About Ingenuity Systems
Ingenuity Systems is a company based in Redwood City (United States) founded in 1998 was acquired by Qiagen in April 2013.. Ingenuity Systems has raised $20.4 million across 2 funding rounds from investors including Morgan Stanley, Accel and Qiagen. The company has 30 employees as of December 31, 2020. Ingenuity Systems has completed 1 acquisition, including County Apps. Ingenuity Systems operates in a competitive market with competitors including Helix, Benchling, Genomics, BioAge Labs and Seven Bridges Genomics, among others.
- Headquarter Redwood City, United States
- Employees 30 as on 31 Dec, 2020
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ingenuity Systems 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
$20.4 M (USD)
in 2 rounds
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Latest Funding Round
$15.4 M (USD), Series B
Jun 30, 2010
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Investors
Morgan Stanley
& 3 more
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Employee Count
30
as on Dec 31, 2020
- Investments & Acquisitions
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Acquired by
Qiagen
(Apr 29, 2013)
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Funding Insights of Ingenuity Systems
Ingenuity Systems has successfully raised a total of $20.4M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15.4 million completed in June 2010. 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 2
- Last Round Series B — $15.4M
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First Round
First Round
(01 Jun 2003)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series B - Ingenuity Systems | Valuation | Accel , Morgan Stanley |
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| Jun, 2003 | Amount | Series A - Ingenuity Systems | 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 |
Investors in Ingenuity Systems
Ingenuity Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Accel and Qiagen. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Life science & tech focused VC firm investing in companies in the US
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Founded Year | Domain | Location | |
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Wealth management, investment advisory, and financial services are provided.
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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 Ingenuity Systems
Ingenuity Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include County Apps. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile and web apps are developed for local governments.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ingenuity Systems
| 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 |
Ingenuity Systems Comparisons
Competitors of Ingenuity Systems
Ingenuity Systems 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 Helix, Benchling, Genomics, BioAge Labs and Seven Bridges Genomics, 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 |
Genomic database for clinical research is provided.
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| domain | founded_year | HQ Location |
Cloud-based bioinformatics platform is offered for biotech research.
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| domain | founded_year | HQ Location |
Genomic risk assessment and prevention platform is provided.
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| domain | founded_year | HQ Location |
Bioinformatics platform is provided for biomarkers and drug discovery.
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| domain | founded_year | HQ Location |
Cloud-based platform to analyze, store, and act on genomic data.
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| domain | founded_year | HQ Location |
Single-molecule genetic and epigenetic sequencing solutions are provided.
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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 Ingenuity Systems
When was Ingenuity Systems founded?
Ingenuity Systems was founded in 1998 and raised its 1st funding round 5 years after it was founded.
Where is Ingenuity Systems located?
Ingenuity Systems is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Ingenuity Systems a funded company?
Ingenuity Systems is a funded company, having raised a total of $20.4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2003.
How many employees does Ingenuity Systems have?
As of Dec 31, 2020, the latest employee count at Ingenuity Systems is 30.
What does Ingenuity Systems do?
Ingenuity Systems was founded in 1998 in Redwood City, United States, within the bioinformatics sector. Web-based applications were developed by the company to analyze and interpret biological insights from genomic data. Support was extended to sequencing data, gene expression analysis through real-time PCR and microarray methods, and biological pathway network analysis. Acquisition by Qiagen occurred on April 29, 2013, followed by a name change to QIAGEN Silicon Valley.
Who are the top competitors of Ingenuity Systems?
Ingenuity Systems's top competitors include Helix, Benchling and BioAge Labs.
How many acquisitions has Ingenuity Systems made?
Ingenuity Systems has made 1 acquisition, including County Apps.
Who are Ingenuity Systems's investors?
Ingenuity Systems has 4 investors. Key investors include Morgan Stanley, Accel, Qiagen, and Three Arch Partners.
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