March Private Market UpdateFebruary shows slight uptick in Forge’s investor interest prior to bank turbulence
March Private Market Update
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 does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Color will be known as it becomes public. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/9/2021 | Series E | $4.6B | $XXX.XX | $XXX.XX |
| 1/4/2021 | Series D and D-1 | $1.52B | $XXX.XX | $XXX.XX |
| 1/14/2020 | Series C and C-1 | $418.93MM | $XXX.XX | $XXX.XX |
| 9/27/2016 | Series B | $162.39MM | $XXX.XX | $XXX.XX |
| 5/15/2015 | Series A | $64.25MM | $XXX.XX | $XXX.XX |
Color is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Color pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
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.
