DrugBank - About the company
DrugBank is a seed company based in Edmonton (Canada), founded in 2006 by Craig Knox and 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 51 active competitors, including 12 that are funded. Its top competitors include companies like Truveta, nference and Seg Med.
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
- Email ID
- *****@drugbank.com
- 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
Investors
Ranked
4th among 51 active competitors
Employee Count
47 as on Jul 01, 2024
Legal entities associated with DrugBank
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 | $2.45M (As on Mar 31, 2025) | 93 (As on Jul 01, 2025) |
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DrugBank's funding and investors
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 12 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 | 9078659 | Seed | 6742181 | 7086788 | 6192096 | 9036743 |
Oct 05, 2020 | 9429521 | Seed | 1230054 | 5033229 |
View details of DrugBank's funding rounds and investors
DrugBank's founders and board of directors
Founder? Claim ProfileThe founders of DrugBank are Craig Knox and Michael Wilson.
Here are the details of DrugBank's key team members:
- Craig Knox: Co-Founder & CTO of DrugBank.
- 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 |
|---|---|---|---|---|
Independent board member | - | Current | 12y 3m | |
juszwiy | Independent board member | - | Current | 5y 9m |
edxhtmf | Independent board member | - | Current | 7y 5m |
fdfgscx | Independent board member | - | Current | 1y 3m |
View details of DrugBank's Founder profiles and Board Members
DrugBank's employee count trend
DrugBank has 47 employees as of Jul 24. Here is DrugBank's employee count trend over the years:
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DrugBank's Competitors and alternates
Top competitors of DrugBank include Truveta, nference and Seg Med. Here is the list of Top 10 competitors of DrugBank, ranked by Tracxn score:
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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 | 65/100 | |
2nd | nference 2013, Cambridge (United States), Series C | Provider of an AI platform for clinical data analysis and insights | $134M | 64/100 | |
3rd | Seg Med 2019, Stanford (United States), Series A | Provider of AI based clinical data management software and services for researchers | $17.7M | 62/100 | |
4th | Drug database for life sciences and healthcare and clinical APIs | $9M | 58/100 | ||
5th | Provider of an AI based data analytics solution for reserachers | $14.2M | 58/100 | ||
6th | Verana Health 2011, San Francisco (United States), Series E | Online platform for clinical trail data analytics and management software for researchers | $288M | 57/100 | |
7th | Flywheel 2015, Minneapolis (United States), Series D | Cloud based data research platform | $154M | 55/100 | |
8th | Pangaeadata Ai 2017, United Kingdom, Seed | Provider of AI-based medical and healthcare data analysis for providers and researchers | - | 48/100 | |
9th | LunaDNA 2017, Solana Beach (United States), Deadpooled | Developer of community-owned health and DNA data platform | $15M | 41/100 | |
10th | INSIGHT Health 1999, Waldems (Germany), Unfunded | Provider of data and analytics for the pharmaceutical and healthcare markets | - | - | 37/100 |
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DrugBank's Investments and acquisitions
DrugBank has made no investments or acquisitions yet.
News related to DrugBank
Media has covered DrugBank for a total of 2 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
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DrugBank Raises $9M in Seed FundingFinSMEs•Apr 11, 2022•DrugBank, Brightspark Ventures, Amplitude, Theodorus and 3 others
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