Startup profile for Helix: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Helix funding, valuation and investors

Population genomics and clinical-research platform spun out of Illumina — consumer DNA marketplace.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series E

undisclosed · 2021

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · San Mateo, California

Investors in latest funding

Lead: Kleiner Perkins

Sources: latest funding Last verified: 2026-07-25

Overview

Helix is a population-genomics company spun out of Illumina that sequences consumer DNA and powers a marketplace of third-party health and ancestry apps built on its platform.

Why Helix is interesting

Raised $435M+ to pair sequencing with app ecosystem; a16z on cap table per investment list.

Product & use cases

Helix sequences consumer DNA and operates a marketplace where third-party apps deliver health, wellness, and ancestry insights on its genomics platform.

  • Consumer DNA sequencing as platform infrastructure
  • Third-party health and ancestry app marketplace
  • Clinical-grade sequencing for partner applications

Key facts

  • Series E (2021): Kleiner Perkins among lead investors; DFJ Growth, Warburg Pincus, and Temasek also in syndicate — Tracxn / Caplight
  • Spun out of Illumina; raised $435M+ to pair sequencing infrastructure with a consumer DNA app ecosystem

Funding history (newest first)

Investors in our directory

Funds linked from Helix's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: Platform play vs. single-test DTC brands — spun out of Illumina with $435M+ raised.

Consumer genomics consolidated around a few brands. Helix's platform model depends on partner app ecosystem — 23andMe's troubles highlight sector risk.

  • 23andMe direct

    DTC genetics; Helix platform model vs. direct consumer brand.

  • AncestryDNA direct

    Consumer ancestry; Helix powers partner apps.

  • Color Health adjacent

    Population health genomics; different go-to-market.

Notable stories

  • Spun out of Illumina in 2015 — clinical-grade sequencing infrastructure play.
  • Raised $435M+ total across rounds; Kleiner Perkins led Series E (2021).

Industries

Healthtech Biotech & Life Sciences

FAQs about Helix

Practical answers founders, operators, and investors typically search for.

Sequences consumer DNA and powers a marketplace of third-party health, wellness, and ancestry apps.
a16z (/fund/andreessen-horowitz) and Kleiner Perkins (/fund/kleiner-perkins) among backers. Kleiner led Series E (2021).
23andMe is DTC brand; Helix is platform infrastructure for partner apps.
Spun out of Illumina in 2015.
Series E (2021); $435M+ total raised.
Sequencing fees and platform revenue from partner apps on its genomics infrastructure.
Platform play in consumer genomics — infrastructure rather than single-test brand.
No — remains private.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.