About iSpecimen
iSpecimen is a company based in Lexington (United States) founded in 2009.. iSpecimen has raised $11.86 million across 8 funding rounds. The company has 24 employees as of December 31, 2024. iSpecimen offers products and services including iSpecimen Marketplace, Biofluids Inventory, and Tissue Samples. iSpecimen operates in a competitive market with competitors including GenVault Corporation, PrecisionMed, Cryoniss, AminoChain and ViaCell, among others.
- Headquarter Lexington, United States
- Employees 24 as on 31 Dec, 2024
- 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 Ispecimen Inc.
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Annual Revenue
$9.29 M-6.42as on Dec 31, 2024
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Net Profit
$-12.5 M-12.6as on Dec 31, 2024
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EBITDA
$-10.11 M-11.01as on Dec 31, 2024
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Total Equity Funding
$11.86 M (USD)
in 8 rounds
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Latest Funding Round
$5.5 M (USD), Post-IPO
Dec 30, 2025
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Investors
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Employee Count
24
as on Dec 31, 2024
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IPO & Listings of iSpecimen
iSpecimen is a publicly listed company on the NASDAQ with ticker symbol ISPC in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of iSpecimen
iSpecimen offers a comprehensive portfolio of products and services, including iSpecimen Marketplace, Biofluids Inventory, and Tissue Samples. 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.
Online system for accessing and ordering human biospecimens for research.
Collection of biofluids like blood and urine for life science studies.
Provision of fresh, frozen, and processed tissues for medical research.
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Funding Insights of iSpecimen
iSpecimen has successfully raised a total of $11.86M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.5 million completed in December 2025. 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 8
- Last Round Post-IPO — $5.5M
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First Round
First Round
(12 Jul 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Post-IPO - iSpecimen | Valuation |
investors |
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| Aug, 2025 | Amount | Post-IPO - iSpecimen | Valuation |
investors |
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| Aug, 2025 | Amount | Post-IPO - iSpecimen | 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 iSpecimen
| 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 - iSpecimen
| 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 |
Ispecimen Comparisons
Competitors of iSpecimen
iSpecimen 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 GenVault Corporation, PrecisionMed, Cryoniss, AminoChain and ViaCell, 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 |
Biosamples are stabilized, transported, stored, and retrieved by GenVault.
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| domain | founded_year | HQ Location |
Human biological materials for research are supplied via a biorepository.
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| domain | founded_year | HQ Location |
Provider of biobanking services for life sciences industries
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| domain | founded_year | HQ Location |
A blockchain-based platform for tokenizing and incentivizing stem cell donations
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| domain | founded_year | HQ Location |
Provider of services for collecting and preserving umbilical cord blood stem cells
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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 Ispecimen
Frequently Asked Questions about iSpecimen
When was iSpecimen founded?
iSpecimen was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is iSpecimen located?
iSpecimen is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.
Is iSpecimen a funded company?
iSpecimen is a funded company, having raised a total of $11.86M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $1.75M, raised on Jul 12, 2012.
How many employees does iSpecimen have?
As of Dec 31, 2024, the latest employee count at iSpecimen is 24.
What is the annual revenue of iSpecimen?
Annual revenue of iSpecimen is $9.29M as on Dec 31, 2024.
What does iSpecimen do?
iSpecimen was founded in 2009 and is based in Lexington, United States. Human clinical specimens are provided by the company to therapeutic, diagnostic, and academic research sectors through an online platform. Liquid and solid samples, such as plasma, serum, whole blood, urine, cerebrospinal fluid, and FFPE blocks or slides, are made available. Contract research organizations, government agencies, and academic institutions are included among the customers served.
Who are the top competitors of iSpecimen?
iSpecimen's top competitors include AminoChain, GenVault Corporation and Cryoniss.
What products or services does iSpecimen offer?
iSpecimen offers iSpecimen Marketplace, Biofluids Inventory, and Tissue Samples.
Is iSpecimen publicly traded?
Yes, iSpecimen is publicly traded on NASDAQ under the ticker symbol ISPC.
What is iSpecimen's ticker symbol?
The ticker symbol of iSpecimen is ISPC on NASDAQ.
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