About Finbiosoft
Finbiosoft is a company based in Espoo (Finland) founded in 2011 by Teemu Qvick, Jani Huttunen, and Akseli Virtanen was acquired by BYG4lab in March 2024.. Finbiosoft offers products and services including Validation Manager, EQA Manager, and Results Manager. Finbiosoft operates in a competitive market with competitors including Waters Corporation, Quartzy, Tecan, Emerald Therapeutics and Ovation, among others.
- Headquarter Espoo, Finland
- Founders Teemu Qvick, Jani Huttunen, Akseli Virtanen
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Finbiosoft Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Acquired by
BYG4lab
(Mar 18, 2024)
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Products & Services of Finbiosoft
Finbiosoft offers a comprehensive portfolio of products and services, including Validation Manager, EQA Manager, and Results Manager. 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.
Automates verifications of diagnostics methods and instruments for labs.
Simplifies management of EQA rounds and proficiency testing processes.
Accelerates qPCR data analysis and error-free result generation.
Funding Insights of Finbiosoft
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 May 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Seed - Finbiosoft | Valuation |
investors |
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| May, 2015 | Amount | Grant - Finbiosoft | Valuation |
investors |
| 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 |
Investors in Finbiosoft
Finbiosoft has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, BYG4lab and Springvest. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Springvest is recognized as a leading growth investment service in Finland.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Data management services are provided to laboratories.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finbiosoft
| 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 - Finbiosoft
| 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 |
Finbiosoft Comparisons
Competitors of Finbiosoft
Finbiosoft 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 Waters Corporation, Quartzy, Tecan, Emerald Therapeutics and Ovation, 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 |
Provider of laboratory management system for researchers and clinicians
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| domain | founded_year | HQ Location |
Lab management platform for life sciences is offered by Quartzy.
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| domain | founded_year | HQ Location |
Automated laboratory instruments, robotics, and diagnostic solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based remote lab automation software is offered for life sciences.
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| domain | founded_year | HQ Location |
Cloud-based platform for laboratory data management and collaboration is provided.
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| domain | founded_year | HQ Location |
LIMS, Quality ELN and Business Intelligence solutions for laboratory
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Finbiosoft
When was Finbiosoft founded?
Finbiosoft was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Finbiosoft located?
Finbiosoft is headquartered in Espoo, Finland.
Who is the current CEO of Finbiosoft?
Akseli Virtanen is the current CEO of Finbiosoft. They have also founded this company.
What does Finbiosoft do?
Cloud-based software for laboratory method and instrument verifications. The companys software suite includes Validation Manager, EQA Manager, and Results Manager for instrument and assay verifications and validations.
Who are the top competitors of Finbiosoft?
Finbiosoft's top competitors include Ovation, Tecan and Waters Corporation.
What products or services does Finbiosoft offer?
Finbiosoft offers Validation Manager, EQA Manager, and Results Manager.
Who are Finbiosoft's investors?
Finbiosoft has 3 investors. Key investors include European Union, BYG4lab, and Springvest.