Color Health was founded in 2015 by Elad Gil, Nish Bhat, Othman Laraki, and Taylor Sittler. While the company has not spoken publicly about an IPO, a successful round of funding in 2021 pushed the company to a post-money valuation of $4.6 billion, securing unicorn status by a wide margin. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Color Health offers a wide variety of gene testing services, as well as large-scale COVID-19 testing solutions. In light of the global health situation, the company has scaled up its public health programs. According to a press release, Color "is currently running the largest COVID-19 testing program for K-12 schools in the nation." The latest round of funding brought in $100 million, bringing the total funding to $378 million from investors including Kindred Ventures, T. Rowe Price Associates, General Catalyst, Viking Global Investors, and Emerson Collective.

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Learn more about Color

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Is Color a publicly traded company?

Color is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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Will Color go IPO?

Color has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is Color's IPO price?

The IPO price for Color will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Color pre-IPO?

Color is privately held company and is not publicly traded, therefor investing in Color pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is the value of my Color shares?

To determine the value of your Color shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Color shares. You can also learn more about how to sell your private shares before getting started.

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Can you sell Color before it goes public?

Yes, you can seek to sell shares in Color while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

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What is Color's funding to date?

Color has raised $416.07MM to date.
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When was Color founded?

Color was founded in 2014.

Who are Color's major investors?

Khosla Ventures
8VC
General Catalyst
Shasta Ventures
Viking Global Investors
Resolute Ventures
Comcast Ventures
AME Cloud Ventures
T. Rowe Price
Caffeinated Capital
Initialized Capital Management
Nima Capital
Pegasus Tech Ventures
Quiet Capital
Kindred Ventures
Homebrew
SciFi VC
Jaws Ventures
Nimble Ventures
Agnostic Ventures

Color funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
11/9/2021

Series E

$100MM raised $XXX.XX $XXX.XX
1/4/2021

Series D and D-1

$156.75MM raised $XXX.XX $XXX.XX
1/14/2020

Series C and C-1

$89.44MM raised $XXX.XX $XXX.XX
9/27/2016

Series B

$47.4MM raised $XXX.XX $XXX.XX
5/15/2015

Series A

$22.49MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.