Grail (Biotechnology)

Menlo Park, CA Healthcare Public

GRAIL is a healthcare company focused on multi-cancer early detection (MCED) through blood-based screening. The company develops and commercializes the Galleri test, a next-generation sequencing-based blood test that can detect more than 50 types of cancer in earlier stages when treatment may be more effective. GRAIL uses population-scale clinical studies, machine learning, and advanced automation to enable early cancer detection and identification.

Public Company

Grail (Biotechnology) is publicly traded

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

Overview

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

Founded

2016

Employees

910–1,423

Total Funding

$9.09B

6 rounds

Latest Valuation

$7.1B

June 24, 2024

Funding

Total raised $9.09B 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

Acquisition by Illumina

Date

August 18, 2021

Amount

$7.1B

Valuation

$7.1B

Lead Investors

Illumina
DateRoundAmount RaisedValuationLead Investors
June 24, 2024 Direct listing / spinoff (Nasdaq) Not disclosed None named
August 18, 2021 Acquisition by Illumina $7.1B $7.1B Illumina
May 13, 2020 Series D $390M Canada Pension Plan Investment Board, Public Sector Pension Investment Board, Illumina

Leadership

  • Josh Ofman

    Chief Executive Officer

  • Bob Ragusa

    Former Chief Executive Officer (retiring June 1, 2026)

  • Richard Klausner

    Board Member

Competitors

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

  • Guardant Health

    Develops liquid biopsy tests including Shield blood test for colorectal cancer screening (FDA approved and Medicare covered) and LUNAR-2 for early colorectal cancer detection.

  • Freenome

    Develops blood-based cancer detection and monitoring tests. Backed by Exact Sciences and Verily.

  • Roche

    Major diagnostics and pharmaceuticals company developing cancer detection solutions.

  • Color Genomics

    Provides genetic testing and precision medicine services.

  • Exact Sciences

    Develops molecular diagnostics for cancer detection including Cologuard for colorectal cancer screening.

Grail (Biotechnology) Investment FAQ

Grail (Biotechnology) FAQ

GRAIL was spun off from Illumina and began trading on Nasdaq under ticker symbol GRAL on June 25, 2024. Illumina shareholders received one share of GRAIL for every six Illumina shares held. Illumina retains a 14.5% stake in GRAIL.

Grail (Biotechnology) 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 to place an order.

Grail (Biotechnology) had a valuation of approximately $7.1B at the time of its public offering. Current market capitalization fluctuates with the share price.

Grail (Biotechnology) raised $9.09B across 6 disclosed funding rounds prior to its public listing.

Grail (Biotechnology) is headquartered in Menlo Park, CA.

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Data collected with AI, which can make mistakes. Please double-check this information.