Freenome Stock for Accredited Investors

Biotech / Life Sciences
Founded 2014 HQ South San Francisco, US

Freenome is a private biotech company developing blood tests for early cancer detection using a multiomics platform. It focuses on single-cancer and multi-cancer screening tests aimed at detecting cancer in its earliest, most treatable stages.

Access to pre-IPO shares is available to accredited investors through UpMarket.

Latest Price
$1.1B
PIPE, 2025, Perplexity
UpMarket Estimate
$1.2B
Based on UpMarket valuation model
Previous Price
Series C Feb 2024

How to Invest in Freenome Through UpMarket

Freenome shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.

Step 01

Verify accredited investor status

Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.

Step 02

Create an UpMarket account

Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.

Step 03

Review available Freenome offerings

Full offering memoranda and risk disclosures provided before any commitment is required.

Step 04

Complete subscription documents

Review and sign subscription agreement. All documents handled digitally through the platform.

Step 05

Fund your investment

Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

$1.3B+
UpMarket has brokered over $1.3 billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through March 31, 2026. Of the total, approximately $301 million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.

Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation
2025 PIPE $10.00 $1.1B
Feb 2024 Series C
Dec 2021 Series D

Freenome Revenue and Growth

Annual revenue

Why Investors Are Watching Freenome

Growth Signal

Freenome added $254M in 2024 to fund early cancer tests

Freenome said it raised $254 million in new funding on Feb. 15, 2024, from new and existing investors to accelerate its platform for early cancer detection. Roche led the round, alongside a16z Life Sciences Growth Fund, Quest Diagnostics, RA Capital and others.

Competitive Moat

Roche’s $290M follow-on lifted Freenome funding above $1.1B

In January 2022, Roche invested $290 million in Freenome, bringing total funding to more than $1.1 billion since the company was founded in 2014. Roche had already been an investor since Freenome’s 2019 Series B, signaling repeat strategic support.

Market Opportunity

Freenome is building blood tests for multiple cancer types

Freenome describes its platform as a multiomics blood-testing system for early cancer detection through a routine blood draw. A 2022 Roche announcement said the investment would support expansion of Freenome’s products to additional cancers beyond colorectal screening.

Interested in Freenome stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.

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Freenome Leadership Team

Mike Nolan
CEO
Gabriel Otte
Founder
Riley Ennis
Co-founder

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Freenome Stock FAQ

No. As of March 2026, Freenome is a private company and does not trade on any public stock exchange. Accredited investors can access Freenome shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.

Freenome does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.

Yes. Accredited investors can indicate interest in Freenome shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.

Pre-IPO investments carry significant risks. Freenome shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.

The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.

UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.

Freenome develops blood-based early cancer detection tests on a multiomics platform and reported $108.5M in 2024 revenue, after adding $254M in 2024 to fund its single-cancer and multi-cancer screening pipeline — accredited investors can access Freenome stock through UpMarket.

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