Seer

Seer

SEER
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Private Company

Total funding raised: $157M

Market Cap: $103.0MFounded: 2017HQ: Redwood City, United States

Overview

Seer is a commercial-stage proteomics company aiming to accelerate the field of proteomics to match the pace of genomics. Its core innovation is the Proteograph Product Suite, a nanoparticle-based enrichment technology that enables deep, unbiased, and scalable proteomic analysis from complex biological samples. The company's strategy involves selling its integrated platform (assays, consumables, software) while also offering high-value service contracts through its Seer Technology Access Center (STAC) to drive adoption and generate revenue. Despite a challenging market valuation, Seer has established a growing catalog of definitively identified proteins and is focused on penetrating academic, biopharma, and clinical research markets.

OncologyNeurodegenerative DiseasesCardiovascular Diseases

Technology Platform

Proprietary nanoparticle-based protein enrichment technology (Proteograph) that enables unbiased, deep, and scalable proteomic analysis from complex biological samples, coupled with integrated data analysis software.

Funding History

4
Total raised:$157M
Series C$80M
Series B$55M
Series A$17.5M
Seed$4.5M

Opportunities

The global proteomics market represents a multi-billion dollar opportunity driven by the need for functional biomarkers beyond genomics.
Seer's unbiased platform is well-positioned for the discovery phase of large-scale population studies and biopharma R&D, with its Technology Access Center providing a direct revenue stream and adoption funnel.

Risk Factors

Key risks include slow commercial adoption against entrenched competitors, technological disruption in the fast-moving proteomics field, and financial sustainability given its low public market valuation and the need to demonstrate a clear path to profitability.

Competitive Landscape

Seer competes with targeted, high-throughput proteomic platforms (e.g., Olink, Somalogic) and traditional mass spectrometry sample prep methods. Its differentiation is unbiased discovery and depth at scale, bolstered by a recently upheld patent on its nanoparticle enrichment technology.

Company Timeline

2017Founded

Founded in Redwood City, United States

2020Series B

Series B: $55.0M

2021Series C

Series C: $80.0M