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§ Private Profile · Durham, NC, USA
AI-driven precision oncology biomarkers for cancer genomics, blood testing, and identifying drug responder populations.
GeneCentric Therapeutics is a Durham, North Carolina biotechnology company that develops artificial intelligence-driven precision oncology biomarkers to advance cancer genomics and blood testing for targeted therapeutic applications. The organization utilizes its proprietary GenomicsNext and Cancer Subtype Platform technologies to identify drug responder populations and high-resolution cancer subtypes for better patient outcomes. It commercializes these diagnostic tools through strategic collaborations with pharmaceutical and biotech firms, operating under a business model focused on precision medicine partnerships. The enterprise has raised seven and a half million dollars in funding, securing capital and strategic backing from notable corporate investors including Bristol-Myers Squibb, Laboratory Corporation of America, and Hatteras Venture Partners. Founded in 2011 by Myla Lai-Goldman and Charles Perou, the firm is currently led by Chief Executive Officer Michael Milburn, Chief Scientific Officer Kirk Beebe, and Chief Business Officer Walter Capone.
GeneCentric Therapeutics has raised $15.8M across 3 funding rounds.
GeneCentric Therapeutics has raised $15.8M in total across 3 funding rounds.
GeneCentric Therapeutics has raised $15.8M in total across 3 funding rounds.
GeneCentric Therapeutics's investors include Hatteras Venture Partners, Mayfield, Morpheus Ventures, SOSV, Alexandria Venture Investments, IAG Capital Partners, Labcorp.
GeneCentric Therapeutics is a precision oncology company developing gene expression-based biomarkers and diagnostics to improve cancer treatment through advanced genomic profiling.[1][2][3][4] It builds products like the GenomicsNext™ platform and ExpressCT™ technology, which integrate AI, RNA-seq, and ctDNA fragmentomics to infer gene expression from blood tests, enabling better companion diagnostics and patient stratification for precision cancer drugs.[1][3][4] The company serves biopharma partners, research organizations, commercial labs, and ultimately cancer patients by solving unmet needs in biomarker discovery, particularly for liquid biopsies that provide dynamic insights into tumor biology without invasive tissue sampling.[1][2][4] With $43.3M in total funding across 7 rounds (most recent $7.5M), GeneCentric shows steady growth momentum from its Durham, NC base, including recent publications like the GARNER study on bladder cancer subtypes.[3]
Founded in 2011 in Durham, North Carolina, GeneCentric emerged from pioneering gene expression research by its founders, building on over a decade of work in cancer genomics.[3][4] The company is led by Michael V. Milburn, PhD, as CEO and President, with roots in the Research Triangle Park ecosystem alongside partners like Hatteras Venture Partners, LabCorp, and Bristol-Myers Squibb.[1][2] Early traction came from developing the rT(I)ME Explorer Platform for identifying molecular subtypes and drug responders, evolving into breakthroughs like ExpressCT™—which infers gene expression from ctDNA sequencing—pivotal for advancing blood-based precision oncology.[3][4]
GeneCentric rides the liquid biopsy and precision oncology wave, where demand for non-invasive, blood-based cancer diagnostics surges amid rising ctDNA adoption and AI integration in genomics.[1][4] Timing aligns with post-2020 advances in fragmentomics and multimodal sequencing, fueled by market forces like expanding biopharma pipelines for targeted therapies and regulatory pushes for companion diagnostics.[3] Headquartered in Research Triangle Park—a hub short on local VC but rich in talent—GeneCentric influences the Southeast U.S. ecosystem by bridging academic innovation with commercialization, much like Hatteras Venture Partners' model.[1][2] It shapes broader trends by enhancing biomarker accuracy, reducing trial failures, and enabling personalized medicine for hard-to-treat cancers.
GeneCentric is poised to scale GenomicsNext™ through deeper biopharma collaborations and ctDNA expansions, potentially capturing liquid biopsy market share as blood tests become standard-of-care.[1][4] Trends like AI-accelerated genomics and fibrosis/immuno-oncology pipelines will propel growth, with influences evolving toward leading next-gen companion diagnostics amid Bristol-Myers Squibb-style partnerships.[1][3] Watch for clinical validations building on GARNER, positioning it as a key player in transforming cancer diagnostics from its precision oncology foundation.[3]
GeneCentric Therapeutics has raised $15.8M across 3 funding rounds. Most recently, it raised $8.0M Series C in June 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2025 | $8M Series C | Hatteras Venture Partners | Mayfield, Morpheus Ventures, SOSV, Alexandria Venture Investments, IAG Capital Partners, Labcorp | Announced |
| Nov 8, 2021 | $7.5M Series B | — | Alexandria Venture Investments, Hatteras Venture Partners, IAG Capital Partners, Labcorp | Announced |
| Sep 20, 2011 | $250K Venture Round | — | — | Announced |