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SomaLogic, Inc.
Business Summary
SomaLogic, Inc. is a privately-held, venture capital backed biomarker discovery and clinical proteomics company that engages in developing protein signature applications and instrument platforms based on aptamer array technology. It has a strategic collaboration with deCODE Biostructures, Inc. Founded in 1999 by Dr. Larry Gold, SomaLogic, Inc. is headquartered in Boulder, Colorado.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 1999 |
| Fiscal Year End: | 12/31 |
| City: | Boulder |
| State/Province: | Colorado |
| Country: | United States |
| Phone: | View |
| Website: | www.somalogic.com |
Corporate Organization
| Brands: | SOMAmers |
| Founders: | Larry Gold |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Technology > Biotechnology > Artificial Organs & Pacemakers |
| Technology > Biotechnology > Medical Diagnostic Technology |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | SomaLogic, Inc. fiscal year end: 12/31 |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Aug. 2010 | Completed | View | View | Minority Stake Purchase | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Nov. 2000 | LODH Private Equity Partners | Other | ||
| Nov. 2000 | NewWest Capital Partners | Other | Private Equity | |
| Nov. 2000 | ProQuest Investments | Other | Venture Capital | |
| Nov. 2000 | SG Gestion | Other | ||
| Nov. 2000 | Skye Investment Advisors | Other | ||
| Details | Total Round Other $23,000,000 | |||
| Dec. 2002 | Mitsui & Co Ltd | C | Corporate | |
| Dec. 2002 | ProQuest Investments | C | Venture Capital | |
| Dec. 2002 | Societe Generale | C | Venture Capital | |
| Details | Total Round C1 $19,502,996 | |||
| Feb. 2003 | Mitsui & Co Ltd | Other | Corporate | |
| Feb. 2003 | LODH Private Equity Partners | Other | ||
| Feb. 2003 | NewWest Capital Partners | Other | Private Equity | |
| Feb. 2003 | ProQuest Investments | Other | Venture Capital | |
| Feb. 2003 | SG Gestion | Other | Private Equity | |
| Feb. 2003 | Skye Investment Advisors | Other | Private Equity | |
| Details | Total Round Other $19,500,000 | |||
| Nov. 2003 | Mitsui & Co Ltd | D | Corporate | |
| Nov. 2003 | ProQuest Investments | D | Venture Capital | |
| Nov. 2003 | Sumitomo Bakelite Co. Ltd. | D | Corporate | |
| Details | Total Round D2 $11,000,000 | |||
| May. 2005 | Quest Diagnostics Incorporated | Other | Venture Capital | |
| Details | Total Round Other $15,000,000 | |||
| Sep. 2007 | View | Venture Round | Venture Capital | |
| Sep. 2007 | View | Venture Round | Corporate | |
| Sep. 2007 | View | Venture Round | Corporate | |
| Details | Total Round Venture Round3 View | |||
| May. 2008 | View | Other | Venture Capital | |
| May. 2008 | View | Other | Venture Capital | |
| May. 2008 | View | Other | ||
| Details | Total Round Other View | |||
| Aug. 2010 | View | Other | Corporate | |
| Details | Total Round Other View | |||
| Nov. 2010 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Total of Funding Shown Above View | ||||
| 1 | Total amount offered was $25,000,000. Total number of investors was 16. - Details → |
| 2 | Total amount offered $12,500,014. - Details → |
| 3 | Total...Read More → |
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Detailed Business Description: SomaLogic, Inc.
SomaLogic Business Model
SomaLogic, Inc. is a privately-held company that operates as a protein biomarker discovery and clinical diagnostics company. SomaLogic’s two primary offerings include, SOMAmers (Slow-Offrate Modified Aptamers), which are modified nucleic acid-based protein binding reagents that are specific for their cognate protein; and SOMAscan that provides protein detection and equipment. SomaLogic’s SOMAmer/SOMAscan technology enables to discover protein biomarker signatures, drug discovery and development, and clinical diagnostics.
SomaLogic's SOMAmer and SOMAscan are designed to accurately and rapidly identify and quantify more than 1,100 proteins across seven logs of concentration in small sample volumes. SomaLogic’s competitive advantage lays in the breadth and depth of coverage its devices offer in biomarker discovery, diagnostics development, and pharmaceutical discovery and development. SomaLogic’s products have applications in the… Continue Reading →
Supplemental Resources
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