Grail is a technology company.
Grail has raised $215.0M across 4 funding rounds.
Key people at Grail.
Grail has raised $215.0M in total across 4 funding rounds.
GRAIL is a biotechnology company pioneering multi-cancer early detection (MCED) technology through its flagship Galleri blood test, which detects signals from over 50 cancer types—many lacking standard screening—via a single draw analyzing cell-free DNA (cfDNA) methylation patterns.[1][2][3] It serves individuals at elevated risk, such as those aged 50+, by identifying cancer early (before symptoms) and predicting its origin (e.g., lungs, colon) with low false positives (<1%), complementing existing screenings to potentially avert 39% of cancer deaths within five years.[1][3][4] Recent growth includes positive top-line results from the PATHFINDER 2 registrational study (June 2025), showing higher cancer detection and positive predictive value than prior studies, with FDA PMA submission expected in H1 2026.[4]
GRAIL emerged in 2015 from Illumina's research breakthrough: repeated sequencing of bloodstream DNA enabled accurate detection of cancer cell fragments, sparking the company as a San Francisco biotech startup under Illumina (San Diego).[1][6][7] Key advocate Richard Klausner, Illumina's chief medical officer and ex-National Cancer Institute director, drove its formation, assembling scientists, engineers, and physicians to leverage next-generation sequencing (NGS), population-scale studies, and machine learning against cancer's challenges.[1][7] Pivotal moments include Galleri's 2021 launch, massive trials (>385K participants, >300 publications), and a 2024 spin-off from Illumina mandated by EU regulators, marking independence amid over 12 petabytes of data generated.[2][3][6][7]
GRAIL rides the convergence of genomics, NGS, AI/machine learning, and big data to shift cancer care from late-stage treatment to population-scale early detection, addressing a market where most cancers (e.g., esophageal, liver) evade screening.[1][2][5] Timing aligns with post-pandemic health tech acceleration and regulatory tailwinds like FDA Breakthrough Designation, amplified by 2025 PATHFINDER 2 data boosting MCED credibility.[4] It influences ecosystems via partnerships with health systems/academic centers, massive datasets enhancing cancer biology insights, and potential to integrate with precision oncology, reducing global cancer burden.[2][4][6]
GRAIL's PATHFINDER 2 momentum positions Galleri for FDA PMA completion by mid-2026, enabling broader U.S. adoption and global expansion amid rising MCED demand.[4] Trends like AI-driven genomics, liquid biopsies, and personalized risk screening will propel growth, though reimbursement and competition loom. Its influence may evolve from pioneer to standard-of-care integrator, tying back to its core mission: detecting cancer early, when it can be cured, potentially transforming millions of lives.[1][5]
Key people at Grail.
Grail has raised $215.0M in total across 4 funding rounds.
Grail's investors include Arboretum Ventures, Baird Capital, Endeavor Venture Funds, ARCH Venture Partners, Triatomic Capital, Venrock.
Grail has raised $215.0M across 4 funding rounds. Most recently, it raised $50.0M Series D in April 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2020 | $50.0M Series D | Arboretum Ventures, Baird Capital, Endeavor Venture Funds | |
| Apr 1, 2018 | $50.0M Series C | Arboretum Ventures, Baird Capital, Endeavor Venture Funds | |
| Jan 1, 2016 | $100.0M Series A | ARCH Venture Partners, Triatomic Capital, Venrock | |
| Dec 1, 2015 | $15.0M Series A | Arboretum Ventures, Baird Capital, Endeavor Venture Funds, Triatomic Capital |
