InVitae

InVitae

Bringing comprehensive, affordable, expert genetic insights into mainstream medical care. To read our community guidelines, visit https://t.co/mWqD4UMDer. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues217m280m460m516m484m524m576m
% growth47 %29 %65 %12 %(6 %)8 %10 %
EBITDA(232m)(645m)(672m)(564m)(193m)(222m)(186m)
% EBITDA margin(107 %)(231 %)(146 %)(109 %)(40 %)(42 %)(32 %)
Profit(242m)(609m)(379m)(3.1b)(1.4b)(328m)(326m)
% profit margin(112 %)(218 %)(82 %)(602 %)(295 %)(63 %)(57 %)
EV / revenue6.8x26.8x9.0x3.2x2.8x2.4x2.2x
EV / EBITDA-6.4x-11.6x-6.2x-2.9x-7.0x-5.8x-6.9x
R&D budget142m241m416m402m---
R&D % of revenue65 %86 %90 %78 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$3.6m

Early VC
N/A

$2.3m

Early VC
N/A

$29.6m

Series A

$40.0m

Series E

$120m

Series F
N/A

€102m

Valuation: €516m

IPO
*
N/A

$44.0m

POST IPO SECONDARY
*
N/A

$74.0m

Post IPO Equity
*
N/A

N/A

Post IPO Equity
*
N/A

$75.0m

Post IPO Equity
*
N/A

$197m

Post IPO Equity
*
N/A

$300m

Post IPO Debt
*
N/A

$184m

Post IPO Equity

$1.2b

Valuation: $7.7b

27.5x EV/LTM Revenues

-11.9x EV/LTM EBITDA

Post IPO Convertible
*
N/A

N/A

Bankruptcy
*

$239m

Valuation: $239m

Acquisition
Total Funding€178m

Recent News about InVitae

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More about InVitaeinfo icon
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Invitae (website: invitae.com) is a pioneering company in the field of genetic testing, aiming to integrate genetic information into everyday medical practice. The company's mission is to make genetic testing affordable and accessible, thereby improving healthcare for a broad range of patients. Invitae serves a diverse clientele, including individuals with a personal or family history of genetic conditions such as breast, ovarian, colorectal, or uterine cancer, as well as those seeking proactive health insights or reproductive health information.

Operating in the healthcare and biotechnology market, Invitae leverages advanced technology to provide comprehensive and reliable genetic tests. Their offerings include diagnostic tests for hereditary conditions, reproductive health screenings, and proactive health assessments. Additionally, Invitae runs sponsored testing programs, which provide no-cost testing for specific conditions, such as long chain fatty acid oxidation disorders.

The company's business model revolves around making genetic testing more accessible by reducing costs and simplifying the process for both clinicians and patients. Invitae generates revenue through several channels: direct payments from patients, insurance reimbursements, and sponsored testing programs. They offer a patient pre-pay option, which allows individuals to pay a flat fee of $250 for certain tests, making it easier for those without comprehensive insurance coverage to access their services.

Invitae's platform is designed to be user-friendly, enabling easy ordering of test kits, scheduling of sample pickups, and tracking of test results. By focusing on affordability and accessibility, Invitae aims to democratize genetic information, empowering patients and healthcare providers with actionable insights that can lead to better health outcomes.

Keywords: genetic testing, healthcare, biotechnology, diagnostics, reproductive health, proactive health, affordable, accessible, insurance, patient care.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by InVitae

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One Codex
ACQUISITION by InVitae Feb 2021
Good Start Genetics
ACQUISITION by InVitae Jul 2017
AltaVoice
ACQUISITION by InVitae Jan 2017
CancerGene Connect (Ommdom)
ACQUISITION by InVitae Jun 2017
Clear Genetics
ACQUISITION by InVitae Nov 2019
CombiMatrix
ACQUISITION by InVitae Jul 2017
ArcherDX
ACQUISITION by Integrated DNA Technologies Dec 2022
Ciitizen
ACQUISITION by InVitae Sep 2021