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Counsyl

acquired by Myriad Genetics

Founded 1991 · 2,925 employees on LinkedIn · 4 known investors

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Acquired by Myriad Genetics July 2018 · $375M · source ↗

Counsyl was a clinical genetic-screening company offering DNA carrier screening for family planning, prenatal screening, and inherited cancer risk tests, processed in its own CLIA-certified lab. Co-founded in 2007 with Balaji Srinivasan as CTO, it screened hundreds of thousands of patients before Myriad Genetics acquired it for $375 million in 2018.

BiotechDigital HealthHealthtech

Founders & leadership

Counsyl was founded in 1991 by Balaji Srinivasan.

BSBalaji Srinivasan
Balaji SrinivasanCo-founder & CTOformerHe previously served as CTO of Coinbase and as a General Partner at Andreessen Horowitz, co-founded Earn.com, Teleport, and Coin Center, and holds BS/MS/PhD degrees in Electrical Engineering and an MS in Chemical Engineering from Stanford University.

Investors · 4

WP Global Partnerslisted by WP Global PartnersChicago · $5M – $25M
Goldman SachsreportedNew York

How we know: funding news · Not right? Tell us

Also in the syndicate · 1

Perceptive Advisors

Funding

SEC filings, press & company announcements

$80M disclosed across 1 round · 2017

  • $80MraisedNov 2017 · 2 sources

    Perceptive Advisors

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Counsyl Celebrates Anniversary With $80M Funding Round - BioSpacebiospace.com · Nov 2017

Frequently asked questions

What does Counsyl do?
Counsyl was a clinical genetic-screening company offering DNA carrier screening for family planning, prenatal screening, and inherited cancer risk tests, processed in its own CLIA-certified lab. Co-founded in 2007 with Balaji Srinivasan as CTO, it screened hundreds of thousands of patients before Myriad Genetics acquired it for $375 million in 2018.
Who founded Counsyl?
Counsyl was founded by Balaji Srinivasan in 1991.
Who are Counsyl's investors?
Counsyl's investors include Revelation Partners, WP Global Partners, Goldman Sachs.
How much funding has Counsyl raised?
Counsyl has disclosed $80M raised across 1 round.
Who acquired Counsyl?
Counsyl was acquired by Myriad Genetics.