# Color Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/color-labs

- Industry: Software
- Headquarters: Palo Alto, US
- Total disclosed funding: $41M
- Latest round: Series B (Mar 23, 2011)
- Investors on record: 4

## About

Color Labs specializes in providing innovative cancer care solutions through its Virtual Cancer Clinic, focusing on comprehensive support and accessibility for patients across the United States.Color Labs, founded by Amit Kapasi and Elad Gil, operates a Virtual Cancer Clinic aimed at delivering holistic cancer care. Headquartered in Palo Alto, US, the company was acquired by Apple Inc. in November 2012 for USD 7 mn. The company has engaged in two funding rounds to date, the latest being a Trade Sale which constituted the total amount raised.Color Health, Inc. offers a comprehensive suite of cancer care solutions through its Virtual Cancer Clinic. This service encompasses an in-house medical team, including licensed oncologists, primary care physicians, genetic counselors, and oncology-trained care advocates, operating across all 50 states. Color focuses on assessing cancer risk, increasing screening accessibility, expediting diagnosis, guiding treatment, and supporting survivors, primarily targeting employers, health plans, unions, and consultants to enhance employee benefits.Color Health generates revenue through partnerships with employers, health plans, and other organizations, utilizing a B2B transaction model. Clients subscribe to services that provide employees access to comprehensive cancer care solutions, generating revenue through subscription fees and fees related to genetic testing and screening services. These offerings reinforce the value proposition for clients concerned about health outcomes and associated costs.Following the acquisition by Apple, Inc. in November 2012, Color Labs plans to leverage its resources for future product launches and geographical expansion. The company is exploring the introduction of new services tailored to enhance cancer care accessibility. Specific target markets for expansion have yet to be disclosed. The recent funding from the Trade Sale will be utilized to support these initiatives, enhancing operational capabilities and broadening service outreach.

## Funding rounds

- Series B, Mar 23, 2011, $41M — Redpoint Ventures, Bain Capital, Hong Shan, Silicon Valley Bank

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B
- Hong Shan — Series B
- Silicon Valley Bank — Series B