Magna Labs

Falls Church, United States Founded: 2020 • Age: 6 yrs
Automated quality assurance for bioinformatics software is specialized in.
Annual revenue $604,676 Latest available
Total funding $150,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Magna Labs

Magna Labs is a company based in Falls Church (United States) founded in 2020 by Gwenn Berry. Magna Labs has raised $150 thousand across 1 funding round from investors including Merck Digital Sciences Studio. Magna Labs offers products and services including Miqa QA Platform and Data Management Services.

  • Headquarter Falls Church, United States
  • Founders Gwenn Berry
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Magna Labs
Operational Areas
Healthcare → Healthcare Education, Research & Associations Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $604.68 K (USD)
    480
    as on Dec 31, 2023
  • Net Profit
    $1.63 M (USD)
    236
    as on Dec 31, 2024
  • EBITDA
    -$1.56 M (USD)
    -53
    as on Dec 31, 2024
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Jan 07, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Magna Labs

Magna Labs offers a comprehensive portfolio of products and services, including Miqa QA Platform and Data Management Services.

Product name locked
Category locked
Primary

QA automation for bioinformatics is provided, including continuous testing, validation, and workflow integration to ensure accuracy in computational biology.

Product name locked
Category locked
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Centralized management of testing data and results is offered, facilitating upload, simulation, curation, and interactive reporting for bioinformatic projects.

Funding Insights of Magna Labs

Magna Labs has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in January 2023. 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 Magna Labs

Magna Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Merck Digital Sciences Studio.

All
Venture Fund
Investor Description Founded Year Domain Location
An accelerator program for digital health startups is operated.
Locked Locked Locked
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Investments & Acquisitions by Magna Labs

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Financial Statements - Magna Labs

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Magna Labs Comparisons

Magna Labs Primary company
Description
Automated quality assurance for bioinformatics software is s...
Location
Falls Church, United States
Founded Year
2020
Annual Revenue
$604.68 K (USD)
Net Profit
$1.63 M (USD)
EBITDA
-$1.56 M (USD)
Employees
Not available
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Peer comparison for Magna Labs

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Competitors of Magna Labs

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Latest news on Magna Labs

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Frequently Asked Questions about Magna Labs

Magna Labs was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Magna Labs is headquartered in Falls Church, United States. It is registered at Falls Church, Virginia, United States.

Gwenn Berry is the current CEO of Magna Labs. They have also founded this company.

Magna Labs is a funded company, having raised a total of $150K across 1 funding round to date.

Annual revenue of Magna Labs is $604.68K as on Dec 31, 2023.

Magna Labs was founded in 2020 and is based in Falls Church, United States. Operations center on software development within the bioinformatics sector. Automated quality assurance tools and solutions are provided to support the construction of bioinformatics software, emphasizing speed, safety, and validated standards. Services are tailored for developers seeking reliable testing frameworks in this field.

Magna Labs offers Miqa QA Platform and Data Management Services.

Magna Labs has 1 investor. Key investors include Merck Digital Sciences Studio.

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