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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.
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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
Ranked
Employee Count
47 as on Jul 01, 2024
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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
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DrugBank's founders and board of directors

Founder? Claim Profile
The founders of DrugBank are Craig Knox and Michael Wilson.
Here are the details of DrugBank's key team members:

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

DrugBank's employee count trend

DrugBank has 47 employees as of Jul 24. Here is DrugBank's employee count trend over the years:
Employee count trend for DrugBank
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Truveta
Truveta
2020, Seattle (United States), Series C
Provider of healthcare data platform for learning services
$515M
65/100
2nd
Logo for nference
nference
2013, Cambridge (United States), Series C
Provider of an AI platform for clinical data analysis and insights
$134M
64/100
3rd
Logo for Seg Med
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
Logo for DrugBank
DrugBank
2006, Edmonton (Canada), Seed
Drug database for life sciences and healthcare and clinical APIs
$9M
58/100
5th
Logo for Semalytix
Semalytix
2015, Bielefeld (Germany), Series B
Provider of an AI based data analytics solution for reserachers
$14.2M
58/100
6th
Logo for Verana Health
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
Logo for Flywheel
Flywheel
2015, Minneapolis (United States), Series D
Cloud based data research platform
$154M
55/100
8th
Provider of AI-based medical and healthcare data analysis for providers and researchers
-
48/100
9th
Logo for LunaDNA
LunaDNA
2017, Solana Beach (United States), Deadpooled
Developer of community-owned health and DNA data platform
$15M
41/100
10th
Logo for INSIGHT Health
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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