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Index Biosystems - About the company

Index Biosystems is a seed company based in Toronto (Canada), founded in 2019. It operates as a Provider of food safety testing services. Index Biosystems has raised $5M in funding from Koan Capital. The company has 293 active competitors, including 30 funded and 53 that have exited. Its top competitors include companies like ALS, Oritain and Kersia.

Company Details

Email ID
*****@indexbiosystems.com
Registered Address
471 Cabot Trail, Waterloo
Key Metrics
Founded Year
2019
Location
Toronto, Canada
Stage
Seed
Total Funding
$5M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
10 as on Aug 31, 2026
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Index Biosystems's funding and investors

Index Biosystems has raised a total funding of $5M over 3 rounds. Its first funding round was on Dec 09, 2021. Its latest funding round was a Seed round on Jan 01, 2025 for $*****. 6 investors participated in its latest round. Index Biosystems has 9 institutional investors.

Here is the list of recent funding rounds of Index Biosystems:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 01, 2025
9851199
Seed
7597735
8748157
2406670
3558378
Jan 25, 2022
6005747
Seed
2138027
1519577
7517215
9395774
Dec 09, 2021
6589334
Grant (prize money)
1975256
7722290
4968834
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Index Biosystems' founders and board of directors

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Index Biosystems' Board of Directors

Index Biosystems's board has 2 active members. Paul Lee and Remi Schmaltz are independent board members.
Here is the list of Index Biosystems' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 0m
gx{uldm
Independent board member
-
Current
4y 8m

Index Biosystems' employee count trend

Index Biosystems has 10 employees as of Aug 26. Here is Index Biosystems's employee count trend over the years:
Employee count trend for Index Biosystems
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Index Biosystems's Competitors and alternates

Top competitors of Index Biosystems include ALS, Oritain and Kersia. Here is the list of Top 10 competitors of Index Biosystems, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ALS
ALS
1863, Brisbane (Australia), Acquired
Provider of analytical testing and certification services
-
59/100
2nd
Logo for Oritain
Oritain
2008, Dunedin (New Zealand), Series C
Provider of food safety testing services
$115M
58/100
3rd
Logo for Kersia
Kersia
1938, Dinard (France), Acquired
Provider of food safety testing services
-
56/100
4th
Logo for Index Biosystems
Index Biosystems
2019, Toronto (Canada), Seed
Provider of food safety testing services
$5M
46/100
5th
Logo for KPM Analytics
KPM Analytics
2015, Boston (United States), Funding Raised
Provider of analytical instrumentation and solutions for food, agricultural, and industrial quality control
-
40/100
6th
Logo for Shiva Analyticals
Shiva Analyticals
1997, Bengaluru (India), Acquired
Provider of analytical testing laboratories for material services
-
-
39/100
7th
Logo for VisioLab
VisioLab
2019, Berlin (Germany), Series A
Provider of food safety & testing services
$13.1M
39/100
8th
Logo for Equinox
Equinox
2005, Mumbai (India), Series A
Chains providing food water and air testing and safety audits
$3.08M
39/100
9th
Logo for EFRAC
EFRAC
1921, Kolkata (India), Acquired
Provider of food & drug testing services
$5.62M
38/100
10th
Logo for Certified Laboratories
Certified Laboratories
1926, Melville (United States), Funding Raised
Provider of food safety testing services
-
38/100
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Index Biosystems's Investments and acquisitions

Index Biosystems has made no investments or acquisitions yet.

Reports related to Index Biosystems

Here is the latest report on Index Biosystems's geography:

News related to Index Biosystems

Media has covered Index Biosystems for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Index Bio Launches AI-First FSQA PlatformIndex Biosystems•Mar 28, 2026•Index Biosystems
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FAQs about Index Biosystems

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