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3Billion

Category: AI in Healthcare

South Korean AI-driven genetic diagnostics company using whole-genome/exome sequencing and AI variant interpretation to diagnose rare diseases, now expanding into newborn screening and drug discovery. 3Billion was founded in 2016. The company is led by Changwon Keum (금창원). Based in Seoul (Gangnam-gu), South Korea. Team size: 101-500. Total funding raised: $62M. Latest round: Post-IPO. Key investors include Wells Investment, JW (JW Medical), Korea Development Bank (KDB), Kiwoom Private Equity, Kiwoom Securities, GVA Asset Management.

Founded
2016
Headquarters
Seoul (Gangnam-gu), South Korea
Team size
101-500
Total funding
$62M

Value proposition

AI-powered genomic testing that diagnoses rare diseases faster and more accurately, with automated reanalysis and clinical review to raise diagnostic yield — expanding from rare-disease diagnosis into preventive newborn screening.

Products and solutions

3B-EXOME (boosted exome for rare disease diagnosis), 3B-GENOME (whole-genome sequencing incl. structural variants), 3B-VARIANT, 3B-INTERPRETER, GEBRA™ (AI variant prioritization), 3B-NEO (genomic newborn screening covering 704 clinically actionable genes/conditions), EVIDENCE 3Cnet reanalysis, drug discovery pipeline

Unique value

AI variant-prioritization platform (GEBRA) that boosts diagnostic yield via automated reanalysis, covering 7,000+ rare diseases in a single test, now extended to genomic newborn screening (3B-NEO, 704 actionable genes).

Target customer

Patients/families with suspected rare diseases, healthcare providers and diagnostic labs, hospitals (e.g. Seoul Asan Hospital), government health agencies (Korea Disease Control and Prevention Agency / KDCA), pharma partners

Industries served

Rare disease diagnostics, genomic newborn screening, preventive/precision medicine, drug discovery (rare disease drug pipeline)

Technology advantage

Proprietary AI variant interpretation and automated reanalysis (EVIDENCE 3Cnet) that raises diagnostic yield; CAP/CLIA-accredited lab; ISO/IEC 27001 certified; large-scale WGS data production experience from government projects (KDCA, National Bio Big Data).

How they differentiate

Combines AI-driven variant interpretation with unlimited automated reanalysis (updates as new disease-gene associations are discovered), a CAP/CLIA-accredited lab, and government-contract WGS experience — differentiating from standard exome labs by higher diagnostic yield and a newborn-screening expansion path.

Main competitors

Eone Diagnomics Genome Center, Macrogen (parent/spinoff partner), GeneDx (US), Illumina-connected rare disease diagnostics players

Key partnerships

AstraZeneca Korea (aHUS genetic diagnosis), Macrogen (diagnostic product development), Seoul Asan Hospital (K-gNBS newborn screening, 1,800 cases), Korea Disease Control and Prevention Agency / National Institute of Health (WGS newborn screening pilot), Global Genes & Roche (Xcelerate Rare challenge winner)

Notable customers

Seoul Asan Hospital (K-gNBS 1,800-case contract), Korea Disease Control and Prevention Agency (KDCA) government WGS projects, 790+ institutions across 70+ countries

Major milestones

2016 founded as Macrogen spinoff, 2018 Series A (₩30억), 2019 Series B (₩114억), 2021 Series C (₩140억, cumulative ~₩290억), 2022 Pre-IPO (₩131.5억), Nov 2024 KOSDAQ IPO (₩14.4B), 2025 participated in KDCA WGS newborn screening pilot, 2026 launched 3B-NEO genomic newborn screening (initially 595; panel now 704 genes), Apr 2026 raised ₩300억 post-IPO funding, Jun 2026 signed K-gNBS 1,800-case contract with Seoul Asan Hospital (KRW 900M), H1 2026 revenue up 56% to KRW 7.2B

Growth metrics

H1 2026 revenue KRW 7.2B (up 56% YoY); FY2025 revenue up 103% (3rd consecutive year of ~2x growth); trailing 12-month revenue ~$9.2M (as of Mar 2026); 70+ countries, 790+ institutions, 2,100+ healthcare providers

Market positioning

Publicly listed (KOSDAQ, ticker 394800.KQ) AI rare-disease diagnostics leader in Korea, expanding from diagnosis to preventive newborn screening and drug discovery; ~70+ countries, 790+ institutions, 2,100+ healthcare providers served.

Geographic focus

South Korea (home), expanding to US (Austin, Texas lab) and global markets post-IPO

Patents and IP

Proprietary AI variant-prioritization technology (GEBRA) and EVIDENCE 3Cnet reanalysis platform; CAP/CLIA-accredited and ISO/IEC 27001-certified operations

About Changwon Keum (금창원)

Ex-Macrogen Inc. (Team Leader); Geference Inc.; Bioinformatics and Molecular Design Research Center. Soongsil University bioinformatics (BS) and KAIST bioinformatics (MS). Founded 3billion in 2016 as a Macrogen spinoff.

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