About HandyLab
HandyLab is a company based in Ann Arbor (United States) founded in 1999 was acquired by Becton Dickinson in October 2009.. HandyLab has raised $30.7 million across 4 funding rounds from investors including Pfizer, HP and BD. HandyLab operates in a competitive market with competitors including Prenetics, Karius, Day Zero Diagnostics, OpGen and Clear Labs, among others.
- Headquarter Ann Arbor, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Handylab, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.7 M (USD)
in 4 rounds
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Latest Funding Round
$19.2 M (USD), Series D
Aug 04, 2008
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Investors
Pfizer
& 8 more
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Employee Count
Employee Count
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Acquired by
Becton Dickinson
(Oct 23, 2009)
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Funding Insights of HandyLab
HandyLab has successfully raised a total of $30.7M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $19.2 million completed in August 2008. 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 4
- Last Round Series D — $19.2M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2008 | Amount | Series D - HandyLab | Valuation | Dow Chemical Company , Ann Lurie | |
| Jan, 2006 | Amount | Series C - HandyLab | Valuation |
investors |
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| Jun, 2002 | Amount | Series B - HandyLab | 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 HandyLab
HandyLab has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Pfizer, HP and BD. 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 US tech and life science companies are invested in.
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Founded Year | Domain | Location | |
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Healthcare venture capital investments are made by Arboretum Ventures.
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Founded Year | Domain | Location | |
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A platform dedicated to partnership marketing insights.
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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 HandyLab
| 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 - HandyLab
| 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 |
Handylab Comparisons
Competitors of HandyLab
HandyLab 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 Prenetics, Karius, Day Zero Diagnostics, OpGen and Clear Labs, 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 |
Health risks are identified through online genetic and diagnostic testing.
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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 |
Genome sequencing diagnostics for infectious diseases are developed.
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| domain | founded_year | HQ Location |
Developer of diagnostics and bioinformatics platforms for providers
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| domain | founded_year | HQ Location |
Food safety technologies are provided for pathogen identification.
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| domain | founded_year | HQ Location |
Viral infection treatments are developed using nucleic acid hybrid chemistry.
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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 Handylab
Frequently Asked Questions about HandyLab
When was HandyLab founded?
HandyLab was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is HandyLab located?
HandyLab is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Is HandyLab a funded company?
HandyLab is a funded company, having raised a total of $30.7M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5.5M, raised on Jun 01, 2000.
What does HandyLab do?
HandyLab was founded in 1999 in Ann Arbor, United States, and operates within the biotechnology sector focused on molecular diagnostics. Assays and automation platforms are developed, including the HandyLab Jaguar system, which integrates sample preparation, nucleic acid extraction, and real-time PCR amplification and detection. This bench-top setup supports on-demand and batch processing for clinical workflows, with results generated in real time.
Who are the top competitors of HandyLab?
HandyLab's top competitors include Prenetics, Clear Labs and Day Zero Diagnostics.
Who are HandyLab's investors?
HandyLab has 9 investors. Key investors include Pfizer, HP, BD, Dow, and EDF Ventures.