Theranos
Palo Alto
About Theranos
Theranos is a biotechnology company founded by Elizabeth Holmes in 2003. The company claimed to have revolutionized blood testing by developing a proprietary technology that could quickly and accurately conduct a wide range of tests using just a few drops of blood obtained through a fingerstick. However, in 2015, a series of investigative articles by journalist John Carreyrou in The Wall Street Journal raised serious doubts about the accuracy and reliability of Theranos' technology. The articles alleged that the company misled investors, patients, and doctors about the capabilities of its blood-testing technology. Subsequent investigations revealed that Theranos' technology was far from being reliable and accurate as claimed.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 501 – 1,000
- Estimated revenue: $10K – $50K
- Total funding: $1.4B
- Funding stage: Private Equity
- Last round: Debt Financing (Dec 2017)
- Website: theranos.com
- Phone: [email protected]
Industries & Categories
Biotechnology, Consumer, Health Care, Health Diagnostics
Social Profiles
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