About Lathian Systems
Lathian Systems is a company based in Plymouth Meeting (United States) founded in 2000 was acquired by D & R Communications in February 2012.. Lathian Systems has raised $14 million across 2 funding rounds from investors including Credit Suisse, HWVP and D & R Communications. Lathian Systems operates in a competitive market with competitors including ACTO, Digital Pharmacist, IMS Health, Axtria and Evariant, among others.
- Headquarter Plymouth Meeting, United States
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series B
Feb 26, 2001
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Investors
Credit Suisse
& 2 more
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Employee Count
Employee Count
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Acquired by
D & R Communications
(Feb 01, 2012)
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Funding Insights of Lathian Systems
Lathian Systems has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $9 million completed in February 2001. 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 — $9.0M
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First Round
First Round
(15 May 2000)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2001 | Amount | Series B - Lathian Systems | Valuation |
investors |
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| May, 2000 | Amount | Series A - Lathian Systems | Valuation |
investors |
| 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 Lathian Systems
Lathian Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Credit Suisse, HWVP and D & R Communications. 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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Early-stage US tech startups are invested in by HWVP.
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Founded Year | Domain | Location | |
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Wealth management, asset management, and investment banking services are offered.
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Founded Year | Domain | Location | |
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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 Lathian Systems
| 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 - Lathian 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 |
Lathian Systems Comparisons
Competitors of Lathian Systems
Lathian 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 ACTO, Digital Pharmacist, IMS Health, Axtria and Evariant, 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 |
AI and SaaS-based educational platform for life sciences is provided.
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| domain | founded_year | HQ Location |
Platform offering CRM software for pharmacies
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| domain | founded_year | HQ Location |
SaaS and AI-based market intelligence is provided for healthcare companies.
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| domain | founded_year | HQ Location |
Data analytics and AI solutions are provided for life sciences.
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| domain | founded_year | HQ Location |
Provides platform for digital marketing solutions
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| domain | founded_year | HQ Location |
Web-based software for long term care, senior living, and assisted living
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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 Lathian Systems
When was Lathian Systems founded?
Lathian Systems was founded in 2000.
Where is Lathian Systems located?
Lathian Systems is headquartered in Plymouth Meeting, United States. It is registered at Plymouth Meeting, Pennsylvania, United States.
Is Lathian Systems a funded company?
Lathian Systems is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 15, 2000.
What does Lathian Systems do?
Lathian Systems, formerly known as MyDrugRep.com, is a provider of online solutions for relationship marketing for pharmaceutical and biotech companies. Investors in the company include New Leaf Venture Partners and Hummer Winblad Venture Partners (HWVP). In 2012, the company was acquired by DR Communications and rebranded as DR Lathian.
Who are the top competitors of Lathian Systems?
Lathian Systems's top competitors include Axtria, ACTO and Digital Pharmacist.
Who are Lathian Systems's investors?
Lathian Systems has 3 investors. Key investors include Credit Suisse, HWVP, and D & R Communications.
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