Labvantage

Somerset, United States Founded: 1989 • Age: 37 yrs
LIMS, Quality ELN and Business Intelligence solutions for laboratory
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About Labvantage

Labvantage is a company based in Somerset (United States) founded in 1989.. The company has 405 employees as of April 04, 2024. Labvantage has completed 2 acquisitions, including Sein Infotech and Software Point. Labvantage offers products and services including LIMS, ELN, LES, SDMS, and Analytics. Labvantage operates in a competitive market with competitors including Waters Corporation, Ovation, Labforward, Symyx Technologies and Elemental Machines, among others.

  • Headquarter Somerset, United States
  • Employees 405 as on 04 Apr, 2024
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Labvantage Solutions Private Limited
  • Date of Incorporation 13 Oct, 1999
  • Jurisdiction Kolkata, West Bengal, India
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $4.71 M (USD)
    33.56
    as on Mar 31, 2022
  • Net Profit
    $456.94 K (USD)
    53.19
    as on Mar 31, 2022
  • EBITDA
    $681.1 K (USD)
    33.53
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    405

    as on Apr 04, 2024

  • Investments & Acquisitions
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Products & Services of Labvantage

Labvantage offers a comprehensive portfolio of products and services, including LIMS, ELN, LES, SDMS, and Analytics. 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

System for handling lab information and workflows efficiently.

Tool for digital record-keeping and data documentation.

Platform for tracking and executing lab processes accurately.

Solution for storing and analyzing scientific data sets.

Features for predictive insights from lab data sources.

People of Labvantage
Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Prakash Paharia
Controller
People
Marjut Pokkinen
Managing Director, Nordics
People
Chandrayee Banerjee
Quality Technician
People
Don Dipalma
Director of Quality

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Funding Insights of Labvantage

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Debt – Conventional - Labvantage 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 Labvantage

Labvantage has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Credit Suisse and Bregal Sagemount. 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
Institutional
Investor Description Founded Year Domain Location
Investments are directed toward high-growth startups in multiple sectors.
Founded Year Domain Location
Wealth management, asset management, and investment banking services are offered.
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 Labvantage

Labvantage has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sein Infotech and Software Point. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Enterprise IT solutions and laboratory informatics services are provided globally.
1999
Software solutions for laboratories, biobanking, and healthcare are provided.
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Labvantage

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

Labvantage Comparisons

Employees
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Competitors of Labvantage

Labvantage 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 Waters Corporation, Ovation, Labforward, Symyx Technologies and Elemental Machines, 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
Provider of laboratory management system for researchers and clinicians
domain founded_year HQ Location
Cloud-based platform for laboratory data management and collaboration is provided.
domain founded_year HQ Location
Laboratory collaboration platforms for data, devices, and researchers are provided.
domain founded_year HQ Location
Informatics and automation products for research are offered.
domain founded_year HQ Location
Provider of data driven drug discovery and development platform for various industries
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.

Latest news on Labvantage

Frequently Asked Questions about Labvantage

When was Labvantage founded?

Labvantage was founded in 1989 and raised its 1st funding round 27 years after it was founded.

Where is Labvantage located?

Labvantage is headquartered in Somerset, United States.

How many employees does Labvantage have?

As of Apr 04, 2024, the latest employee count at Labvantage is 405.

What is the annual revenue of Labvantage?

Annual revenue of Labvantage is $4.71M as on Mar 31, 2022.

What does Labvantage do?

LabVantage was established in 1989 in Somerset, United States, within the laboratory software sector. A range of products and services is delivered, encompassing Laboratory Information Management Systems (LIMS), electronic laboratory notebooks (ELN), and business intelligence tools. Operations focus on system migration from legacy setups, harmonization across global laboratories, and data integration from varied sites. Laboratory processes are supported through these technological capabilities.

Who are the top competitors of Labvantage?

Labvantage's top competitors include Ovation, Waters Corporation and Cirdan Imaging.

What products or services does Labvantage offer?

Labvantage offers LIMS, ELN, LES, SDMS, and Analytics.

How many acquisitions has Labvantage made?

Labvantage has made 2 acquisitions, including Sein Infotech, and Software Point.

Who are Labvantage's investors?

Labvantage has 2 investors. Key investors include Credit Suisse, and Bregal Sagemount.

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