See the 14-slide pitch deck Labviva used to raise $20 million to overhaul a crucial but overlooked task for Big Pharma
it"sits on top of your existing procurement software" to simplify buying things like chemicals, pipettes, biological reagents, and other laboratory supplies. The company allows its customers to access more products, see data on purchasing trends, and order directly from suppliers.
Founded in 2019, the company has over 100 suppliers on its platform and partners with more than half a dozen life sciences companies and universities, including Japanese pharmaceutical companyBaharloo said Labviva's platform handles around $7 million in purchases per month, and he expects that number to double in the coming months based on new clients it's onboarded recently. He added that the company expects to see $150 million in purchases on its platform in 2023.
Labviva said on Monday that it had raised $20 million from investors in a Series A round led by Biospring Partners, bringing the company's total capital raised to $30 million.Labviva's goal is simplifying how researchers order the supplies they need in their labs.Labviva isn't focused on displacing existing procurement systems like Jaggaer and Coupa, Baharloo told Insider. Instead, it wants to work with existing platforms to let researchers access the things they need in one place.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Elon Musk puts $20 billion value on Twitter, The Information reportsTwitter Inc CEO Elon Musk has offered the social-media company's employees stock grants at a valuation of nearly $20 billion, the Information reported on Saturday, citing a person familiar with an email Musk sent to Twitter staff.
Consulte Mais informação »
Elon Musk values Twitter '$20 billion' after $44 billion acquisition in 2022Elon Musk, the CEO of Twitter, has reportedly issued stock grants to the company's staff at a valuation of close to $20 billion, according to multiple media reports on Saturday.
Consulte Mais informação »
Musk Values Twitter at $20 BillionAn email to Twitter’s communications department was returned with a poop emoji.
Consulte Mais informação »
Elon Musk reportedly values Twitter at $20 billion | EngadgetElon Musk values Twitter at about $20 billion, according to a recent email he sent to company employees..
Consulte Mais informação »