Sera Prognostics, Inc. announced that it will receive $44,999,946 in its round of funding led by new investor, Laboratory Corporation of America Holdings (NYSE:LH) on January 9, 2017. The company will issue common stock in the transaction. The transaction will also include participation from existing investors.

The company intends to continue the transaction for more than one year. The company will issue securities pursuant to exemption provided under Regulation D.