Sherlock Biosciences

Sherlock Biosciences

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Private Company

Total funding raised: $115M

Overview

Sherlock Biosciences is a pioneering diagnostics company leveraging two foundational CRISPR-based and synthetic biology platforms, SHERLOCK and INSPECTR, to create a new generation of molecular tests. The company aims to democratize diagnostics by enabling rapid, low-cost, and instrument-free detection of pathogens and genetic markers at the point-of-need. While still in the development and partnership stage, its technology has significant potential for applications in infectious disease, oncology, and at-home testing. As a private company, its progress is driven by strategic collaborations, venture funding, and the pursuit of regulatory approvals for its innovative diagnostic products.

Infectious DiseaseOncology

Technology Platform

Two core platforms: 1) SHERLOCK, a CRISPR-Cas13-based system for highly sensitive, specific nucleic acid detection, and 2) INSPECTR, a synthetic biology, enzyme-free, strand-displacement circuit for low-cost, stable diagnostics.

Funding History

2
Total raised:$115M
Series B$80M
Series A$35M

Opportunities

The massive and growing demand for decentralized, rapid, and consumer-accessible molecular diagnostics presents a significant opportunity.
Sherlock's platforms are uniquely positioned to enable lab-quality testing at the point-of-care and at home, potentially capturing share in infectious disease, oncology monitoring, and global health markets.
Strategic partnerships with large diagnostics or pharmaceutical companies could accelerate market entry and scale.

Risk Factors

Key risks include the significant technical and regulatory challenges of commercializing novel diagnostic platforms, especially for at-home use.
The company faces intense competition from both established diagnostics giants and other CRISPR-diagnostics startups, and its success depends on navigating a complex CRISPR intellectual property landscape while achieving market adoption against entrenched testing methods.

Competitive Landscape

Sherlock competes in the molecular diagnostics space against large, established players like Roche, Abbott, and Danaher (Cepheid), which dominate with PCR-based systems. It also faces competition from other companies developing CRISPR-based diagnostics (e.g., Mammoth Biosciences, Carver Biosciences) and novel detection technologies. Its differentiation hinges on the combination of high sensitivity (SHERLOCK) and potential for ultra-low-cost, stable formats (INSPECTR).