Indigo Biosciences

State College, United States Founded: 2005 • Age: 21 yrs
Nuclear receptor and in vitro toxicology solutions are provided.
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About Indigo Biosciences

Indigo Biosciences is a company based in State College (United States) founded in 2005.. Indigo Biosciences has raised $1.28 million across 4 funding rounds from investors including LSG Investments, Allied Growth Strategies & Management and iNetworks. The company has 17 employees as of December 31, 2023. Indigo Biosciences offers products and services including FGFR3 Reporter Assay Kit, DRD1 Reporter Assay Kit, GCGR Reporter Assay Kit, GIPR Reporter Assay Kit, and GLP-1R Reporter Assay Kit. Indigo Biosciences operates in a competitive market with competitors including Cellply, Lucid Scientific, Kiyatec, CytoTronics and Saguaro, among others.

  • Headquarter State College, United States
  • Employees 17 as on 31 Dec, 2023
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Indigo Biosciences, Incorporated
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.28 M (USD)

    in 4 rounds

  • Latest Funding Round
    $500 K (USD), Series B

    Jun 28, 2016

  • Investors
  • Employee Count
    17

    as on Dec 31, 2023

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Products & Services of Indigo Biosciences

Indigo Biosciences offers a comprehensive portfolio of products and services, including FGFR3 Reporter Assay Kit, DRD1 Reporter Assay Kit, GCGR Reporter Assay Kit, GIPR Reporter Assay Kit, and GLP-1R Reporter Assay Kit. 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.

Primary

Kit for screening activity against Human Fibroblast Growth Factor Receptor.

Kit for screening activity against Human Dopamine Receptor D1.

Kit for screening activity against Human Glucagon Receptor.

Kit for screening activity against Human Gastric Inhibitory Polypeptide Receptor.

Kit for screening activity against Human Glucagon-Like Peptide-1 Receptor.

People of Indigo Biosciences
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 5
Employee Profiles
People
Fred Marroni
President & CEO
People
John Vanden Heuvel
Chief Scientific Officer
People
Bruce A. Sherf
CTO
People
Andrew Woodman
Laboratory Director

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Board Members and Advisors
people
Brad Harmon
Director
people
Steve Carpenter
Director
people
Chris Novak
Director
people
Donald C. Belt
Director

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Funding Insights of Indigo Biosciences

Indigo Biosciences has successfully raised a total of $1.28M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $500 thousand completed in June 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 Rounds 4
  • Last Round Series B — $500,000
  • First Round

    (03 Sep 2010)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Series B - Indigo Biosciences Valuation LSGPA , Allied Growth Strategies & Management
Apr, 2014 Amount Series A - Indigo Biosciences Valuation

investors

Oct, 2011 Amount Seed - Indigo Biosciences Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Indigo Biosciences

Indigo Biosciences has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include LSG Investments, Allied Growth Strategies & Management and iNetworks. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are made in life sciences technologies.
Founded Year Domain Location
-
Founded Year Domain Location
iNetworks is engaged in private equity investments and operational support.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Indigo Biosciences

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Indigo Biosciences

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Indigo Biosciences Comparisons

Employees
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Competitors of Indigo Biosciences

Indigo Biosciences 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 Cellply, Lucid Scientific, Kiyatec, CytoTronics and Saguaro, 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
Developer of in-vitro diagnostic products for the detection of cancer
domain founded_year HQ Location
Real-time cell analyzers are developed for oxygen consumption monitoring.
domain founded_year HQ Location
Kiyatec is focused on revolutionizing cancer care through predictive platforms.
domain founded_year HQ Location
Cell-based assays for drug discovery are developed via CMOS platform.
domain founded_year HQ Location
3D cell culture products are developed for drug discovery applications.
domain founded_year HQ Location
Metastatic cancer properties are targeted by Remedy Plan's containment therapy.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Indigo Biosciences

When was Indigo Biosciences founded?

Indigo Biosciences was founded in 2005 and raised its 1st funding round 5 years after it was founded.

Where is Indigo Biosciences located?

Indigo Biosciences is headquartered in State College, United States. It is registered at State College, Pennsylvania, United States.

Is Indigo Biosciences a funded company?

Indigo Biosciences is a funded company, having raised a total of $1.28M across 4 funding rounds to date. The company's 1st funding round was a Seed of $682K, raised on Sep 03, 2010.

How many employees does Indigo Biosciences have?

As of Dec 31, 2023, the latest employee count at Indigo Biosciences is 17.

What does Indigo Biosciences do?

Founded in 2005 and based in State College, United States, Indigo Biosciences operates in the biotechnology sector. Nuclear receptor-specific reporter assays are developed using engineered cells preserved through the proprietary CryoMite process for extended storage and shipping. Cell-based assays for therapeutic drug target evaluation are offered, along with related in vitro toxicology services, enabling on-demand use in research applications.

Who are the top competitors of Indigo Biosciences?

Indigo Biosciences's top competitors include CytoTronics, Kiyatec and Remedy Plan.

What products or services does Indigo Biosciences offer?

Indigo Biosciences offers FGFR3 Reporter Assay Kit, DRD1 Reporter Assay Kit, GCGR Reporter Assay Kit, GIPR Reporter Assay Kit, and GLP-1R Reporter Assay Kit.

Who are Indigo Biosciences's investors?

Indigo Biosciences has 3 investors. Key investors include LSG Investments, Allied Growth Strategies & Management, and iNetworks.

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