Boston, MA, October 17, 2016 - Veritas Genetics, a global leader in accessible genetic testing, announced $30 million in Series B funding from existing backer Lilly Asia Ventures and new investors Trustbridge Partners and Jiangsu Simcere Pharmaceutical. The round, led by Trustbridge Partners, a global growth equity investor with offices in Boston and Shanghai, and Jiangsu Simcere Pharmaceutical, one of the largest pharmaceutical companies in China, will be allocated towards expanding the company’s product portfolio and operations, enhancing the consumer digital experience and forging key partnerships with hospitals and researchers globally.
- Chief Operating Officer, Tim Smith, is a 20-year-veteran in operations and information technology, with senior roles at Sapient, Fidelity, Hewlett Packard and most recently, Cimpress. Tim brings decades of experience in scaling organizations and technology and is building the infrastructure to scale the Veritas Genetics platform for global genomic services.
- Chief Marketing and Design Officer, Rodrigo Martinez, previously Life Sciences Chief Strategist at IDEO and Principal at The Boston Consulting Group, is leading the strategic marketing and design of a Veritas Genetics consumer engagement platform, a first-of-its-kind endeavor in the genomics space.
- Chief Commercial Officer, Doug Flood, a seasoned commercial and corporate development executive, is driving rapid growth through partnerships with leading researchers, clinicians and international commercial partners embracing the value of accessible genetic testing.
Veritas Genetics is a global pioneer in disease prevention through accessible genetic information. By removing barriers to genetic screening and whole genome sequencing, Veritas Genetics empowers individuals and doctors to make informed lifestyle decisions that enable disease prevention and longer, healthier lives. Veritas is founded by leaders in genomics from Harvard Medical School and operates globally from its offices in the U.S., Europe and China.