The grow­ing liq­uid biop­sy field sees a uni­corn en­trant as Caris pulls in $830M megaround

Caris Life Sci­ences has pulled in an­oth­er mas­sive raise, and this time they’re re­port­ed­ly one step clos­er to launch­ing their IPO.

The AI-fo­cused Caris pulled in an $830 mil­lion growth eq­ui­ty round, the com­pa­ny an­nounced Tues­day af­ter­noon, earn­ing a val­u­a­tion of about $7.83 bil­lion. Tues­day’s raise al­so brings their to­tal fi­nanc­ing amount to $1.3 bil­lion since 2018 and $1.14 bil­lion since last Oc­to­ber. Ac­cord­ing to the Wall Street Jour­nal, which first re­port­ed on the raise, Caris ex­pects to com­plete their IPO some­time with­in the next 12 months.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER