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BillionToOne

BillionToOne IPO

$1.25B
Series D Valuation, Jun 2024
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BillionToOne IPO date and status

2016
Founded
Oct 2025
S-1 Filed
Nov 2025
IPO Completed

Company details

BillionToOne is a molecular counter platform designed to accurately count DNA molecules to the single-count level. With a mission to detect disorders such as cystic fibrosis and sickle-cell disease, the company optimizes the signal-to-noise ratio through blood testing. The platform specializes in both prenatal and oncology divisions. BillionToOne was founded by David Tsao, Oguzhan Atay, and Sukrit Silas in 2016 and is headquartered in San Francisco, CA.
Founded
2016
Headquarters
Menlo Park, CA, United States
Founders
David Tsao, Ph.D., Oguzhan Atay, Ph.D.
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$1.25B
Total Funding
$396.39MM
Last Funding Round
Series D

Learn more about BillionToOne

To invest in BillionToOne pre-IPO

Can you invest in BillionToOne pre-IPO?

You may invest in BillionToOne as it is a public company listed on the NASDAQ with ticker BLLN. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of BillionToOne before it goes public?

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What is the pre-IPO value of my BillionToOne shares?

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Is BillionToOne a publicly traded company?

BillionToOne became a public company following its IPO on 11/05/2025 and is now traded on the NASDAQ under the ticker BLLN.

To learn more about BillionToOne potential IPO

Will BillionToOne go IPO?

BillionToOne became a public company following its IPO on 11/05/2025 and is now traded on the NASDAQ under the ticker BLLN.

What is BillionToOne’s IPO price?

The IPO price of BillionToOne is not currently available.

When was BillionToOne founded?

BillionToOne was founded in 2016.

What is BillionToOne funding to date?

BillionToOne has raised $396.39MM to date.

BillionToOne major investors

500 Global
Adams Street Partners
Brightway Future Capital
Civilization Ventures
Fifty Years
Four Rivers Group
Hemisphere Ventures
Hof Capital
Hummingbird Ventures
Lombardstreet Ventures
Metaplanet Holdings
Neotribe Ventures
Neuberger Berman
Newdo Venture
Northwest Venture Partners
Nyx Ventures Partners
Premji Invest
Qb3
Start Capital
Time Bioventures
U.S. Department Of Health & Human Services
Uphonest Capital
Y Combinator

BillionToOne pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
06/21/2024 Series D $130.47MM $28.02 $1.25B Adams Street Partners, Baillie Gifford, Civilization Ventures, Fifty Years, Hummingbird Ventures, Libertus Capital, Neuberger Berman, Premji Invest
Price per Share
$ xx.xx
Shares Outstanding
4,656,233
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.2x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Adams Street Partners, Baillie Gifford, Civilization Ventures, Fifty Years, Hummingbird Ventures, Libertus Capital, Neuberger Berman, Premji Invest
12/15/2022 Series C-1 $33.87MM $19.61 $813.63MM Adams Street Partners, Baillie Gifford, Fifty Years, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Time Bioventures
Price per Share
$ xx.xx
Shares Outstanding
1,726,823
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Adams Street Partners, Baillie Gifford, Fifty Years, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Time Bioventures
03/30/2022 Series C $143.5MM $25.49 $973.82MM Adams Street Partners, Baillie Gifford, Civilization Ventures, Fifty Years, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Pacific 8 Ventures, Time Bioventures
Price per Share
$ xx.xx
Shares Outstanding
5,628,825
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Adams Street Partners, Baillie Gifford, Civilization Ventures, Fifty Years, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Pacific 8 Ventures, Time Bioventures
07/12/2021 Series B-1 $55MM $10.61 $341.88MM Four Rivers Group, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
5,182,287
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Four Rivers Group, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Norwest Venture Partners, Y Combinator
03/10/2020 Series B-2 $16.02MM $6.24 $148.58MM 500 Startups, Civilization Ventures, Hof Capital, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Pacific 8 Ventures, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
2,566,902
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Civilization Ventures, Hof Capital, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Pacific 8 Ventures, Y Combinator
03/28/2019 Series A-6 $15.02MM $2.59 $60.38MM 500 Startups, Civilization Ventures, Hof Capital, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Pacific 8 Ventures, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
5,805,861
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Civilization Ventures, Hof Capital, Hummingbird Ventures, Libertus Capital, Neotribe Ventures, Pacific 8 Ventures, Y Combinator
08/22/2017 Series A-4 $49,999.52 $1.94 $45.29MM Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
25,761
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
08/22/2017 Series A-3 $899,999.92 $1.00 $45.29MM Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
899,730
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
08/22/2017 Series A-5 $99,999.84 $0.87 $45.29MM Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
114,613
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
08/22/2017 Series A-2 $909,995.44 $0.80 $45.29MM Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
1,137,210
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
08/22/2017 Series A-1 $539,994.97 $0.40 $45.29MM Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator
Price per Share
$ xx.xx
Shares Outstanding
1,349,650
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Friale, Newdo Venture, Pacific 8 Ventures, Uphonest Capital, Y Combinator

BillionToOne IPO news and media highlights

DNA testmaker BillionToOne claims billion-dollar valuation with $130M funding round

In a series D funding round led by Premji Invest, BillionToOne raised $130 million.

Leading Molecular Diagnostics Company BillionToOne Raises $130 Million in Oversubscribed Series D Funding Over $1B+ Valuation

BillionToOne, a next-generation molecular diagnostics company, announced today that it has raised $130 million in an oversubscribed, upsized Series D round. The financing was led by Premji Invest, with significant participation by another incoming investor, Neuberger Berman, as well as by prominent existing investors, including Adam Street Partners, Baillie Gifford, Hummingbird Ventures, Civilization Ventures, Libertus Capital, and Fifty Years. The funding will be used for expanding and scaling BillionToOne’s prenatal and oncology businesses.

BillionToOne Scores $48.5 Million - Silicon Valley Daily

BillionToOne, Inc., a molecular diagnostics company, has secured an additional $48.5 million of funding from existing equity investors as well as upsized its Term Loan Facility with access to up to $35 million, with its existing lender, Bridge Bank.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Healthcare
Subsector: Biotech & Pharma
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
Spyglass PharmaSpyglass PharmaNot available$ xx.xxSeries D$350.04MM$2.33$75MM
Affinia TherapeuticsAffinia TherapeuticsNot available$ xx.xxSeries C$156.61MM$1.62$40MM
OriginOriginNot available$ xx.xxNot available------

Private market movers

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Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Groq Groq $29.77 -$0.01 (0.03%)High $xxx.xx

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Updated on: Nov 7, 2025

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