and used at institutions including the National Cancer Center of Singapore, Aarhus University Hospital, NYU Langone Health and Lausanne University Hospital (CHUV).

Whole-genome sequencing is applied at each stage of the workflow rather than targeted panels, capturing thousands of patient-specific markers and reducing the risk of missing variants outside a fixed panel; the method eliminates the need to design a patient-specific assay, requires less than one tube of blood, and delivers results within one to two weeks.

Technology

The platform performs whole-genome sequencing of tumor tissue and matched germline DNA to identify thousands of cancer-specific mutations, forming a personalized signature used as a reference for subsequent plasma ctDNA whole-genome sequencing. Proprietary mathematical inference models and machine-learning pattern-recognition algorithms aggregate signal across the genome-wide signature to quantify very low levels of circulating tumor DNA, producing an estimated tumor fraction and a binary detection call. The approach avoids developing a bespoke patient-specific assay, requires as little as 3-4 ml of blood (1-2 ml plasma), and returns results in about one to two weeks; the company reported sensitivity approximately 100 times greater than legacy technologies.

Go-to-market

The company sold into pharmaceutical partnerships and clinical research collaborations with cancer centers in the US, Europe and Asia, obtained CE marking to launch its C2inform MRD diagnostic across Europe in 2022, presented data at scientific meetings such as AACR and exhibited at industry conferences including the Precision Medicine World Conference. Post-acquisition commercialization runs through Veracyte's clinical channels, starting with a muscle-invasive bladder cancer MRD test in the US.

Pharmaceutical and diagnostic organizations conducting drug development and clinical research, academic and hospital cancer centers running clinical trials, and clinicians monitoring post-treatment cancer patients.

Geography

Headquartered in New York City, with an R&D center in Israel (Haifa) and a sequencing laboratory in Cambridge, Massachusetts. Clinical collaborations span the US, Europe and Asia, and the C2inform diagnostic was launched across Europe following CE marking.

History

C2i Genomics raised a $12 million Series A in June 2020 led by Casdin Capital, with NFX Capital and The Mark Foundation for Cancer Research participating. In April 2021 it raised $100 million, reported as a Series B, led by Casdin Capital and structured as a convertible note in two $50 million tranches callable by the company. In April 2022 the company announced the European launch of its C2inform MRD diagnostic after obtaining CE marking, and presented validation data at the AACR meeting in New Orleans. On January 8, 2024, at the J.P. Morgan Healthcare Conference, Veracyte announced an agreement to acquire C2i Genomics for up to $95 million, consisting of $70 million in Veracyte shares at closing plus up to $25 million in milestone consideration over two years, payable in shares or cash at Veracyte's election. By that point Ezra Sofer was serving as chief executive officer and co-founder.

Risks & controversies

The 2021 $100 million financing was structured as a convertible note callable in two $50 million tranches rather than a fully funded equity round. The lead product remains dependent on clinical validation and trial outcomes, with the first MRD test launch expected in 2026, and third-party sources report inconsistent basic company data (for example, differing founding years, headquarters locations and total funding figures).

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Acquisition considerationJan 2024$95M
Sample-to-result turnaroundJan 2024Two weeks
Total funding raisedJan 2024$112M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Jan 2025
TrueMRD platform selected by Gustave Roussy for Phase 3 UMBRELLA trial

The platform was exclusively chosen by Gustave Roussy for the Phase 3 UMBRELLA trial evaluating pre-emptive immunotherapy in MRD-positive patients with non-small cell lung, colorectal and pancreatic cancers and soft tissue sarcomas.

source ↗

Jan 2024
Veracyte agrees to acquire C2i Genomics for up to $95 million

Announced at the J.P. Morgan Healthcare Conference: $70 million in Veracyte shares payable at closing plus up to $25 million over two years contingent on performance milestones, payable in shares or cash at Veracyte's election. First application planned is a muscle-invasive bladder cancer MRD test.

$95M source ↗

Apr 2022
European launch of C2inform MRD diagnostic after CE marking

C2i Genomics formally launched its C2inform minimal residual disease diagnostic across Europe after obtaining CE marking, and presented validation data at AACR in New Orleans.

source ↗

Apr 2021
C2i Genomics raises $100M Series B

Financing led by Casdin Capital, executed as a convertible note with two $50 million tranches callable by the company, to accelerate clinical development and commercialization of the C2-Intelligence Platform and deepen pharmaceutical partnerships.

$100M source ↗

Jun 2020
C2i Genomics raises $12M Series A led by Casdin Capital

Series A financing led by Casdin Capital with NFX Capital and The Mark Foundation for Cancer Research, to fund development and clinical validation of its liquid biopsy monitoring solution for solid cancers.

$12M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does C2i Genomics do?
C2i Genomics develops an AI- and whole-genome-sequencing-based platform for detecting and monitoring minimal residual disease in cancer patients.
Who founded C2i Genomics?
C2i Genomics was founded by Asaf Zviran in 2019.
Who are C2i Genomics's investors?
C2i Genomics's investors include iGlobe Partners, LionBird, NFX, Casdin Capital, Section 32.
How much funding has C2i Genomics raised?
C2i Genomics has disclosed $62M raised across 2 of its 3 known rounds.
Where is C2i Genomics headquartered?
C2i Genomics is headquartered in New York, US.