Analysis

January 7, 2022

Out for blood: The startups hoping to succeed where Theranos failed

Founder Elizabeth Holmes’ conviction for fraud has reverberated throughout the startup world. We spoke to five blood techs to find out how they’ve been impacted.


Theranos founder Elizabeth Holmes. ©Stuart Isett

Founded by the Stanford dropout Elizabeth Holmes at the age of 19 and wowing investors with its seemingly revolutionary blood testing technology, Theranos was valued at $9bn at its peak. 

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tom kopper, cofounder of bloom diagnostics
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Jekaterina Kaliniene, CEO and cofounder at Revolab Health
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Teemu Suna, CEO and founder at Nightingale Health
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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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