BioLife Solutions

Bothell, United States Founded: 1987 • Age: 39 yrs
Tissue hypothermic storage and cryopreservation freeze media are developed.
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About BioLife Solutions

BioLife Solutions is a company based in Bothell (United States) founded in 1987.. The company has 159 employees as of December 31, 2024. BioLife Solutions has completed 6 acquisitions, including Astero Bio, PanTHERA CryoSolutions and Savsu Technologies. BioLife Solutions offers products and services including CryoStor, HypoThermosol, and Thawing Systems. BioLife Solutions operates in a competitive market with competitors including Quanterix, Biocare Medical, Merck, Telesis Bio and Bio Rad, among others.

  • Headquarter Bothell, United States
  • Employees 159 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Biolife Solutions, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $82.25 M
    8.44
    as on Dec 31, 2024
  • Net Profit
    $-36.06 M
    46.97
    as on Dec 31, 2024
  • EBITDA
    $-1.64 M
    91.15
    as on Dec 31, 2024
  • Latest Funding Round
    $10.37 M (USD), Post-IPO

    Oct 27, 2023

  • Investors
  • Employee Count
    159

    as on Dec 31, 2024

  • Investments & Acquisitions
    Astero Bio

    & 5 more

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IPO & Listings of BioLife Solutions

BioLife Solutions is a publicly listed company on the NASDAQ with ticker symbol BLFS in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: BLFS . Sector: Health technology · USA

Products & Services of BioLife Solutions

BioLife Solutions offers a comprehensive portfolio of products and services, including CryoStor, HypoThermosol, and Thawing Systems. 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

Media for cryopreservation of biologics at low temperatures

Product for hypothermic storage and shipping of biologics

Systems for precise thawing of cryogenic materials

People of BioLife Solutions
Headcount 10-50
Employee Profiles 14
Board Members and Advisors 18
Employee Profiles
People
Aby J. Mathew
SVP & CTO
People
Karen Foster
VP, Operations
People
Mike Pallotta
Global VP, Hardware & Electrical Engineering
People
Todd Berard
VP, Marketing

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Board Members and Advisors
people
Andrew Hinson
Director
people
Rachel Ellingson
Director
people
Amy Duross
Director

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Funding Insights of BioLife Solutions

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $10.4M
  • First Round

    (30 Apr 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Post-IPO - BioLife Solutions Valuation

investors

Apr, 2018 Amount Post-IPO - BioLife Solutions Valuation

investors

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

Investments & Acquisitions by BioLife Solutions

BioLife Solutions has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Astero Bio, PanTHERA CryoSolutions and Savsu Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Process and handling solutions for pharmaceutical sectors are developed.
2019
Tools and technologies for life science research are developed.
2018
Cryopreservation platform for cells, tissues, and organs is provided.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BioLife Solutions

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

Biolife Solutions Comparisons

Employees
+
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Competitors of BioLife Solutions

BioLife Solutions 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 Quanterix, Biocare Medical, Merck, Telesis Bio and Bio Rad, 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
Assay kits for ultra-sensitive biomarker detection are developed.
domain founded_year HQ Location
Primary antibodies and instruments for immunohistochemistry are manufactured.
domain founded_year HQ Location
Merck is engaged in science and technology solutions globally.
domain founded_year HQ Location
Online platform offering life sciences reagents and kits
domain founded_year HQ Location
Portfolio of products and services for life science research and clinical diagnostic markets
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.

Latest news on Biolife Solutions

Frequently Asked Questions about BioLife Solutions

When was BioLife Solutions founded?

BioLife Solutions was founded in 1987 and raised its 1st funding round 31 years after it was founded.

Where is BioLife Solutions located?

BioLife Solutions is headquartered in Bothell, United States. It is registered at Bothell, Washington, United States.

How many employees does BioLife Solutions have?

As of Dec 31, 2024, the latest employee count at BioLife Solutions is 159.

What is the annual revenue of BioLife Solutions?

Annual revenue of BioLife Solutions is $82.25M as on Dec 31, 2024.

What does BioLife Solutions do?

BioLife Solutions was founded in 1987 and is headquartered in Bothell, United States. Operations focus on the biotechnology sector, where hypothermic storage solutions and cryopreservation media are produced for applications in regenerative medicine, biobanking, and drug discovery. Key products include CryoStor for freezing, HypoThermosol for storage, BloodStor for blood components, and media for cell thawing, supporting research and clinical needs across these fields.

Who are the top competitors of BioLife Solutions?

BioLife Solutions's top competitors include Biocare Medical, Merck and Siemens Healthineers.

What products or services does BioLife Solutions offer?

BioLife Solutions offers CryoStor, HypoThermosol, and Thawing Systems.

Is BioLife Solutions publicly traded?

Yes, BioLife Solutions is publicly traded on NASDAQ under the ticker symbol BLFS.

How many acquisitions has BioLife Solutions made?

BioLife Solutions has made 6 acquisitions, including Astero Bio, PanTHERA CryoSolutions, and Savsu Technologies.

What is BioLife Solutions's ticker symbol?

The ticker symbol of BioLife Solutions is BLFS on NASDAQ.

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