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Cernostics - About the company

Cernostics is an acquired company based in Pittsburgh (United States), founded in 2008. It operates as a Diagnostic and prognostic tests for Esophageal Cancer. Cernostics has raised $14.2M in funding from investors like Ben Franklin Technology Partners, Novitas Capital and Pittsburgh Life Sciences Greenhouse, with last known valuation of $*****. The company has 6 active competitors, including 2 funded and 4 that have exited. Its top competitors include companies like Cyted, PAVmed and Lucid Diagnostics.

Company Details

Cernostics is focused on delivering cancer diagnostic and prognostic tests through a unique approach to tissue analysis. Cernostics’s tissue systems biology approach simultaneously evaluates immune, stromal, stem cell and tumor biomarkers on a single slide, while preserving and evaluating tissue structure. Cernostics’ lead product under development, TissueCypher Barrett’s Esophagus Assay, uses whole slide digital imaging technology to produce comprehensive risk prediction for the development of esophageal cancer in patients with Barrett’s Esophagus.
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Registered Address
Pittsburgh, Pennsylvania
Key Metrics
Founded Year
2008
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$14.2M in 10 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 16, 2021
Ranked
Employee Count
16 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Castle Biosciences (Oct 22, 2021)

Cernostics's acquisition details

Cernostics got acquired by Castle Biosciences on Oct 22, 2021.
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Cernostics's funding and investors

Cernostics has raised a total funding of $14.2M over 10 rounds. Its first funding round was on Nov 12, 2009. Its latest funding round was a Series B round on Mar 21, 2018 for $*****. 1 investor participated in its latest round. Cernostics has 7 institutional investors.

Here is the list of recent funding rounds of Cernostics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 21, 2018
3179468
Series B
8162223
8715035
2452674
3661232
Aug 31, 2016
4980482
Series B
4438363
1486044
3288080
Oct 29, 2015
9173045
Grant (prize money)
5838035
9275012
1138395
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Cernostics' founders and board of directors

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Cernostics' employee count trend

Cernostics has 16 employees as of Dec 22. The total employee count is 14.0% more than what it was in Dec 21. Here is Cernostics's employee count trend over the years:
Employee count trend for Cernostics
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Cernostics's Competitors and alternates

Top competitors of Cernostics include Cyted, PAVmed and Lucid Diagnostics. Here is the list of Top 10 competitors of Cernostics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cyted
Cyted
2018, Cambridge (United Kingdom), Series B
Leader in non-endoscopic diagnostics for digestive health, enabling early disease detection and access to care for all
$50.4M
57/100
2nd
Logo for PAVmed
PAVmed
2014, New York City (United States), Public
Developer of medical devices and biomarkers to detect various diseases
$845K
53/100
3rd
Logo for Lucid Diagnostics
Lucid Diagnostics
2018, New York City (United States), Public
Developer of diagnostic kit for oesophagal cancer
-
-
53/100
4th
Logo for Cernostics
Cernostics
2008, Pittsburgh (United States), Acquired
Diagnostic and prognostic tests for Esophageal Cancer
$14.2M
49/100
5th
Logo for BeamLine Diagnostics
BeamLine Diagnostics
2015, London (United Kingdom), Deadpooled
Provider of bedside pre-screening technology for cancer
$1.08M
38/100
6th
Logo for Previse
Previse
2018, Baltimore (United States), Acquired
Provider of diagnostic tests for the detection of cancer
$5.39M
35/100
7th
Logo for Capsulomics
Capsulomics
2018, Baltimore (United States), Seed
Developer of methylation based diagnostic tests for esophageal cancer risk
$50K
25/100
8th
Logo for CapNostics
CapNostics
2013, Newtown Square (United States), Acqui-Hired
FDA cleared swallowable screening device for endoscopic procedures.
-
16/100
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Cernostics's Investments and acquisitions

Cernostics has made no investments or acquisitions yet.

Reports related to Cernostics

Here is the latest report on Cernostics's geography:

News related to Cernostics

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FAQs about Cernostics

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