Freenome

Outpacing cancer starts with early detection

South San Francisco, United States · Founded 2014 · $554.0M raised

Employees
501–1000
Founded
2014
Business Model
B2B
Total Funding
$554.0M
Last Round
$254.0M Series EFeb 2024
Rounds
2

About

Freenome is a high-growth biotech company developing next-generation blood tests to detect cancer in its earliest, most treatable stages. Founded in 2014 and headquartered in Brisbane, California, Freenome uses a multiomics platform that analyzes genomic, epigenomic, and proteomic biomarkers—including tumor-derived cell-free DNA—combined with machine learning to produce actionable cancer screening results from a standard blood draw. The company's lead program targets colorectal cancer (PREEMPT CRC Study) with additional programs in lung and other cancers. In 2025, Freenome entered an exclusive license agreement with Exact Sciences for its colorectal cancer blood test and announced a $330M SPAC merger to go public.

Summary

Freenome is an Artificial Intelligence company based in South San Francisco, United States, founded in 2014. It has raised $554.0M in total across 2 rounds, most recently a $254.0M Series E round in Feb 2024. Investors include Roche, Perceptive Advisors and Bain Capital Life Sciences.

Tech & App Stack

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Funding History

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Series ESeries EFeb 2024
$254.0M

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Series D through Series E — per-round amounts, valuations, and who invested in each round.

Investors

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