Billion to One

Menlo Park, California Healthcare Public

BillionToOne is a precision diagnostics company that develops molecular diagnostics using its proprietary Quantitative Counting Templates (QCT) platform to detect and quantify genetic targets at the single-molecule level. The company focuses on prenatal screening through its UNITY prenatal screening tests and liquid biopsy solutions for oncology applications. Its patented smNGS platform achieves single-molecule resolution for detecting disease-related DNA fragments with absolute quantification.

Public Company

Billion to One is publicly traded

IPO'd on November 6, 2025

BLLN Nasdaq

This company is no longer available on our private secondary market. Shares can be traded publicly under BLLN.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Employees

500–1,000

Total Funding

$528.5M

7 rounds

Last Private Valuation

$1B

June 2024

Funding

Total raised $528.5M across 7 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

June 2024

Amount

$130M

Valuation

$1B

Lead Investors

Premji Invest
DateRoundAmount RaisedValuationLead Investors
June 2024 Series D $130M $1B Premji Invest
2024 Debt Facility $140M Not disclosed
December 15, 2022 Series C Extension $48.5M Not disclosed

Leadership

  • Oguzhan Atay

    Co-Founder and Chief Executive Officer

  • David Tsao

    Co-Founder and Chief Technology Officer

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Natera

    Leading prenatal screening company with Panorama and Horizon tests for genetic risk assessment; dominant player with ~35-40% prenatal screening volume.

  • Invitae

    Genetic testing company offering carrier screening and NIPT tests in the reproductive health and prenatal diagnostics space.

  • Myriad Genetics

    Diagnostic company offering Prequel noninvasive prenatal screening test competing directly with BillionToOne's UNITY tests.

  • LabCorp

    Major clinical laboratory company offering MaterniT21 NIPT prenatal screening test.

  • Illumina

    Genomics sequencing company with VeriSeq NIPT solution and owner of GRAIL for oncology diagnostics.

  • Quest Diagnostics

    Major clinical diagnostic company offering prenatal screening and molecular diagnostic services.

Billion to One Investment FAQ

Billion to One FAQ

Yes, Billion to One is publicly traded under the ticker symbol BLLN on the Nasdaq. The company went public in November 6, 2025.

Billion to One trades under the ticker symbol BLLN on the Nasdaq. It began trading in November 6, 2025.

Billion to One (BLLN on the Nasdaq) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker BLLN to place an order.

Billion to One went public in November 6, 2025 via ipo, with an offering valuation of approximately $1B. BillionToOne completed its initial public offering on November 6, 2025, on the Nasdaq Global Select Market under ticker symbol BLLN. The company raised $273.1 million at an IPO price of $60 per share, which was $5 above the initial range of $49-$55. The stock surged approximately 81.5% on its first trading day, closing at $108.94, valuing the company at $4.4 billion.

Billion to One raised $528.5M across 7 disclosed funding rounds prior to its public listing.

Billion to One was co-founded by Oguzhan Atay, and David Tsao in 2016.

Billion to One is headquartered in Menlo Park, California.

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