First Light Diagnostics - About the company
First Light Diagnostics is a series A company based in Chelmsford (United States), founded in 2007. It operates as a Rapid diagnostics for antibiotic resistance, enabling faster, targeted therapy decisions. First Light Diagnostics has raised $17.4M in funding from investors like Beacon Angels, Think.Health and 10x Group. The company has 335 active competitors, including 80 funded and 50 that have exited. Its top competitors include companies like Adaptive Biotechnologies, MeMed and Inflammatix.
Company Details
Rapid diagnostics for antibiotic resistance, enabling faster, targeted therapy decisions. This company is focused on revolutionizing rapid microbiology with its innovative platform technology. Their culture-free antimicrobial susceptibility testing delivers results in hours, not days, empowering clinicians to make informed therapy decisions at the onset of infection. The platform offers pathogen identification in minutes directly from patient samples, improving patient outcomes and enhancing antibiotic stewardship programs. This technology addresses the critical need for faster and more accurate diagnostics in the fight against antibiotic resistance, ultimately saving lives and improving healthcare.
- Website
- www.firstlightdx.com/
- Email ID
- *****@firstlightdx.com
- Phone Number
- +1 **********
- Registered Address
- 2 Omni Way Chelmsford, MA 01824 USA
Key Metrics
Founded Year
2007
Location
Chelmsford, United States
Stage
Series A
Total Funding
$17.4M in 21 rounds
Latest Funding Round
Investors
Ranked
32nd among 335 active competitors
Employee Count
33 as on Dec 31, 2020
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Legal entities associated with First Light Diagnostics
First Light Diagnostics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
First Light Diagnostics, Inc CIN: 20-8121817 , United States, Active | Dec 31, 2006 | - | 33 (As on Dec 31, 2020) | - |
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First Light Diagnostics's funding and investors
First Light Diagnostics has raised a total funding of $17.4M over 21 rounds. Its first funding round was on Apr 15, 2007. Its latest funding round was a Grant (prize money) round on Oct 27, 2020 for $*****. 1 investor participated in its latest round. First Light Diagnostics has 14 institutional investors.
Here is the list of recent funding rounds of First Light Diagnostics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 27, 2020 | 9698753 | Grant (prize money) | 1828574 | 7813616 | 9168767 | 1348576 |
Dec 18, 2019 | 5168303 | Grant (prize money) | 9154395 | 2187855 | 9070066 | |
Jun 19, 2019 | 6261224 | Conventional Debt | 9562725 | 5112637 | 8185802 |
View details of First Light Diagnostics's funding rounds and investors
First Light Diagnostics' founders and board of directors
Founder? Claim ProfileFirst Light Diagnostics' employee count trend
First Light Diagnostics has 33 employees as of Dec 20. The total employee count is 35.0% lower than what it was in Dec 19. Here is First Light Diagnostics's employee count trend over the years:
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First Light Diagnostics's Competitors and alternates
Top competitors of First Light Diagnostics include Adaptive Biotechnologies, MeMed and Inflammatix. Here is the list of Top 10 competitors of First Light Diagnostics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Adaptive Biotechnologies 2009, Seattle (United States), Public | Provider of clinical diagnostics, and drug discovery for immune diseases | $419M | 72/100 | |
2nd | Provider of machine learning based diagnostic solutions for infectious diseases | $163M | 69/100 | ||
3rd | Inflammatix 2016, San Francisco (United States), Series E | Provider of diagnostic solutions for systemic infections | $191M | 64/100 | |
4th | HaystackAnalytics 2018, Mumbai (India), Seed | Provider of genomics technology for personalized clinical decisions | $17.3M | 58/100 | |
5th | Karius 2014, Redwood City (United States), Series C | Provider of diagnostics for identifying infectious diseases using microbial DNA | $315M | 58/100 | |
6th | Clear Labs 2014, Menlo Park (United States), Series D | Provider of food safety technologies for the identification of pathogens | $171M | 57/100 | |
7th | Seegene Technologies 2000, Seoul (South Korea), Acquired | Developer of molecular diagnostic kits to detect infectious and genetic diseases | - | 57/100 | |
8th | Developer of diagnostic solutions for sepsis and acute infections | $92.5M | 56/100 | ||
9th | T2 Biosystems 2006, Lexington (United States), Public | Developer of miniaturized MRI platforms for clinical diagnostics | $454M | 55/100 | |
10th | Quantamatrix 2010, Seoul (South Korea), Public | Multiplexed platform for disease daignosis | $198K | 55/100 | |
32nd | First Light Diagnostics 2007, Chelmsford (United States), Series A | Rapid diagnostics for antibiotic resistance, enabling faster, targeted therapy decisions | $17.4M | 45/100 |
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First Light Diagnostics's Investments and acquisitions
First Light Diagnostics has made no investments or acquisitions yet.
News related to First Light Diagnostics
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First Light Diagnostics Appoints New Chief Operating OfficerNewswire•May 06, 2020•First Light Diagnostics, Roche
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