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.
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.
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.
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.
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.
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.
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 |