Ambry Genetics

Ambry Genetics

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Private Company

Total funding raised: $95M

Overview

Ambry Genetics is a leading, well-established clinical genetic testing laboratory with a 25-year history. Its core business focuses on diagnostic services for hereditary cancer and rare diseases, leveraging proprietary technologies like +RNAinsight™ and the Patient for Life™ reanalysis program to improve diagnostic yield and accuracy. The company operates a services-based business model, generating revenue from test fees, and has processed over one million tests, demonstrating significant market adoption. Ambry emphasizes scientific rigor, participates in landmark research, and offers digital health tools like the Ambry CARE Program® to identify at-risk patients.

Hereditary CancerRare DiseaseHereditary Cardiovascular DiseaseNeurodevelopmental DisordersEpilepsy

Technology Platform

Integrated DNA and RNA analysis platform (+RNAinsight®) for variant detection and classification; Proactive exome reanalysis (Patient for Life™); Digital health platform for patient identification (CARE Program®).

Funding History

3
Total raised:$95M
Series C$50M
Series B$30M
Series A$15M

Opportunities

Expansion of genetic testing into broader populations through digital tools like the CARE Program® offers significant growth potential.
The increasing clinical validation of RNA sequencing and proactive data reanalysis creates a durable competitive advantage and addresses critical unmet needs in diagnostic yield and health equity.

Risk Factors

Key risks include dependence on favorable insurance reimbursement policies, which are subject to change, and intense competition in the commercial genetic testing market.
The company also faces inherent liability risks associated with the clinical interpretation of complex genetic data.

Competitive Landscape

Ambry competes in the crowded clinical genetic testing market against large public diagnostics companies (e.g., Labcorp, Quest, Myriad Genetics) and other specialized labs. Its differentiation is based on scientific rigor, proprietary RNA-informed testing, and unique service models like lifelong exome reanalysis, rather than competing solely on price or test menu breadth.