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SimplicityBio - About the company

SimplicityBio is an acquired company based in Monthey (Switzerland), founded in 2013 by Pedro Faustino. It operates as an In-silico solutions for bioinformatics. SimplicityBio has raised $30.3K in funding from Venture Kick. The company has 1568 active competitors, including 207 funded and 145 that have exited. Its top competitors include companies like IQVIA, Strand Life Sciences and Benchling.

Company Details

SimplicityBio is a biomarker discovery company which provides in-silico solutions for bioinformatics. Services include in-silico biomarker discovery and biomarker ranking, signature creation (biomarkers + classification algorithm) and improvement of an existent signature (sensitivity, specificity and robustness). It identifies biomarkers which can be used for diagnostics, patient stratification, follow-up or treatment response of certain diseases. As molecular diagnostic tests must reach certain sensitivity and specificity thresholds set by regulatory bodies in order to reach the market (e.g. CE IVD mark, FDA approval), its technology can be used for signature creation and improvement.
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Key Metrics
Founded Year
2013
Location
Monthey, Switzerland
Stage
Acquired
Total Funding
$30.3K in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
1 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Precision Medicine Group (Mar 06, 2019)

SimplicityBio's acquisition details

SimplicityBio got acquired by Precision Medicine Group on Mar 06, 2019.
Click here to take a look at SimplicityBio's acquisition in detail
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SimplicityBio's funding and investors

SimplicityBio has raised a total funding of $30.3K over 1 round. Its latest funding round was a Seed round on 2015 for $*****. 1 investor participated in its latest round. SimplicityBio has 7 institutional investors.

Here is the list of recent funding rounds of SimplicityBio:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2015
4280
Seed
5721
9798
3410
9788
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SimplicityBio's founders and board of directors

Founder? Claim Profile
The founders of SimplicityBio is Pedro Faustino.
Here are the details of SimplicityBio's key team members:

SimplicityBio's employee count trend

SimplicityBio has 1 employees as of Jul 24. Here is SimplicityBio's employee count trend over the years:
Employee count trend for SimplicityBio
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SimplicityBio's Competitors and alternates

Top competitors of SimplicityBio include IQVIA, Strand Life Sciences and Benchling. Here is the list of Top 10 competitors of SimplicityBio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IQVIA
IQVIA
1982, Durham (United States), Public
Provider of clinical research and commercialization solutions for healthcare
$1.74M
80/100
2nd
Logo for Strand Life Sciences
Strand Life Sciences
2000, Bengaluru (India), Acquired
Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery
$34.9M
74/100
3rd
Logo for Benchling
Benchling
2012, San Francisco (United States), Series F
Provider of a cloud-based bioinformatics platform for biotech research
$412M
73/100
4th
Logo for Hublo
Hublo
2013, Montreuil (France), Series C
Workforce management and staffing platform designed for healthcare and social care institutions
$97.9M
72/100
5th
Logo for Helix
Helix
2015, San Francisco (United States), Series E
Provider of a genomic database for clinical research
$435M
71/100
6th
Logo for AVIA
AVIA
2003, Chicago (United States), Series B
Digital business management and networking platform for the healthcare industry
$50M
68/100
7th
Logo for Cellworks
Cellworks
2005, San Jose (United States), Series B
Developer of a biosimulation platform
$16.5M
66/100
8th
Logo for BGI
BGI
1999, Shenzhen (China), Public
Provider of services in genome sequencing
-
64/100
9th
Logo for Saama
Saama
1999, Campbell (United States), Series C
AI-enabled platofrm for clinical trial data analytics
$75.8M
64/100
10th
Logo for Sophia Genetics
Sophia Genetics
2011, Rolle (Switzerland), Public
Provider of artificial intelligence software for analyzing complex medical data
$249M
62/100
566th
Logo for SimplicityBio
SimplicityBio
2013, Monthey (Switzerland), Acquired
In-silico solutions for bioinformatics
$30.3K
26/100
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SimplicityBio's Investments and acquisitions

SimplicityBio has made no investments or acquisitions yet.

Reports related to SimplicityBio

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News related to SimplicityBio

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