The Venture Codex Logo

The Venture Codex

Rosemont Seneca Technology Partners

V Street NW, Washington, DC, 20007, United States

Overview

Rosemont Seneca Partners is business development and policy advisory firm focused on the infrastructure.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
0
Visit website

Investment portfolio

  • Counsyl

    Led · Series D · May 2014

    Counsyl develops genetic screening products and services for women and their families, including expanded carrier screening, non-invasive prenatal screening, and hereditary cancer screening. The company operates a CLIA-certified clinical laboratory that it describes as highly automated and engineered for efficiency, rapid turnaround, and reduced costs. Counsyl says its products provide actionable information to guide reproductive and cancer risk decisions and aims to make these screens routine in clinical care. Since inception it has screened more than 850,000 patients, served over 17,000 healthcare providers, and delivered more than 60,000 genetic counseling sessions. The company announced new financing to support continued growth and product adoption. Counsyl positions itself as a long-term leader in women’s health screening services. Counsyl provides a platform that gives people access to information about their bodies and returns health information in two weeks or less. It uses custom-built robots to process blood and saliva samples alongside a team of scientists and engineers to simultaneously analyze thousands of DNA samples with precision and efficiency. The company has launched an Inherited Cancer Screen starting with BRCA1 and BRCA2 and is advancing its Family Prep Screen for couples planning to start a family. Counsyl has also announced Counsyl Complete, a platform for online communication of results between physicians and patients. The company plans to use new funds to continue investing in product development. Counsyl is led by co-founders Ramji Srinivasan (CEO) and Rishi Kacker (co‑founder and VP of engineering) and is based in South San Francisco, California. Counsyl provides low-cost carrier screening and sequencing products for prospective parents, testing for more than 400 mutations and 100+ genetic disorders with prices like $599 (or $99 with insurance) and a $999 sequencing option for ~10,000 mutations. The company handles carrier screening for roughly 2.5% of U.S. births and processes about a half‑terabyte of genomic data per day (projected to be ~5 TB/day if they did full genomes for the same customers). Counsyl has built a full-stack operation—owning lab infrastructure, custom wetware, robotics, image-processing software, billing systems, and an iPad ordering app—to cut inefficiencies across the testing workflow. That operational control enables scale and lower costs versus traditional providers and supports faster throughput and reduced error rates. Going forward the company is focused on interpretation and curation of genomic data, creating rule sets to interpret mutations at scale and expanding deeply into the carrier‑screening market while building a mainstream consumer brand.

Team

No current team members are available.