Scientist.com Raises $24M To Expand Next Generation Pharmaceutical Outsourcing Marketplace

Funding Rounds

Summary

Scientist.com raised $24 million in equity financing to expand its pharmaceutical outsourcing marketplace. The platform connects biopharma buyers with research service providers and streamlines the source-to-settle process. The company already works with large pharmaceutical customers and the NIH, and it plans to use the capital to grow its team and platform capabilities. The article also highlights how the marketplace supports smaller biopharma companies that outsource much of their drug discovery and development work.

$ Funding

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Amount $24.0M Total raised
Date May 15, 2017 Announcement date
Investors 5AM Ventures, Leerink Swann & Company Lead investors
Company scientist.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
SaaS Procurement Software Workflow Automation

Linked Companies

Scientist.com
$10M to $25M