MagArray Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Out of Business

  • Employees
  • 11

Employees

  • Latest Deal Type
  • Out of Business

MagArray General Information

Description

Provider of diagnostic testing services designed to detect cancer or other diseases. The company has developed a simple, ultra-sensitive, multiplex immunoassay system incorporating a novel magneto-nanoparticle technology derived from the computer disk drive industry and provides numerous advantages over conventional immunoassay systems, enabling healthcare providers to provide better patient outcomes through better diagnostics.

Contact Information

Website
www.magarray.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 521 Cottonwood Drive
  • Suite 121
  • Milpitas, CA 95035
  • United States
+1 (408)
Primary Industry
Diagnostic Equipment
Other Industries
Biotechnology
Other Devices and Supplies
Vertical(s)
Nanotechnology, Life Sciences, Oncology
Corporate Office
  • 521 Cottonwood Drive
  • Suite 121
  • Milpitas, CA 95035
  • United States
+1 (408)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

MagArray Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Out of Business 31-Oct-2023 Completed Out of Business
8. Later Stage VC (Series D) 21-Sep-2017 Completed Generating Revenue
7. Secondary Transaction - Private 01-Jul-2017 Completed Generating Revenue
6. Later Stage VC Completed Generating Revenue
5. Later Stage VC (Series B2) 02-Apr-2013 Completed Generating Revenue
4. Grant 01-Jan-2013 Completed Generating Revenue
3. Grant 01-Jan-2009 Completed Startup
2. Early Stage VC (Series A1) 05-Apr-2007 $3.75M $3.75M Completed Startup
1. Grant 01-Jan-2007 $443K Completed Startup
To view MagArray’s complete valuation and funding history, request access »

MagArray Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D1
Series D
Series C1
Series B2 426,472 $0.001000 8% $3.02 $3.02 1x $3.02 2.26%
Series A1 670,000 $0.001000 8% $0.75 $0.75 1x $0.75 3.55%
To view MagArray’s complete cap table history, request access »

MagArray Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of diagnostic testing services designed to detect cancer or other diseases. The company has developed a simple,
Diagnostic Equipment
Milpitas, CA
11 As of 2025

Clearwater, FL
 

Saint Paul, MN
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

MagArray Competitors (5)

One of MagArray’s 5 competitors is Mercury Medical, a Private Equity-Backed company based in Clearwater, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mercury Medical Private Equity-Backed Clearwater, FL
MGC Diagnostics Corporation Saint Paul, MN
Time Medical Venture Capital-Backed Shanghai, China
Ganshorn Medizin Electronic Corporate Backed or Acquired Bad Neustadt, Germany
Karl Storz Corporation Tuttlingen, Germany
You’re viewing 5 of 5 competitors. Get the full list »

MagArray Patents

  • 84

    Total Documents Applications and Grants

  • Total Patents Families

  • 36

    Granted

  • 8

    Pending

  • Expiring in next 12 mo

MagArray Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2023107137-A1 Immunological measurement method, and immunological measurement apparatus Inactive 09-Dec-2021
JP-2025020470-A Immune analysis method, and immune analysis device Pending 04-Nov-2021
WO-2023079962-A1 Immunoassay method, and immunoassay device Inactive 04-Nov-2021
JP-2025027150-A Immunological measurement method and immunological measurement device Pending 01-Nov-2021
WO-2023074323-A1 Immunological measurement method and immunological measurement device Inactive 01-Nov-2021
To view MagArray’s complete patent history, request access »

MagArray Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Ready to get started?

Request a free trial

MagArray FAQs

  • When was MagArray founded?

    MagArray was founded in 2005.

  • Where is MagArray headquartered?

    MagArray is headquartered in Milpitas, CA.

  • What is the size of MagArray?

    MagArray has 11 total employees.

  • What industry is MagArray in?

    MagArray’s primary industry is Diagnostic Equipment.

  • Is MagArray a private or public company?

    MagArray is a Private company.

  • What is MagArray’s current revenue?

    The current revenue for MagArray is .

  • How much funding has MagArray raised over time?

    MagArray has raised $70.3M.

  • Who are MagArray’s competitors?

    Mercury Medical, MGC Diagnostics, Time Medical, Ganshorn Medizin Electronic, and Karl Storz are competitors of MagArray.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process