# Theranos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/theranos

- Industry: Biotechnology
- Headquarters: Palo Alto, US
- Total disclosed funding: $93M
- Latest round: Series C (Jul 1, 2010)
- Investors on record: 5

## About

Based in California, US, and founded in 2003 by Elizabeth Holmes, Theranos, Inc. operates as a biotechnology company that provides diagnostic devices for blood testing. In December 2017, Theranos, Inc. raised USD 100 million in venture debt financing from Fortress Investment Group, and in September 2018, Theranos, Inc. discontinued its operations. Theranos created several proprietary technologies, such as the Theranos miniLab, a compact device capable of processing and analyzing small blood samples. This device offers the functions of a full diagnostics laboratory in a portable form. The firm also developed additional technologies including the Sample Collection Device (SCD), which collected finger-prick blood into Nanotainer tubes, and the Theranos Virtual Analyzer (TVA), a remote server that analyzed miniLab data and monitored device performance. These innovations aimed to make diagnostic testing decentralized and user-friendly.

## Funding rounds

- Series C, Jul 1, 2010, $45M — ATA Ventures Management
- Series C, Nov 13, 2006, $9.8M — ATA Ventures Management, TAKO Ventures, Continental Properties, Lawrence J Ellison Revocable Trust
- Series C, Oct 26, 2006, $23M — ATA Ventures Management, TAKO Ventures, Continental Properties, Lawrence J Ellison Revocable Trust
- Series B, Feb 16, 2006, $10M — Draper Fisher Jurvetson, ATA Ventures Management
- Series A, Feb 10, 2005, $0.1M — Draper Fisher Jurvetson
- Series A, Jan 26, 2005, $1.1M — Draper Fisher Jurvetson
- Series A, Dec 17, 2004, $4.6M — Draper Fisher Jurvetson

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series B
- ATA Ventures Management (https://capitalatlas.ai/funds/ata-ventures-management) — Series B, Series C
- TAKO Ventures (https://capitalatlas.ai/funds/tako-ventures) — Series C
- Continental Properties — Series C
- Lawrence J Ellison Revocable Trust — Series C