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Gencove

Platform for genome sequencing

Gencove logo
21-100 employees
  • B2B
  • Biology
  • SaaS
  • API
  • MedTech
Long Island City, NY

Company mission

To bring affordable whole genome sequencing to customers and industries that have never before been able to affordably integrate it at scale.

Top investors

3% employee growth in 12 months

Our take

DNA sequencing has become the foundation for biological advancements, and demand for whole-genome sequencing is on the rise. But no matter its appeal, time and price barriers deter many companies from pursuing this data; whilst those who use classic sequencing methods must trade detail for throughput, or vice versa, disallowing them from making discoveries at the scale and pace required.

In-depth sequencing requires huge amounts of time, and sequencing methods are classically either comprehensive and slow, or swift but limited. Gencove’s technology combines low-pass whole genome sequencing, which reads the DNA fewer times, with a computation layer, to provide a complete set of genomic information with an attainable price tag. By focussing on software over hardware, which has traditionally been at the root of genomic advancements, Gencove has found a way to catch the eye of companies who want to make the most of sequencing data.

Gencove is trusted by leading plant and animal companies, academic institutions such as Harvard and Oxford, biotechnology, diagnostic, genomics, and pharma companies. With its 2021 funding Gencove is embarking on further product development, growing commercially, and building out key functions in the business.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Flexible PTO
  • 3 months paid parental leave
  • Comprehensive health coverage: Medical, dental, vision and life
  • $1,000 USD home office set up allowance

Funding (last 2 of 5 rounds)

Oct 2021

$10m

SERIES A

Mar 2021

$11.9m

SERIES A

Total funding: $26.2m

This company has top investors

Leadership

Former Faculty and Core Member of the New York Genome Center, and previously a Postdoctoral Fellow of Harvard Medical School.

Former Data Scientist at the New York Genome Center, and previously a Research And Development Scientist in the Faculty of Electrical Engineering and Computing at the University of Zagreb.