EvidScience

El Segundo, United States Founded: 2016 • Age: 10 yrs Acquired By Genesis Research
Developer an ML platform for generating insights by analyzing pharma literature

About EvidScience

EvidScience is a Healthcare company based in El Segundo (United States) founded in 2016, and was acquired by Genesis Research in January 2021. Developer an ML platform for generating insights by analyzing pharma literature. EvidScience has raised $500 thousand across 2 funding rounds from investors including Tikehau Capital, Genesis Research and Wavemaker 360. Its focus areas include HealthTech, Life Sciences Tech, Diversified and Life Sciences. Its competitors include Veeva Systems, Instem and Strateos; 2 of its 3 listed competitors have raised funding.

Company details

EvidScience has developed a machine learning-based platform which can analyze data available in peer-reviewed articles to generate insights and summaries of cost and outcomes related data. The company claims that its platform can generate 500X faster than humans. The company can analyze data and provide outcomes with respect to brand insights, competitive landscapes, clinical study design optimization, and real-time cost analysis.

  • Headquarters El Segundo, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
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  • Website evidscience.com
  • Social LinkedIn X
  • Acquired by Genesis Research (Jan 2021)
Key Metrics

Funding Insights of EvidScience

EvidScience has successfully raised a total of $500K across 2 strategic funding rounds. 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 $500,000
  • Total Rounds 2
  • First Round $500,000

    (Feb 2018)

  • Investors Count 3

All 2 funding rounds of EvidScience with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019Seed–Wavemaker 360, Mucker
–
Feb 2018$500,000Seed–Tikehau Capital
–
Valuation history

4 investors in total: 4 institutional.

Investors in EvidScience

EvidScience has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Tikehau Capital, Genesis Research and Wavemaker 360.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
wavemaker360.com
Accelerator and venture capital firm
mucker.comSanta Monica, United States
Debt and equity investments are managed by the private fund.
2013tikehaucapital.comLondon, United Kingdom
Research support is provided to the life science industry.
2009genesisrg.comHoboken, United States
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Investor details for EvidScience

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  • Round participation
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Timeline of EvidScience

4 dated milestones of EvidScience across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded EvidScience is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Seed,.
  4. Exit Acquired by Genesis Research.

Competitors of EvidScience

EvidScience has 3 listed competitors in our database, 2 of them funded. They include Veeva Systems, Instem and Strateos.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
veeva.com2007Pleasanton, United States$4M226
Cloud-based data management solutions for healthcare are provided.
instem.com1969Conshohocken, United States190
Software for life science data collection and analysis is provided.
strateos.com2019Menlo Park, United States$72.6M147
Provider of cloud based platform provides data driven information for biotech research
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Detailed competitors of EvidScience

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  • Full competitor set
  • Operating metrics
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Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as EvidScience (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about Evidscience

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Complete news archive for EvidScience

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about EvidScience

EvidScience was founded in 2016 and raised its 1st funding round 2 years after it was founded.

EvidScience is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.

EvidScience is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Feb 2018.

EvidScience has developed a machine learning-based platform which can analyze data available in peer-reviewed articles to generate insights and summaries of cost and outcomes related data. The company claims that its platform can generate 500X faster than humans. The company can analyze data and provide outcomes with respect to brand insights, competitive landscapes, clinical study design optimization, and real-time cost analysis.

EvidScience's top competitors include Veeva Systems, Instem and Strateos.

EvidScience has 4 investors. Key investors include Tikehau Capital, Genesis Research, Wavemaker 360, and Mucker.

Yes. EvidScience was acquired by Genesis Research in January 2021.

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