AxoSim

New Orleans, United States Founded: 2014 • Age: 12 yrs
Nerve-on-a-chip technology is advanced by AxoSim for drug development improvement.

About AxoSim

AxoSim is a company based in New Orleans (United States) founded in 2014.. AxoSim has raised $6.78 million across 11 funding rounds from investors including NIH, TPG and HHS. The company has 27 employees as of December 31, 2022. AxoSim offers products and services including AxoSim Platform and Products. AxoSim operates in a competitive market with competitors including Emulate, CN Bio, Mimetas, Nortis and NETRI, among others.

  • Headquarter New Orleans, United States
  • Employees 27 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Axosim, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.78 M (USD)

    in 11 rounds

  • Latest Funding Round
    $3.68 M (USD), Series A

    Nov 08, 2024

  • Investors
    NIH

    & 6 more

  • Employee Count
    27

    as on Dec 31, 2022

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Products & Services of AxoSim

AxoSim offers a comprehensive portfolio of products and services, including AxoSim Platform and Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for building and studying human brain models in labs.

Resources for addressing neurological disorders through lab innovation.

People of AxoSim
Headcount 10-50
Employee Profiles 1
Board Members and Advisors 5
Employee Profiles
People
Gregory Kading
Consulting CFO

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Board Members and Advisors
people
Mike Katz
Board Member
people
Joe Truhe
Board Member
people
David Weiner
Board Member
people
Jules Selkirk
Board Member

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Teams

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Funding Insights of AxoSim

AxoSim has successfully raised a total of $6.78M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $3.68 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 11
  • Last Round Series A — $3.7M
  • First Round

    (01 Feb 2016)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2024 Amount Series A - AxoSim Valuation

investors

Sep, 2020 Amount Grant - AxoSim Valuation

investors

HHS
Jun, 2020 Amount Seed - AxoSim Valuation Benson Capital Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AxoSim

AxoSim has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, TPG and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Jefferson Capital Partners is engaged in providing growth capital solutions.
Founded Year Domain Location
A 4-month acceleration program for technology startups is provided.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AxoSim

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AxoSim

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axosim Comparisons

Employees
+
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Competitors of AxoSim

AxoSim operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Emulate, CN Bio, Mimetas, Nortis and NETRI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of in vitro models for drug development
domain founded_year HQ Location
Organ-on-a-chip platforms are developed for drug discovery applications.
domain founded_year HQ Location
Microfluidics-based organ-on-a-chip models for drug evaluation are developed.
domain founded_year HQ Location
Small human tissue segments are generated in microfluidic chips.
domain founded_year HQ Location
Microfluidic devices are developed for industrial applications and brain-on-a-chip models.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about AxoSim

When was AxoSim founded?

AxoSim was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is AxoSim located?

AxoSim is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.

Is AxoSim a funded company?

AxoSim is a funded company, having raised a total of $6.78M across 11 funding rounds to date. The company's 1st funding round was a Seed of $1.97M, raised on Feb 01, 2016.

How many employees does AxoSim have?

As of Dec 31, 2022, the latest employee count at AxoSim is 27.

What does AxoSim do?

AxoSim was founded in 2014 in New Orleans, United States, with a focus on biotechnology. Nerve-on-a-chip technology, a 3D cell-based model mimicking nerve functions, was developed in Dr. Michael J. Moores lab at Tulane University. Funding has been received from the National Science Foundations Innovation Corps program. Operations center on creating these models to support drug testing and development processes in the biotech sector.

Who are the top competitors of AxoSim?

AxoSim's top competitors include Emulate, CN Bio and Cellbox Labs.

What products or services does AxoSim offer?

AxoSim offers AxoSim Platform and Products.

Who are AxoSim's investors?

AxoSim has 7 investors. Key investors include NIH, TPG, HHS, The Idea Village, and Benson Capital Partners.

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