LabConnect

Johnson City, United States Founded: 2002 • Age: 24 yrs
Laboratory testing, clinical trial research, and biopharma services are provided.
Annual revenue - Latest available
Total funding $28.5M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 7 Services tracked
Competitors 9 Brand Intelligence

About LabConnect

LabConnect is a company based in Johnson City (United States) founded in 2002. 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. LabConnect offers products and services including Central Lab Services, Lab Kit Production, Sample Management, Data Management, and Logistics. LabConnect operates in a competitive market with competitors including Pharmaron, Pfizer, Boehringer Ingelheim, Lonza and Dotmatics, among others.

  • Headquarter Johnson City, United States
  • Sectors
    Healthcare
  • Email
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Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.5 M (USD)

    in 4 rounds

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

    Jun 13, 2017

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    A4PBio

    & 1 more

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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.

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Primary

Manages testing and processing for clinical trials

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Produces and assembles kits for sample collection

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Handles storage and tracking of clinical samples

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Integrates and ensures accuracy of trial data

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Provides sample shipping and tracking services

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Offers secure storage for biological samples

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Delivers scientific project management expertise

People of LabConnect

Headcount 200-500
Employee Profiles 96
Employee Profiles
People
Aaron Fellers Cssbb
Lean Six Sigma Director
People
Michael Montague
Sr Manager, Operations Finance
People
Jeff Mayhew
Chief Development Officer
People
Victoria Meitzler
Data Manager

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Flexible growth capital is provided by CYWP Fund.
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Investment banking services are offered in the United States.
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Investor details for LabConnect

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by LabConnect

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

Investments
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Investment portfolio details for LabConnect

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of bioanalytical services and bio-logistics solutions for drug discovery and regulatory compliance
Locked Locked 2011 Locked
Tools for biostorage
Locked Locked 1999 Locked
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Complete acquisition details for LabConnect

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - LabConnect

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Detailed financials for LabConnect

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  • Profit trends
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Labconnect Comparisons

LabConnect Primary company
Description
Laboratory testing, clinical trial research, and biopharma s...
Location
Johnson City, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LabConnect

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Competitors of LabConnect

LabConnect 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 Pharmaron, Pfizer, Boehringer Ingelheim, Lonza and Dotmatics, among others.

Company Name Domain Founded year HQ Location Description
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Drug discovery and development services for small molecules are provided.
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Pharmaceutical products for treating multiple diseases are provided.
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Generic drugs and clinical research services are provided globally.
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CDMO services for pharma, biotech, and specialty ingredients are provided.
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AI powered scientific data management and workflow automation solutions
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Detailed competitors of LabConnect

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Labconnect

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Complete news archive for LabConnect

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  • 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 current CEO of LabConnect.

LabConnect is a funded company, having raised a total of $28.5M across 4 funding rounds to date.

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 Pharmaron, Pfizer and Lonza.

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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