Acorn - About the company
Acorn is a series A company based in Toronto (Canada), founded in 2017 by Drew Taylor and Patrick Pumputis. It operates as a Provider of stem cell biobanking services. Acorn has raised $3.33M in funding from Accelerator Centre and TELUS Ventures. The company has 69 active competitors, including 8 funded and 10 that have exited. Its top competitors include companies like StemCyte, Cryo-Cell and Transcell.
Company Details
Provider of stem cell biobanking services. The services include young cell preservation, non-invasive approaches, etc. This has applications in gene therapy, stem cell therapeutics, tissue engineering, organ regeneration, etc.
- Website
- acorn.me
- Email ID
- *****@acorn.me, *****@acorn.me
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Toronto, Canada
Stage
Series A
Total Funding
$3.33M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 69 active competitors
Employee Count
49 as on Sep 30, 2026
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Acorn's funding and investors
Acorn has raised a total funding of $3.33M over 4 rounds. Its first funding round was on 2017. Acorn has 7 institutional investors.
Here is the list of recent funding rounds of Acorn:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2024 | 6603356 | Series A | 7386438 | 9245200 | 8401363 | 3995589 |
Apr 02, 2019 | 3364059 | Seed | 6917072 | 9529082 | 8145705 | 1217247 |
Jan 16, 2019 | 3164914 | Seed | 6946615 | 3264658 | 5115258 |
View details of Acorn's funding rounds and investors
Acorn's founders and board of directors
Founder? Claim ProfileHere are the details of Acorn's key team members:
- Drew Taylor: Co-Founder & CEO of Acorn. Contact Info: 1 email address
- Patrick Pumputis: Co-Founder & CSO of Acorn.
View details of Acorn's Founder profiles and Board Members
Acorn's employee count trend
Acorn has 49 employees as of Sep 26. Here is Acorn's employee count trend over the years:
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Acorn's Competitors and alternates
Top competitors of Acorn include StemCyte, Cryo-Cell and Transcell. Here is the list of Top 10 competitors of Acorn, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of stem cell biobanking services | $3.33M | 55/100 | ||
2nd | StemCyte 1997, Covina (United States), Public | Cord blood banking and regenerative therapeutics company focused on saving lives | $23.3M | 53/100 | |
3rd | Cryo-Cell 1989, Oldsmar (United States), Public | Provider of a cord blood bank to store stem cells | $2.9M | - | 47/100 |
4th | Developer of stem cell therapies to treat cancer & rare diseases | $2.21M | 44/100 | ||
5th | Provider of stem cell biobanking services | - | 42/100 | ||
6th | China Cord Blood 2003, Hong Kong (China), Acquired | Provider of biobanking services for umbilical cord blood stem cells | - | 41/100 | |
7th | Forever Labs 2015, Detroit (United States), Seed | Provider of stem cell storage and preservation services | $2.22M | 39/100 | |
8th | Medeze Group 2016, Nakhon Pathom (Thailand), Public | Provider of stem cell technology and stem cell banking services | - | - | 38/100 |
9th | LaCell 2010, New Orleans (United States), Funding Raised | Human-derived biomaterials and organ-on-a-chip models for preclinical drug development | - | 38/100 | |
10th | Generate 1977, Los Angeles (United States), Acquired | Provider of services for the storage of stem cells | - | 37/100 |
Looking for more details on Acorn's competitors? Click here to see the top ones
Acorn's Investments and acquisitions
Acorn has not made any acquisitions yet. Acorn has made 4 investments.Here is the list of latest three $investments:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 18, 2025 | Investments | 2022 | Gurugram (India) | |
Dec 12, 2024 | Investments | 2018 | Bengaluru (India) | |
Aug 18, 2023 | Investments | 2022 | Gurugram (India) |
See all investments by Acorn
Reports related to Acorn
Here is the latest report on Acorn's sector:
News related to Acorn
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•
Impulse Dynamics Raises $80.25M in Series D FinancingFinSMEs•Dec 03, 2019•Impulse Dynamics, Amzak Capital Management, Wellington, Kennedy Lewis Investment Management and 4 others
•
Acorn Biolabs announces first clinical partner to collect, store stem cellsBetaKit•Oct 24, 2019•Acorn, Executive Health Centre
•
Telus Ventures announces new equity investments in medicine start-upsTelecompaper•Apr 03, 2019•Acorn, GenXys, Vitalbsc, TELUS Ventures
•
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Cryopreservation company, Acorn Biolabs closes $3.3M seed funding and ramps towards consumer launchPR Newswire•Jan 16, 2019•Acorn
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