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August 22, 2015

the biggest women powered :start ups : Theranos

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" elizabeth holmes  founded theranos when she was 19"


" the  women behind the distruption in biotech industry"

ELIZABETH HOLMES:  The women behind the biggest disruption in the Biotech industry whose personal estimate of wealth stands at $4.5billion and she is just  31, and resides Paulo Alto California

TURNING POINT: Holmes uncle died early due to blood cancer which led to her dropping out of her sophomore year at Stanford University to launch a blood testing firm " THERANOS" a medical diagnostics company

 THE BIG IDEA :the 19-year-old chemical engineering major started a company to develop her idea for a hand-held medical device, which  read  the amount of blood and produce a real-time assessment of how a drug is interacting with the body in  just one minute .THERANOS blood testing kit s cheaper and faster besides being more accurate and less painful than other methods and tests, is now available at 41 Theranos labs in Walgreens . Theranos recently received a $400 million from venuture investors

DISRUPTIVE QUOTIENT  :Theranos seeks to integrate technology, medical systems and healthcare technology to make medecine and healthcare delivery systems more personalized

VC FUNDING TIMELINE  : VC  Funding at Theranos has been quite active

  •  $45M / Venture Jul 8, 2010 
  •  $32.4M / Series C Nov 17, 2006 Investors: ATA Ventures Continental Ventures Draper Fisher Jurvetson (DFJ) Tako Ventures The Lawrence J. Ellison Revocable Trust 
  • $9.1M / Series B Feb 21, 2006 Investors: ATA Ventures Draper Fisher Jurvetson (DFJ)
  •  $5.8M / Series A Feb 11, 2005 Investors: Draper Fisher Jurvetson (DFJ) - 
source ; crunchbase/Fortune