About Genemod
Genemod is a company based in Seattle (United States) founded in 2017 by Jin Choe and Jacob Lee.. Genemod has raised $7.22 million across 3 funding rounds from investors including Canaan, defy vc and LDV Partners. The company has 2 employees as of December 31, 2024. Genemod offers products and services including Electronic Lab Notebook, Inventory Management, Virtual Freezers, and Genemod AI. Genemod operates in a competitive market with competitors including Waters Corporation, Ovation, Labvantage, Symyx Technologies and Labforward, among others.
- Headquarter Seattle, United States
- Employees 2 as on 31 Dec, 2024
- Founders Jin Choe, Jacob Lee
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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 Genemod Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.22 M (USD)
in 3 rounds
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Latest Funding Round
$4.5 M (USD), Seed
May 04, 2023
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Investors
Canaan
& 5 more
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Employee Count
2
as on Dec 31, 2024
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Products & Services of Genemod
Genemod offers a comprehensive portfolio of products and services, including Electronic Lab Notebook, Inventory Management, Virtual Freezers, and Genemod AI. 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.
Organizes projects and experiments with real-time collaboration.
Manages lab supplies and consumables for efficient tracking.
Digitally visualizes and tracks research specimens.
Enhances data analysis and decision-making in labs.
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Funding Insights of Genemod
Genemod has successfully raised a total of $7.22M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in May 2023. 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 Funding
- Total Rounds 3
- Last Round Seed — $4.5M
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First Round
First Round
(28 Aug 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - Genemod | Valuation | Defy , LDV Partners | |
| Oct, 2020 | Amount | Seed - Genemod | Valuation | Defy | |
| Aug, 2020 | Amount | Seed - Genemod | Valuation | Defy |
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| 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 Genemod
Genemod has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Canaan, defy vc and LDV Partners. 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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Early-stage venture capital investments are made in US geographies.
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Founded Year | Domain | Location | |
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Early & Late stage tech-focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Venture capital fund focused on early-stage biotech, life sciences, IT, and multiple sectors
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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 Genemod
| 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 - Genemod
| 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 |
Genemod Comparisons
Competitors of Genemod
Genemod 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, Ovation, Labvantage, Symyx Technologies and Labforward, 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 |
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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| domain | founded_year | HQ Location |
Informatics and automation products for research are offered.
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| domain | founded_year | HQ Location |
Laboratory collaboration platforms for data, devices, and researchers are provided.
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| domain | founded_year | HQ Location |
Provider of data driven drug discovery and development platform for various industries
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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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Latest news on Genemod
Frequently Asked Questions about Genemod
When was Genemod founded?
Genemod was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Genemod located?
Genemod is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Genemod?
Jacob Lee is the current CEO of Genemod. They have also founded this company.
Is Genemod a funded company?
Genemod is a funded company, having raised a total of $7.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Aug 28, 2020.
How many employees does Genemod have?
As of Dec 31, 2024, the latest employee count at Genemod is 2.
What does Genemod do?
Genemod was founded in 2017 and is headquartered in Seattle, United States. Cloud-based laboratory management software is offered for research labs, featuring a dashboard and platform for inventory and project oversight. Proprietary technology is utilized, including processing algorithms for workflow streamlining and solutions for sequence editing. The platform is available through various pricing modules to support lab operations in the biotechnology sector.
Who are the top competitors of Genemod?
Genemod's top competitors include Ovation, Waters Corporation and KareXpert.
What products or services does Genemod offer?
Genemod offers Electronic Lab Notebook, Inventory Management, Virtual Freezers, and Genemod AI.
Who are Genemod's investors?
Genemod has 6 investors. Key investors include Canaan, defy vc, LDV Partners, Dolby Family Ventures, and Unpopular Ventures.
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