Funding profile · Cancer diagnostics
Clear Gene
A Y Combinator Summer 2018 diagnostics company with one federal grant, one granted US patent and no SEC filings at all. Almost every dollar figure attached to it comes from a data vendor rather than a document.
Data as of September 23, 2026. Vendor-reported and company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2018 | Accelerator, Y Combinator Summer 2018 | $150,000 | Y Combinator | PitchBook |
| Jun 7, 2019 | NCI SBIR Phase I grant, R43CA233107 | $293,237 | National Cancer Institute | NIH, USAspending |
| 2022 | Later stage venture | Undisclosed | Not named | PitchBook |
| Undated | Secondary transaction, private | Undisclosed | Not named | PitchBook |
| 2025 | Later stage venture | Undisclosed | Not named | PitchBook |
| Across all rounds | Investor roster | Not disclosed | Portfolia, Asymmetry Ventures, DV Collective, Founders, Inc. and Halo Labs are five of nine investors counted | PitchBook |
What the filings show
Clear Gene, Inc. · SEC EDGAR · searched Sep 23, 2026
- Form D
- None. EDGAR company search for Clear Gene returns no matching companies.
- Full text search
- Zero hits for the company across Form D. Two hits across all forms, both from an unrelated 2006 filing.
- Investment vehicles
- No SPV or fund filing naming the company was found.
- Reading
- A company may raise under Section 4(a)(2) and file nothing, so silence here is not evidence that no money moved.
Clear Gene, Inc. · NCI SBIR Phase I · awarded Jun 7, 2019
- Project
- 1R43CA233107-01A1, Molecular Analysis of Residual Breast Cancer
- Amount
- $293,237 in NIH RePORTER, $293,236.71 in USAspending
- Period
- June 7, 2019 to January 31, 2021
- Principal investigator
- Brandon N Steelman, title FOUNDER/CEO
- Follow on
- No Phase II award. No other federal grant or contract.
- Registration
- UEI UTAMLNZJPRA6, DUNS 078713198, San Carlos, CA 94070
Reading the filings
- The only number anyone can audit is the grant.$293,237 from the National Cancer Institute is the single funding figure on this company backed by a government record. Every equity number below comes from a private data vendor, and none of it can be checked against a document.
- PitchBook does not agree with itself.It lists five deals, including later stage venture rounds recorded in 2022 and 2025 and a private secondary, yet still reports raised to date as $150K. Undisclosed rounds do not roll into that total, so the figure is a floor, not a sum.
- Two vendors, two pictures.Tracxn records a single round, a grant dated June 7, 2019, the same day the NIH award started, and says the company has raised an undisclosed amount from three institutional investors. PitchBook counts nine investors. Neither can be reconciled against a filing.
- The patent is the real capital event.Clear Gene prosecuted an application filed in June 2018 to a US grant in April 2025, while keeping Australian, European and Canadian members alive. Seven years of prosecution across four jurisdictions is a sustained cash outflow, and it is the clearest sign that somebody kept funding the company after the grant period closed in January 2021.
- The capital is concentrated in the balance of the grant.$293,237 against a $150K reported equity base means roughly two thirds of the verifiable money was non-dilutive, and it ran out more than five years ago.
- Nine investors, four employees.PitchBook counts nine investors on the cap table and four employees. The ratio describes a company that has been kept alive on small cheques rather than scaled on a round.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Regulatory | No FDA 510(k), PMA, device registration, listing or emergency use authorization. | Public record |
| Intellectual property | US 12,275,994 B2 granted April 15, 2025. AU 2018428853 B2 active. EP and CA members pending. | Public record |
| Revenue | PitchBook marks every deal stage as generating revenue. No revenue figure is disclosed anywhere. | Vendor-stated |
| Products | MICA COVID kits and software sold with a European authorized representative in selected countries. The product site has not been republished since May 23, 2025. | Company-stated |
| Headcount | Four per Tracxn in August 2026 and per the YC directory. Three on the Founders, Inc. portfolio page. No open roles posted. | Vendor and investor |
| Corporate standing | California document 3692774, Delaware incorporation, active and in good standing at the July 15, 2025 registry extract. | Public record |
What to watch
- A first Form D. Any priced round large enough to involve institutional counsel would normally produce one within 15 days of the first sale.
- Maintenance fees on US 12,275,994. The first one falls due three and a half years after grant, in late 2028, and paying it is a cheap signal that somebody still wants the asset.
- A new NIH application. A Phase II filed against a seven year old Phase I would be unusual, but a fresh Phase I would not be.
- Whether the MICA line is formally retired or quietly kept on the shelf.
The Clear Gene story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- Public recordNIH RePORTER project 1R43CA233107-01A1
- Public recordUSAspending.gov award R43CA233107
- Public recordSEC EDGAR company search and full text search for Clear Gene
- Public recordUS patent 12,275,994 B2 and its family
- Public recordCalifornia Secretary of State registry, document 3692774
- IndependentClear Gene company profile, deal history, investors and patents
- IndependentClear Gene company profile and funding history
- IndependentClear Gene portfolio page
- CompanyClear Gene website and jobs page
- CompanyMICA product pages
- CompanyClear Gene directory entry, Summer 2018 batch
Compiled from SEC, NIH, USAspending, USPTO, FDA and California public records and published reports as of September 23, 2026. Form D notices report offerings under Regulation D; no such notice exists for this company, and companies that raise under Section 4(a)(2) file none. Healthcare Venture Capital Fund holds no position in Clear Gene. This page is not an offer to sell or a recommendation to buy any security.
