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Investments

2

Portfolio Exits

1

About Stratos Group

The Straus Group is a principal investment firm specializing in growth capital financing. The firm seeks to invest in the healthcare services

Stratos Group Headquarter Location

New Jersey,

United States

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Latest Stratos Group News

Healthcare giant Roche acquires Seattle DNA sequencing startup Stratos Genomics

May 23, 2020

Healthcare giant Roche acquires Seattle DNA sequencing startup Stratos Genomics May 23, 2020 at 10:44 am News Brief Publicly-traded pharmaceutical giant Roche acquired Stratos Genomics , a Seattle DNA sequencing startup. Founded in 2007, Stratos’ technology is called Sequencing By Expansion (SBX), which converts DNA into more easily-read polymer, making it cheaper and faster to sequence DNA, according to the company. “We look forward to further advancing our sequencing technology as we move to the next generation of healthcare and welcome the world-class scientists and employees from Stratos Genomics to Roche,” Thomas Schinecker, CEO Roche Diagnostics, said in a statement . Terms of the deal were not disclosed. Stratos will continue operating out of Seattle under the name Roche Diagnostics Seattle. The company originally spun out of Stratos Group. It has 60 employees, according to LinkedIn . Its chairman is Lee Huntsman , a professor emeritus at the University of Washington. “We are thrilled to join the Roche family, which will allow us to combine our unique Sequencing by Expansion chemistry with the Roche nanopore sequencer,” said Mark Kokoris , President, CEO, and co-founder at Stratos Genomics, in a statement. “With our combined expertise and complementary technologies, we are well-positioned to open the path to deliver scalable, high-performance sequencing to clinicians and researchers.”

Stratos Group Investments

2 Investments

Stratos Group has made 2 investments. Their latest investment was in Stratos Genomics as part of their Series A - II on May 5, 2011.

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Stratos Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/26/2011

Series A - II

Stratos Genomics

$0.2M

No

9/20/2010

Series A

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$99M

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10

Date

5/26/2011

9/20/2010

Round

Series A - II

Series A

Company

Stratos Genomics

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Amount

$0.2M

$99M

New?

No

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Co-Investors

Sources

10

Stratos Group Portfolio Exits

1 Portfolio Exit

Stratos Group has 1 portfolio exit. Their latest portfolio exit was Stratos Genomics on May 22, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/22/2020

Acquired

4

Date

5/22/2020

Exit

Acquired

Companies

Valuation

Acquirer

Sources

4

Stratos Group Acquisitions

1 Acquisition

Stratos Group acquired 1 company. Their latest acquisition was MMM Healthcare on December 23, 2004.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/23/2004

$991

Acquired

Date

12/23/2004

Investment Stage

Companies

Valuation

$991

Total Funding

Note

Acquired

Sources

Stratos Group Team

1 Team Member

Stratos Group has 1 team member, including undefined undefined, undefined.

Name

Work History

Title

Status

Allan H Stephan

Founder

Former

Name

Allan H Stephan

Work History

Title

Founder

Status

Former

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