About Cryoport
Cryoport is a company based in Brentwood (United States) founded in 2019. It operates as a Managed Services, and Direct-to-Consumer (D2C). The company has 1,190 employees as of December 31, 2024. Cryoport offers products and services including Cryogenic Storage Systems, Temperature-Controlled Supply Chain Solutions, and Biostorage and Sample Processing. Cryoport operates in a competitive market with competitors including GenVault Corporation, iSpecimen, PrecisionMed, Cryoniss and AminoChain, among others.
- Headquarter Brentwood, United States
- Employees 1190 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Cryoport, Inc.
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Annual Revenue
$228.38 M-2.09as on Dec 31, 2024
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Net Profit
$-114.76 M-15.23as on Dec 31, 2024
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EBITDA
$-37.25 M-19.55as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1190
as on Dec 31, 2024
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IPO & Listings of Cryoport
Cryoport is a publicly listed company on the NASDAQ with ticker symbol CYRX in USA, operating in the Transportation 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.
Products & Services of Cryoport
Cryoport offers a comprehensive portfolio of products and services, including Cryogenic Storage Systems, Temperature-Controlled Supply Chain Solutions, and Biostorage and Sample Processing. 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.
Cryogenic storage systems are manufactured for life sciences.
Temperature-controlled solutions are provided for life sciences.
Biostorage and processing services are offered for research.
Funding Insights of Cryoport
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cryoport
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cryoport
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cryoport Comparisons
Competitors of Cryoport
Cryoport 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 GenVault Corporation, iSpecimen, PrecisionMed, Cryoniss and AminoChain, 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 |
Biosamples are stabilized, transported, stored, and retrieved by GenVault.
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| domain | founded_year | HQ Location |
Provider of a biorepository of human clinical specimens
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| domain | founded_year | HQ Location |
Human biological materials for research are supplied via a biorepository.
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| domain | founded_year | HQ Location |
Provider of biobanking services for life sciences industries
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| domain | founded_year | HQ Location |
A blockchain-based platform for tokenizing and incentivizing stem cell donations
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| domain | founded_year | HQ Location |
Provider of services for collecting and preserving umbilical cord blood stem cells
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cryoport
Frequently Asked Questions about Cryoport
When was Cryoport founded?
Cryoport was founded in 2019.
Where is Cryoport located?
Cryoport is headquartered in Brentwood, United States.
Who is the current CEO of Cryoport?
Jerrell W Shelton is the current CEO of Cryoport.
How many employees does Cryoport have?
As of Dec 31, 2024, the latest employee count at Cryoport is 1,190.
What is the annual revenue of Cryoport?
Annual revenue of Cryoport is $228.38M as on Dec 31, 2024.
What does Cryoport do?
Cryoport, Inc. is established as a key player in the life sciences sector, specializing in temperature-controlled supply chain solutions. The company is known as the worlds largest manufacturer of cryogenic storage systems. It is also a leader in supporting clinical trials and commercial therapies for regenerative medicine. Additionally, trusted biostorage and sample processing services are provided. Operations span across the Americas, EMEA, and APAC regions with over 15 locations worldwide. Services are extended to biopharmaceutical, animal husbandry, and reproductive medicine companies, as well as universities, research institutions, and government agencies. Innovative supply-chain technologies and services are delivered through industry-leading brands like Cryoport Systems, MVE Biological Solutions, and CRYOGENE.
Who are the top competitors of Cryoport?
Cryoport's top competitors include iSpecimen, AminoChain and GenVault Corporation.
What products or services does Cryoport offer?
Cryoport offers Cryogenic Storage Systems, Temperature-Controlled Supply Chain Solutions, and Biostorage and Sample Processing.
Is Cryoport publicly traded?
Yes, Cryoport is publicly traded on NASDAQ under the ticker symbol CYRX.
What is Cryoport's ticker symbol?
The ticker symbol of Cryoport is CYRX on NASDAQ.
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