When was Finbiosoft founded?

Finbiosoft was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Finbiosoft located?

Finbiosoft is headquartered in Espoo, Finland.

How many employees does Finbiosoft have?

As of Jul 01, 2024, the latest employee count at Finbiosoft is 8.

Is Finbiosoft a funded company?

Finbiosoft is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 01, 2015.

When was the latest funding round of Finbiosoft?

Finbiosoft's latest funding was a $***** Seed round on Mar 03, 2018, with participation from 1 investor. Its primary sector is Healthcare IT. Globally, the Healthcare IT sector has seen $7.53B in funding in 2026 to date.

Where does Finbiosoft rank among its competitors?

Finbiosoft ranks 173rd amongst 718 active competitors, of which 62 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cirdan Imaging, which secured $5.38M in Apr, 2026.

Who are the top competitors of Finbiosoft?

Finbiosoft's top competitors include Ovation, Automata and Tecan. Among them, Cirdan Imaging secured the most recent funding round in April, 2026.

Finbiosoft - 2026 Company Profile, Team, Funding & Competitors

Finbiosoft is an acquired company based in Espoo (Finland), founded in 2011 by Teemu Qvick and Jani Huttunen. It operates as a Cloud-based software for laboratory method and instrument verifications. Finbiosoft has raised an undisclosed amount in funding. The company has 718 active competitors, including 62 funded and 73 that have exited. Its top competitors include companies like Ovation, Automata and Tecan.

Company Details

Cloud-based software for laboratory method and instrument verifications. The company's software suite includes Validation Manager, EQA Manager, and Results Manager for instrument and assay verifications and validations.

Website: finbiosoft.com
Social
Phone Number: +358 **********

Key Metrics

Founded Year

2011

Location

Espoo, Finland

Stage

Acquired

Latest Funding Round

Seed, Mar 03, 2018, $*****

Investors

Europa & 1 more

Ranked

173^rd among 718 active competitors

Employee Count

8 as on Jul 01, 2024

Similar Companies

Ovation & 698 more

Exit Details

Acquired by BYG4lab (Mar 18, 2024)

View Finbiosoft's full profile

Finbiosoft got acquired by BYG4lab on Mar 18, 2024.

Click here to take a look at Finbiosoft's acquisition in detail

Finbiosoft has raised funding over 2 rounds. Its first funding round was on May 01, 2015. Its latest funding round was a Seed round on Mar 03, 2018 for $*****. 1 investor participated in its latest round. Finbiosoft has 2 institutional investors.

Here is the list of recent funding rounds of Finbiosoft:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 03, 2018	8051796	Seed	4100327	6252783	3070490	4568725
May 01, 2015	7437817	Grant (prize money)	3451903	6917070	3052581	Europa

Access funding benchmarks and valuations. Sign up today!

View details of Finbiosoft's funding rounds and investors

The founders of Finbiosoft are Teemu Qvick and Jani Huttunen.

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

Teemu Qvick: Co-Founder of Finbiosoft.
Jani Huttunen: Co-Founder of Finbiosoft.

View details of Finbiosoft's Founder profiles and Board Members

Finbiosoft's employee count trend

Finbiosoft has 8 employees as of Jul 24. Here is Finbiosoft's employee count trend over the years:

Uncover Finbiosoft's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Finbiosoft include Ovation, Automata and Tecan. Here is the list of Top 10 competitors of Finbiosoft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ovation 2009, Cambridge (United States), Series B	Provider of a cloud-based laboratory information and data management platform for researchers and clinicians	$33.3M	SignalFire, Madrona & 8 others	70/100
2nd	Automata 2015, London (United Kingdom), Series C	Developer of modular lab automation platforms for biological research workflows	$177M	Dimension, Hummingbird Ventures & 26 others	67/100
3rd	Tecan 1980, Mannedorf (Switzerland), Public	Provider of a automated laboratory instruments and solutions	-	Defense.gov, Europa & 2 others	66/100
4th	Deciphex 2017, Dublin (Ireland), Series C	Network of pathologists providing digital diagnostic services for medical testing	$56.6M	Seroba Life Sciences, Molten Ventures & 13 others	65/100
5th	Cirdan Imaging 2010, Lisburn (United Kingdom), Series B	Laboratory Information System for clinical laboratories	$27.6M	Invest Northern Ireland, Kernel Capital & 41 others	65/100
6th	Quartzy 2009, Hayward (United States), Series C	Provider of web-based platform for labs management	$56.9M	Eminence Capital, Orthogonal Thinker & 20 others	64/100
7th	Labforward 2013, Berlin (Germany), Acquired	Laboratory data, devices, and researchers collaboration platform	$10.2M	IBB Ventures, Vogel Communications Group ... & 13 others	61/100
8th	Uncountable Data 2016, San Francisco (United States), Series A	Developer of a unified platform for research and development data management	$27M	Sageview Capital, MK Capital & 4 others	61/100
9th	Synthace 2011, London (United Kingdom), Series C	Developer of software for automating biological experiments and data analysis	$80.3M	Horizons Ventures, Sofinnova Partners & 56 others	59/100
10th	Elemental Machines 2015, Cambridge (United States), Series B	Provider of data driven drug discovery and development platform for various industries	$52.3M	Omega Venture Partners, Founders Fund & 22 others	57/100
173rd	Finbiosoft 2011, Espoo (Finland), Acquired	Cloud-based software for laboratory method and instrument verifications	-	Europa, Springvest	27/100