Caris Life Sciences

Irving, Texas, United States Healthcare & Life Sciences Public

Caris Life Sciences is a patient-centric, next-generation AI TechBio company and precision medicine pioneer that develops and commercializes innovative solutions through comprehensive molecular profiling and advanced AI and machine learning algorithms. The company provides comprehensive molecular profiling services analyzing DNA, RNA, and proteins to understand cancer at the molecular level, including MI Profile (whole exome and transcriptome sequencing for 23,000+ genes), Caris Assure (blood-based diagnostics), and AI-driven molecular tumor board reports. Caris has built one of the largest multimodal databases of combined molecular and clinical outcomes data with more than 740,000 matched patient records.

Public Company

Caris Life Sciences is publicly traded

IPO'd on June 20, 2025

CAI NASDAQ

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

Overview

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

Founded

2008

Employees

1,468–1,700

Total Funding

$2.35B

6 rounds

Last Private Valuation

$7.83B

April 7, 2025

Funding

Total raised $2.35B across 6 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 (growth equity)

Date

May 11, 2021

Amount

$830M

Valuation

$7.83B

Lead Investors

Sixth Street
DateRoundAmount RaisedValuationLead Investors
April 7, 2025 Pre-IPO growth equity $168M Braidwell LP
January 19, 2023 Senior secured debt $400M OrbiMed, Braidwell
May 11, 2021 Series D (growth equity) $830M $7.83B Sixth Street

Leadership

  • David Dean Halbert

    Founder, Chairman & CEO

Caris Life Sciences Investment FAQ

Caris Life Sciences FAQ

Yes, Caris Life Sciences is publicly traded under the ticker symbol CAI on the NASDAQ. The company went public in June 20, 2025.

Caris Life Sciences trades under the ticker symbol CAI on the NASDAQ. It began trading in June 20, 2025.

Caris Life Sciences (CAI 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 CAI to place an order.

Caris Life Sciences went public in June 20, 2025 via ipo, with an offering valuation of approximately $7.83B. Caris Life Sciences completed its initial public offering on June 20, 2025, listing on the Nasdaq Global Select Market under ticker symbol CAI. The company priced 23,529,412 shares at $21.00 per share, raising $494.1 million. Shares began trading June 18, 2025, and surged 33% on the first day of trading. The company achieved a market valuation of $7.9 billion at IPO.

Caris Life Sciences raised $2.35B across 6 disclosed funding rounds prior to its public listing.

Caris Life Sciences was founded by David Dean Halbert in 2008.

Caris Life Sciences is headquartered in Irving, Texas, United States.

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