When was Chip Diagnostics founded?

Chip Diagnostics was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Chip Diagnostics located?

Chip Diagnostics is headquartered in Philadelphia, United States.

How many employees does Chip Diagnostics have?

As of Jul 01, 2024, the latest employee count at Chip Diagnostics is 9.

Is Chip Diagnostics a funded company?

Chip Diagnostics is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 08, 2016.

When was the latest funding round of Chip Diagnostics?

Chip Diagnostics' latest funding was a $***** Seed round on Mar 08, 2016, with participation from 0 investor. Its primary sector is Life Sciences Platforms and Tools. In United States, the Life Sciences Platforms and Tools sector has seen $899M in funding in 2026 to date.

Where does Chip Diagnostics rank among its competitors?

Chip Diagnostics ranks 61st amongst 99 active competitors, of which 29 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Oncobit, which secured $2.36M in Dec, 2025.

Who are the top competitors of Chip Diagnostics?

Chip Diagnostics' top competitors include Biological Dynamics, Fluidic Analytics and Oncobit. Among them, Oncobit secured the most recent funding round in December, 2025.

Chip Diagnostics - 2026 Company Profile, Team, Funding & Competitors

Company Details

Penn Center for Innovation: University of Pennsylvania's tech transfer and venture arm, fostering innovation and entrepreneurship. It commercializes groundbreaking technologies, supports startups, and connects researchers with industry partners. The center facilitates technology licensing, corporate alliances, and sponsored research. It aids inventors in disclosing inventions and guides entrepreneurs through the startup journey. It also offers resources for navigating the entrepreneurial ecosystem. The center supports ventures across digital health, diagnostics, advanced materials, therapeutics, and medical devices. It aims to translate research into real-world impact, driving economic development and societal benefit. It also provides resources for faculty forming new ventures, and connects investors with promising companies based on university technology.

Key Metrics

Founded Year

2016

Location

Philadelphia, United States

Stage

Seed

Total Funding

$250K in 1 round

Latest Funding Round

Seed, Mar 08, 2016, $*****

Investors

Grays Ferry Capital

Ranked

61^st among 99 active competitors

Employee Count

9 as on Jul 01, 2024

Similar Companies

Biological Dynamics & 123 more

View Chip Diagnostics' full profile

Chip Diagnostics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHIP Diagnostics, Inc. CIN: 475590543 , United States, Active		-	-	-

Chip Diagnostics has raised a total funding of $250K over 1 round. Chip Diagnostics has 1 institutional investor.

Here is the list of recent funding rounds of Chip Diagnostics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2016	2893394	Seed	2442416	5382084	2706916	1952409

Access funding benchmarks and valuations. Sign up today!

View details of Chip Diagnostics's funding rounds and investors

The founders of Chip Diagnostics is David Issadore.

Here are the details of Chip Diagnostics' key team members:

David Issadore: Founder of Chip Diagnostics.

View details of Chip Diagnostics's Founder profiles and Board Members

Chip Diagnostics' employee count trend

Chip Diagnostics has 9 employees as of Jul 24. Here is Chip Diagnostics's employee count trend over the years:

Employee count trend for Chip Diagnostics

Uncover Chip Diagnostics' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Chip Diagnostics include Biological Dynamics, Fluidic Analytics and Oncobit. Here is the list of Top 10 competitors of Chip Diagnostics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Biological Dynamics 2010, San Diego (United States), Series C	Provider of molecular diagnostics plaform	$67.6M	Heritage Group, Alexandria & 6 others	57/100
2nd	Fluidic Analytics 2013, Cambridge (United Kingdom), Series C	Develops microfluidic-based tools for protein characterization	$40.5M	Draper Esprit, IQ Capital & 23 others	54/100
3rd	Oncobit 2018, Zurich (Switzerland), Series A	Developer of diagnostic and monitoring tests for precision treatment	$6.58M	Swiss ICT Investor Club, AVANTECA & 2 others	52/100
4th	Miroculus 2014, San Francisco (United States), Acquired	Developer of MicroRNA profiling platform to detect genes in the sample	$48.4M	Cota Capital, Nazca & 11 others	50/100
5th	Genedrive 2000, Manchester (United Kingdom), Public	Provider of point of care molecular diagnostics platform for genotyping and sequence analysis	-	Global Health Investment Fund, Calculus Capital	49/100
6th	C3J Therapeutics 2006, Los Angeles (United States), Series D	Developing phage therapeutics to combat antibiotic-resistant bacterial infections	$154M	Renaissance Acquisition Holdings, HHS & 1 others	48/100
7th	Molecular Designs 2019, Birmingham (United States), Funding Raised	Developer of molecular diagnostic kits for the detection of a wide range of diseases	-	Excellere Partners, Excellere	46/100
8th	InDex Pharmaceuticals 2000, Stockholm (Sweden), Public	DNA-based immunomodulatory sequence medication for the treatment of inflammtatory bowel disease.	$45.4M	SEB, Industrifonden & 5 others	46/100
9th	Precision Nanosystems 2010, Vancouver (Canada), Acquired	Manufactures instruments, kits, and reagents for nanomedicine development	$25.4M	5AM Ventures, Telegraph Hill Partners & 8 others	44/100
10th	IDEX Health & Science 2002, Rohnert Park (United States), Unfunded	Optofluidic and optical solutions for life science and health industries	-	-	44/100
61st	Chip Diagnostics 2016, Philadelphia (United States), Seed	Penn Center for Innovation: University of Pennsylvania's tech transfer and venture arm	$250K	Grays Ferry Capital	26/100