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.
- Website
- simplicitybio.com
Key Metrics
Founded Year
2013
Location
Monthey, Switzerland
Stage
Acquired
Total Funding
$30.3K in 1 round
Latest Funding Round
Investors
Ranked
566th among 1568 active competitors
Employee Count
1 as on Jul 01, 2024
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 |
View details of SimplicityBio's funding rounds and investors
SimplicityBio's founders and board of directors
Founder? Claim ProfileThe founders of SimplicityBio is Pedro Faustino.
Here are the details of SimplicityBio's key team members:
- Pedro Faustino: COO and co-founder of SimplicityBio.
View details of SimplicityBio's Founder profiles and Board Members
SimplicityBio's employee count trend
SimplicityBio has 1 employees as of Jul 24. Here is SimplicityBio's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IQVIA 1982, Durham (United States), Public | Provider of clinical research and commercialization solutions for healthcare | $1.74M | 80/100 | |
2nd | 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 | Benchling 2012, San Francisco (United States), Series F | Provider of a cloud-based bioinformatics platform for biotech research | $412M | 73/100 | |
4th | Workforce management and staffing platform designed for healthcare and social care institutions | $97.9M | 72/100 | ||
5th | Helix 2015, San Francisco (United States), Series E | Provider of a genomic database for clinical research | $435M | 71/100 | |
6th | AVIA 2003, Chicago (United States), Series B | Digital business management and networking platform for the healthcare industry | $50M | 68/100 | |
7th | Cellworks 2005, San Jose (United States), Series B | Developer of a biosimulation platform | $16.5M | 66/100 | |
8th | Provider of services in genome sequencing | - | 64/100 | ||
9th | Saama 1999, Campbell (United States), Series C | AI-enabled platofrm for clinical trial data analytics | $75.8M | 64/100 | |
10th | Sophia Genetics 2011, Rolle (Switzerland), Public | Provider of artificial intelligence software for analyzing complex medical data | $249M | 62/100 | |
566th | 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
Here is the latest report on SimplicityBio's sector:
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