About Neogen
Neogen is a company based in Lansing (United States) founded in 1982 was acquired by Kersia in April 2025.. Neogen has raised $700 thousand across 1 funding round from investors including Kersia and Innovative Ventures. The company has 2,970 employees as of May 31, 2024. Neogen has completed 13 acquisitions, including Abtek Biologicals, Adgen and Delf. Neogen offers products and services including AccuPoint®, Petrifilm®, and Igenity®. Neogen operates in a competitive market with competitors including Parse Biosciences, Qiagen, Biofidelity, Fluent BioSciences and LGC, among others.
- Headquarter Lansing, United States
- Employees 2970 as on 31 May, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neogen Corporation
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Annual Revenue
$894.66 M-3.2as on May 31, 2024
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Net Profit
$-1.09 B-11491.59as on May 31, 2024
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EBITDA
$135.09 M-32as on May 31, 2024
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Total Equity Funding
$700 K (USD)
in 1 rounds
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Latest Funding Round
$700 K (USD), Series A
Jul 01, 1988
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Investors
Kersia
& 1 more
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Employee Count
2970
as on May 31, 2024
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Investments & Acquisitions
Abtek Biologicals
& 12 more
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Acquired by
Kersia
(Apr 23, 2025)
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IPO & Listings of Neogen
Neogen is a publicly listed company on the NASDAQ with ticker symbol NEOG in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Neogen
Neogen offers a comprehensive portfolio of products and services, including AccuPoint®, Petrifilm®, and Igenity®. 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.
ATP detection swab for surface hygiene testing
Plates for rapid bacterial enumeration in food samples
Genomic profiles for livestock genetic trait analysis
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Leadership Team
25 people
Software Development Team
18 people
Sales and Marketing
12 people
Operations Team
10 people
Product Management Team
10 people
Senior Team
7 people
Legal and Compliance
7 people
Finance and Accounting
6 people
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Funding Insights of Neogen
Neogen has successfully raised a total of $700K through 1 strategic funding round. The most recent funding activity was a Series A round of $700 thousand completed in July 1988. 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 1
- Last Round Series A — $700,000
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First Round
First Round
(01 Jul 1988)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 1988 | Amount | Series A - Neogen | Valuation | Innovative Ventures |
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| 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 Neogen
Neogen has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Kersia and Innovative Ventures. 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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Founded Year | Domain | Location | |
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Provider of food safety testing services
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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 Neogen
Neogen has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Abtek Biologicals, Adgen and Delf. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Genomics services are provided for the livestock industry.
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2011 | ||||
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Genetic evaluations and data management services for livestock are offered.
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2011 | ||||
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Animal genomics laboratory services are provided worldwide.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Neogen
| 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 |
Neogen Comparisons
Competitors of Neogen
Neogen 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 Parse Biosciences, Qiagen, Biofidelity, Fluent BioSciences and LGC, 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 |
RNA-sequencing transcriptome kits for health data analysis are developed.
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| domain | founded_year | HQ Location |
Products and reagents for molecular diagnostic assays are supplied.
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| domain | founded_year | HQ Location |
Molecular diagnostic assays are developed for target DNA sequence detection.
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| domain | founded_year | HQ Location |
Proprietary reagents for single-cell genetic analysis are developed.
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| domain | founded_year | HQ Location |
Molecular biology reagents and services are supplied to biotech industries.
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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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Latest news on Neogen
Frequently Asked Questions about Neogen
When was Neogen founded?
Neogen was founded in 1982 and raised its 1st funding round 6 years after it was founded.
Where is Neogen located?
Neogen is headquartered in Lansing, United States. It is registered at Lansing, Michigan, United States.
Is Neogen a funded company?
Neogen is a funded company, having raised a total of $700K across 1 funding round to date. The company's 1st funding round was a Series A of $700K, raised on Jul 01, 1988.
How many employees does Neogen have?
As of May 31, 2024, the latest employee count at Neogen is 2,970.
What is the annual revenue of Neogen?
Annual revenue of Neogen is $894.66M as on May 31, 2024.
What does Neogen do?
Neogen was founded in 1982 in Lansing, United States, and operates in the biotechnology sector focused on food and animal safety. Dehydrated culture media and diagnostic kits are produced by the Food Safety Division for detecting foodborne bacteria, natural toxins, genetic modifications, allergens, drug residues, plant diseases, and sanitation issues. The Animal Safety Division provides diagnostics, veterinary instruments, pharmaceuticals, nutritional supplements, disinfectants, and rodenticides.
Who are the top competitors of Neogen?
Neogen's top competitors include Qiagen, Paragon Genomics and Parse Biosciences.
What products or services does Neogen offer?
Neogen offers AccuPoint®, Petrifilm®, and Igenity®.
Is Neogen publicly traded?
Yes, Neogen is publicly traded on NASDAQ under the ticker symbol NEOG.
How many acquisitions has Neogen made?
Neogen has made 13 acquisitions, including Abtek Biologicals, Adgen, and Delf.
Who are Neogen's investors?
Neogen has 2 investors. Key investors include Kersia, and Innovative Ventures.
What is Neogen's ticker symbol?
The ticker symbol of Neogen is NEOG on NASDAQ.
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