Paratus Diagnostics - About the company
Paratus Diagnostics is a series A company based in San Marcos (United States), founded in 2012. It operates as a Point-of-care diagnostic systems for infectious diseases. Paratus Diagnostics has raised $8.1M in funding. The company has 347 active competitors, including 82 funded and 51 that have exited. Its top competitors include companies like Adaptive Biotechnologies, MeMed and HaystackAnalytics.
Company Details
Paratus Diagnostics develops point-of-care diagnostic systems for infectious diseases. Its proprietary consumable cartridge Paratus SDS allows for different types of samples (oral, nasopharyngeal, blood, urine, etc. ) to be analyzed using multiplex assays. Assay results can be accessed from anywhere using a smartphone app.
Key Metrics
Founded Year
2012
Location
San Marcos, United States
Stage
Series A
Total Funding
$8.1M in 5 rounds
Latest Funding Round
Investors
Ranked
129th among 347 active competitors
Employee Count
2 as on May 31, 2026
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Paratus Diagnostics's funding and investors
Paratus Diagnostics has raised a total funding of $8.1M over 5 rounds. Its first funding round was on Dec 28, 2015. Paratus Diagnostics has 1 institutional investor.
Here is the list of recent funding rounds of Paratus Diagnostics:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 29, 2018 | 6535167 | Series A | 2617612 | 7572918 | 2413551 | 5826040 |
Feb 15, 2017 | 7354706 | Grant (prize money) | 9574061 | 9324870 | 9683981 | |
Jul 20, 2016 | 7106733 | Seed | 1020749 | 5462609 | 1659860 | 4661502 |
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Paratus Diagnostics' founders and board of directors
Founder? Claim ProfileParatus Diagnostics' employee count trend
Paratus Diagnostics has 2 employees as of May 26. Here is Paratus Diagnostics's employee count trend over the years:
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Paratus Diagnostics's Competitors and alternates
Top competitors of Paratus Diagnostics include Adaptive Biotechnologies, MeMed and HaystackAnalytics. Here is the list of Top 10 competitors of Paratus 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 | 77/100 | |
2nd | Provider of machine learning based diagnostic solutions for infectious diseases | $163M | 69/100 | ||
3rd |  HaystackAnalytics 2018, Mumbai (India), Seed | Provider of genomics technology for personalized clinical decisions | $17.3M | 67/100 | |
4th | Daye 2018, London (United Kingdom), Series A | Manufacturer of period care products and provider of health tests | $19.2M | 60/100 | |
5th |  Huwel Life 2015, Hyderabad (India), Series A | Molecular diagnostic solutions and products for the healthcare industry | $5.74M | 59/100 | |
6th |  Oncimmune 2006, Cambridge (United States), Acquired | Immunodiagnostics company developing biomarker platforms for cancer and immune diseases | - | 58/100 | |
7th |  Karius 2014, Redwood City (United States), Series C | Provider of diagnostics for identifying infectious diseases using microbial DNA | $315M | 58/100 | |
8th | Clear Labs 2014, Menlo Park (United States), Series D | Provider of food safety technologies for the identification of pathogens | $171M | 57/100 | |
9th | Seegene Technologies 2000, Seoul (South Korea), Public | Provider of advanced molecular diagnostics solutions | - | 57/100 | |
10th | Quantamatrix 2010, Seoul (South Korea), Public | Multiplexed platform for disease daignosis | $198K | 55/100 | |
129th | Paratus Diagnostics 2012, San Marcos (United States), Series A | Point-of-care diagnostic systems for infectious diseases | $8.1M | 30/100 |
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Paratus Diagnostics's Investments and acquisitions
Paratus Diagnostics has made no investments or acquisitions yet.
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