LabConnect

Johnson City, United States Founded: 2002 • Age: 24 yrs
Laboratory testing, clinical trial research, and biopharma services are provided.

About LabConnect

LabConnect is a Healthcare company based in Johnson City (United States) founded in 2002. Laboratory testing, clinical trial research, and biopharma services are provided. LabConnect has raised $28.5 million across 4 funding rounds from investors including Broadoak Capital Partners, ABS Capital and CYWP Fund. LabConnect has completed 2 acquisitions, including A4PBio and Cryo Store. Its chief executive, as recorded, is Tom Sellig. LabConnect offers products and services including Central Lab Services, Lab Kit Production, Sample Management, Data Management, and Logistics. Its focus areas include Biopharma Outsourcing, Diversified and Small Molecules & Peptides. Its competitors include Pfizer, Matchpoint Therapeutics and Ainos; 2 of its 3 listed competitors have raised funding.

Company details

LabConnect was founded in 2002 and is headquartered in Johnson City, United States. Operations focus on the biopharmaceutical sector, where laboratory testing services are delivered alongside clinical trial research support. Functional services for biopharma clients are also managed, encompassing specimen management and logistics. These activities are conducted to facilitate research and development in healthcare and life sciences.

  • Headquarters Johnson City, United States
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
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  • Phone
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  • Website labconnect.com
  • Social LinkedIn X Facebook YouTube
Key Metrics
  • Total Equity Funding
    $28.5M (USD)

    in 4 rounds

  • Latest Funding Round
    $24.5M (USD), Series A

    Jun 2017

  • Investors
  • Investments & Acquisitions
    A4PBio

    & 1 more

Products & Services of LabConnect

LabConnect offers a comprehensive portfolio of products and services, including Central Lab Services, Lab Kit Production, Sample Management, Data Management, and Logistics.

Central Lab Services
Laboratory Services

Manages testing and processing for clinical trials

Lab Kit Production
Supply Chain

Produces and assembles kits for sample collection

Sample Management
Logistics

Handles storage and tracking of clinical samples

Data Management
Information Services

Integrates and ensures accuracy of trial data

Logistics
Transportation

Provides sample shipping and tracking services

Biorepository
Storage Services

Offers secure storage for biological samples

FSP Solutions
Consulting

Delivers scientific project management expertise

Apps and channels of LabConnect

its YouTube channel LabConnect has 102 subscribers and 26 videos.

LabConnect
YouTube 102 subscribers 26 videos Science & Technology
Open channel

Videos from LabConnect

The most watched videos on LabConnect's YouTube channel, LabConnect (102 subscribers). Click a video to play it here.

Leading the Evolution of the Central Laboratory Industry
3.3K views
SampleGISTICS Video
1.3K views
LabConnect's Clinical Trial Kits Facility
1.2K views
SciOps Video
1.1K views

More on LabConnect.

Funding Insights of LabConnect

LabConnect has successfully raised a total of $28.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $24.5 million completed in June 2017. 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 $28.5M
  • Total Rounds 4
  • Last Round Series A β€” $24.5M
  • First Round $697,000

    (Jan 2006)

  • Investors Count 3

All 4 funding rounds of LabConnect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$24.5MSeries A–ABS Capital, Broadoak Capital Partners
–
Mar 2016Private Equity Round–CYwP Funds
–
Mar 2016$4MSeries A–Broadoak Capital Partners
–
Jan 2006$697,000Debt – Convertible––
–
Valuation history

3 investors in total: 3 institutional.

Investors in LabConnect

LabConnect has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Broadoak Capital Partners, ABS Capital and CYWP Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
abscapital.com
Flexible growth capital is provided by CYWP Fund.
cywpfund.com
Investment banking services are offered in the United States.
2006broadoak.comBethesda, United States
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Investor details for LabConnect

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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People of LabConnect

97 people are tracked at LabConnect (29 in leadership, 68 in team).

NameRoleGroup
Tom Sellig
CEOLeadership
Aaron Fellers Cssbb
Lean Six Sigma DirectorLeadership
Jeff Mayhew
Chief Development OfficerLeadership
Dennis Schonbachler
COOLeadership
Daniel Kevin Harris
Director Of Enterprise Software DevelopmentLeadership
Joe Marino
Vice President, Scientific ServicesLeadership
Andre Merza
Vice President, Quality And Regulatory / Data Privacy OfficerLeadership
Alberta Daggett
Executive Director Business Development ManagementLeadership
Robin G.
Finance Director EMEALeadership
April P.
Sr. Director, Site OperationsLeadership
Morgan Berg
Director Of Business DevelopmentLeadership
Dale Mitchell
Chief Information OfficerLeadership
Jake Lachewitz
Executive Director, Strategic Solutions & EnablementLeadership
Jon Luke
Executive Director, Business DevelopmentLeadership
Michael Ragazzo
Senior Director FinanceLeadership
Lannette Helton
Vice President, AccountingLeadership
Michael Lalor
Interim Chief Financial Officer / Vice President, FinanceLeadership
Alexandria Wood
Director Commercial FinanceLeadership
Kristine Kuryla
Vice President, Customer ExperienceLeadership
Lisa Rehberger
Vice President, Business OperationsLeadership

77 more people are available in the full profile.

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Complete people profiles for LabConnect

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  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by LabConnect

LabConnect has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include A4PBio and Cryo Store.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of bioanalytical services and bio-logistics solutions for drug discovery and regulatory compliance
a4pbio.comSandwich, United Kingdom2011Apr 2024β€’β€’β€’β€’
Tools for biostorage
cryostore.comJoure, Netherlands1999Jul 2022β€’β€’β€’β€’
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Complete acquisition details for LabConnect

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of LabConnect

5 dated milestones of LabConnect across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded LabConnect is founded.
  2. Funding First funding round of $697K.
  3. Funding Latest funding round, Series A, of $24.5M.
  4. Acquisition Acquires Cryo Store.
  5. Acquisition Acquires A4PBio.

Competitors of LabConnect

LabConnect has 3 listed competitors in our database, 2 of them funded. They include Pfizer, Matchpoint Therapeutics and Ainos.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pfizer.com1849New York, United States$8M
Pharmaceutical products for treating multiple diseases are provided.
matchpointtx.com2021Cambridge, United States$100M27
Small molecule medicine development and analytics services are provided.
ainos.com1986San Diego, United States43
Novel point-of-care testing and low-dose interferon therapeutics are developed.
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Detailed competitors of LabConnect

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of LabConnect

The website of LabConnect (labconnect.com) receives about 6.4K visits a month and ranks #2,163,532 among all websites worldwide, #2,940 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    6.4K

    ▼ 42.7% vs previous month

  • Unique visitors
    5K

    per month

  • Global rank
    #2,163,532

    among all websites

  • Category rank
    #2,940

    Health · Biotechnology and Pharmaceuticals

Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as LabConnect (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Suite solutions are provided for payers and healthcare providers.
1998Princeton, New Jersey, United StatesUSD 220 MUSD 374.1 M5,666
Wearable insulin infusion systems are developed for diabetes patients.
2000Boston, Massachusetts, United StatesUSD 120.4 MUSD 2.71 B3,900
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Labconnect

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Complete news archive for LabConnect

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about LabConnect

LabConnect was founded in 2002 and raised its 1st funding round 4 years after it was founded.

LabConnect is headquartered in Johnson City, United States. It is registered at Johnson City, Tennessee, United States.

Tom Sellig is the CEO of LabConnect, as recorded in our data.

LabConnect is a funded company, having raised a total of $28.5M across 4 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $697K, raised on Jan 2006.

LabConnect was founded in 2002 and is headquartered in Johnson City, United States. Operations focus on the biopharmaceutical sector, where laboratory testing services are delivered alongside clinical trial research support. Functional services for biopharma clients are also managed, encompassing specimen management and logistics. These activities are conducted to facilitate research and development in healthcare and life sciences.

LabConnect's top competitors include Pfizer, Matchpoint Therapeutics and Ainos.

LabConnect offers Central Lab Services, Lab Kit Production, Sample Management, Data Management, and 3 more products and services.

LabConnect has made 2 acquisitions, including A4PBio, and Cryo Store.

LabConnect has 3 investors. Key investors include Broadoak Capital Partners, ABS Capital, and CYWP Fund.

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