Element Biosciences

Compensation

Public job postings provide salary ranges and commonly mention stock options, discretionary annual bonuses, no-cost health insurance, 401(k) matching, and flexible PTO. Example postings include $119,000-$156,000 base compensation for a San Diego enterprise-data role and approximately $97,000-$118,000 for a San Diego hybrid field-operations role. Sponsorship requirements vary by position and are not confirmed company-wide.

Benefits

Pricing

Instrument sales plus recurring reagent and consumables revenue, with volume discounts, leasing/financing options, and a throughput-based model. Publicly reported examples include approximately $289,000 for an AVITI instrument, $249,000 each in a three-or-more instrument bundle, an AVITI 150-cycle kit priced at $1,080 in 2022, and throughput pricing targeting as low as $200 per genome or $2 per gigabase subject to volume and contract terms. A 2023 throughput program was reported at $138,000 per quarter for up to 230 kits.

Differentiators

• —Lower total cost of ownership and reagent pricing than incumbent short-read platforms
• —Proprietary ABC/Avidity chemistry designed for high accuracy and reduced reagent consumption
• —Flexible, independently operated flow cells and tunable throughput
• —Benchtop form factor with a stated path from lower-throughput AVITI LT to AVITI and AVITI24
• —No lifetime reagent price increases commitment reported for AVITI systems
• —AVITI24 combines sequencing, RNA, protein, phosphoprotein, and cell-morphology measurements on a single integrated platform
• —Direct-in-sample, library-prep-free sequencing capabilities under development
• —Open ecosystem supported by partnerships with Twist Bioscience, Revvity, Alamar Biosciences, and the Human Cell Atlas

Technology

Customers

Competitors