When was DrugBank founded?

DrugBank was founded in 2006 and raised its 1st funding round 14 years after it was founded.

Where is DrugBank located?

DrugBank is headquartered in Edmonton, Canada. It is registered at A 102 Gala Quest, Paranjpe Scheme B Road No. 1, Vileeparle (East), Mumbai, Mumbai, Maharashtra, India, 400057.

How many employees does DrugBank have?

As of May 31, 2026, the latest employee count at DrugBank is 61.

Is DrugBank a funded company?

DrugBank is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 05, 2020.

When was the latest funding round of DrugBank?

DrugBank's latest funding was a $***** Seed round on Apr 11, 2022, with participation from 6 investors. Its primary sector is Life Sciences Tech. In Canada, the Life Sciences Tech sector has seen $95.4M in funding in 2026 to date.

Where does DrugBank rank among its competitors?

DrugBank ranks 7th amongst 49 active competitors, of which 13 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Flywheel, which secured $27.5M in Dec, 2025.

Who are the top competitors of DrugBank?

DrugBank's top competitors include Truveta, Seg Med and nference. Among them, Flywheel secured the most recent funding round in December, 2025.

DrugBank - 2026 Company Profile, Team, Funding & Competitors

DrugBank is a seed company based in Edmonton (Canada), founded in 2006 by Michael Wilson. It operates as a Drug database for life sciences and healthcare and clinical APIs. DrugBank has raised $9M in funding from Brightspark Ventures and BoxOne Ventures. The company has 49 active competitors, including 13 that are funded. Its top competitors include companies like Truveta, Seg Med and nference.

Company Details

The company offers drug databases for clinical and academic research. It also offers a clinical API software that provides decision support and analytics based on the database.

Website: drugbank.com
Social
Email ID: *****@drugbank.com
Part Of
Registered Address: A 102 Gala Quest, Paranjpe Scheme B Road No. 1, Vileeparle (East), Mumbai, Mumbai, Maharashtra, India, 400057

Key Metrics

Founded Year

2006

Location

Edmonton, Canada

Stage

Seed

Total Funding

$9M in 2 rounds

Latest Funding Round

Seed, Apr 11, 2022, $*****

Investors

Brightspark Ventures & 12 more

Ranked

7^th among 49 active competitors

Employee Count

61 as on May 31, 2026

Similar Companies

Truveta & 56 more

View DrugBank's full profile

DrugBank is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OMx Personal Health Analytics Inc. CIN: 826702-2 , Canada, Active	Aug 03, 2012	-	-	-
FINDABILITY SCIENCES PRIVATE LIMITED CIN: U74999MH2009PTC194842 , India, Active	Aug 11, 2009	₹10 - ₹50 Cr (As on Mar 31, 2025)	93 (As on Jul 01, 2025)

DrugBank has raised a total funding of $9M over 2 rounds. Its first funding round was on Oct 05, 2020. Its latest funding round was a Seed round on Apr 11, 2022 for $*****. 6 investors participated in its latest round. DrugBank has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of DrugBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 11, 2022	6707344	Seed	5101096	1653966	9400206	7826746
Oct 05, 2020	5105450	Seed	7065835	8762866	BoxOne Ventures	Threshold Impact & 5 more

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View details of DrugBank's funding rounds and investors

The founders of DrugBank is Michael Wilson.

Here are the details of DrugBank's key team members:

Michael Wilson: Co-Founder & CPO of DrugBank.

DrugBank's Board of Directors

DrugBank's board has 4 active members. Craig Knox, Theo Risopoulos, Eleonore Jarry-Ferron and Susan Roberts are independent board members.

Here is the list of DrugBank's board of directors:

Name	Type	Representing	Status	Duration
Craig Knox	Independent board member	-	Current	12y 8m
mtlsb{y	Independent board member	-	Current	6y 8m
fzujqdp	Independent board member	-	Current	4y 6m
bzvludu	Independent board member	-	Current	7y 7m

View details of DrugBank's Founder profiles and Board Members

DrugBank's employee count trend

DrugBank has 61 employees as of May 26. Here is DrugBank's employee count trend over the years:

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Top competitors of DrugBank include Truveta, Seg Med and nference. Here is the list of Top 10 competitors of DrugBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Truveta 2020, Seattle (United States), Series C	Provider of healthcare data platform for learning services	$515M	Trinity Health, Illumina & 7 others	65/100
2nd	Seg Med 2019, Stanford (United States), Series A	Provider of AI based clinical data management software and services for researchers	$17.7M	iGan Partners, Blumberg Capital & 17 others	61/100
3rd	nference 2013, Cambridge (United States), Series C	Provider of an AI platform for clinical data analysis and insights	$134M	Mayo Clinic Ventures, Mayo Clinic & 3 others	58/100
4th	Verana Health 2011, San Francisco (United States), Series E	Online platform for clinical trail data analytics and management software for researchers	$288M	Google Ventures, GE Ventures & 15 others	58/100
5th	Flywheel 2015, Minneapolis (United States), Series D	Cloud based data research platform	$154M	8VC, Novalis LifeSciences & 23 others	55/100
6th	Semalytix 2015, Bielefeld (Germany), Series B	Provider of an AI based data analytics solution for reserachers	$14.2M	b2venture, NRW.Bank & 13 others	54/100
7th	DrugBank 2006, Edmonton (Canada), Seed	Drug database for life sciences and healthcare and clinical APIs	$9M	Amplitude, Brightspark Ventures & 11 others	53/100
8th	Convergence CT 2001, Honolulu (United States), Series B	Suite of solutions for health informatics	$29.4M	-	38/100
9th	LunaDNA 2017, Solana Beach (United States), Deadpooled	Developer of community-owned health and DNA data platform	$15M	Arch Venture Partners, F-Prime Capital & 10 others	37/100
10th	Pangaeadata Ai 2017, United Kingdom, Seed	Provider of AI-based medical and healthcare data analysis for providers and researchers	-	Salica Investments, IQ Capital & 8 others	36/100