About Great Basin Scientific
Great Basin Scientific is a company based in Salt Lake City (United States) founded in 2005.. Great Basin Scientific has raised $28 million across 6 funding rounds. The company has 182 employees as of December 31, 2016. Great Basin Scientific operates in a competitive market with competitors including Inflammatix, Karius, MeMed, Visby Medical and GenMark Diagnostics, among others.
- Headquarter Salt Lake City, United States
- Employees 182 as on 31 Dec, 2016
- Stage Public
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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 Great Basin Scientific, Inc.
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Annual Revenue
$3.05 M42as on Dec 31, 2016
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Net Profit
$-89.15 M-54as on Dec 31, 2016
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EBITDA
$-34.08 M-52as on Dec 31, 2016
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Total Equity Funding
$28 M (USD)
in 6 rounds
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Latest Funding Round
$68 M (USD), Post-IPO
Jul 13, 2016
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Investors
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Employee Count
182
as on Dec 31, 2016
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Funding Insights of Great Basin Scientific
Great Basin Scientific has successfully raised a total of $28M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $68 million completed in July 2016. 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 6
- Last Round Post-IPO — $68.0M
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First Round
First Round
(04 Feb 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Post-IPO - Great Basin Scientific | Valuation |
investors |
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| Jan, 2016 | Amount | Post-IPO - Great Basin Scientific | Valuation |
investors |
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| Apr, 2014 | Amount | Series B - Great Basin Scientific | Valuation |
investors |
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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 |
Investments & Acquisitions by Great Basin Scientific
| 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 - Great Basin Scientific
| 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 |
Great Basin Scientific Comparisons
Competitors of Great Basin Scientific
Great Basin Scientific 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 Inflammatix, Karius, MeMed, Visby Medical and GenMark Diagnostics, 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 diagnostic solutions for systemic infections
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| domain | founded_year | HQ Location |
Developer of a non-invasive pathogen blood test for the detection of infectious diseases
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| domain | founded_year | HQ Location |
Provider of machine learning based diagnostic solutions for infectious diseases
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| domain | founded_year | HQ Location |
Portable PCR diagnostics for infectious diseases are developed.
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| domain | founded_year | HQ Location |
Instruments and test panels for multiplexed molecular diagnostics are provided.
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| domain | founded_year | HQ Location |
Diagnostic technologies for infectious, cancer, and neurological diseases are developed.
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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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Frequently Asked Questions about Great Basin Scientific
When was Great Basin Scientific founded?
Great Basin Scientific was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Great Basin Scientific located?
Great Basin Scientific is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is Great Basin Scientific a funded company?
Great Basin Scientific is a funded company, having raised a total of $28M across 6 funding rounds to date. The company's 1st funding round was a Series B of $600K, raised on Feb 04, 2011.
How many employees does Great Basin Scientific have?
As of Dec 31, 2016, the latest employee count at Great Basin Scientific is 182.
What is the annual revenue of Great Basin Scientific?
Annual revenue of Great Basin Scientific is $3.05M as on Dec 31, 2016.
What does Great Basin Scientific do?
Great Basin Scientific was founded in 2005 and is headquartered in Salt Lake City, United States. Molecular diagnostics technologies are developed and commercialized by the company within the healthcare sector. Sample-to-result devices are produced using chip-based methods combined with isothermal amplification for detecting multiple pathogens in infectious disease samples. Diagnostic data is provided to support timely treatment decisions by healthcare providers.
Who are the top competitors of Great Basin Scientific?
Great Basin Scientific's top competitors include Visby Medical, Inflammatix and MeMed.