Nortis

Woodinville, United States Founded: 2007 • Age: 19 yrs Acquired By Quris
Small human tissue segments are generated in microfluidic chips.

About Nortis

Nortis is a company based in Woodinville (United States) founded in 2007 was acquired by Quris in October 2024. Nortis has raised $10.66 million across 21 funding rounds from investors including HHS and Quris Ai. The company has 19 employees. Nortis operates in a competitive market with competitors including Emulate, CN Bio, AxoSim, Mimetas and Obatala Sciences, among others.

  • Headquarter Woodinville, United States
  • Employees 19
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website nortisbio.com
  • Social LinkedIn X
  • Acquired by Quris (Oct 2024)
  • Legal Name Nortis Inc
Key Metrics
  • Total Equity Funding
    $10.66M (USD)

    in 21 rounds

  • Latest Funding Round
    $275.45K (USD), Grant

    Aug 2023

  • Investors
    HHS

    & 1 more

  • Employee Count
    19
  • Acquired by
    Quris

    (Oct 2024)

Funding Insights of Nortis

Nortis has successfully raised a total of $10.66M across 21 strategic funding rounds. The most recent funding activity was a Grant round of $275.45 thousand completed in August 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.

  • Total Funding $10.66M
  • Total Rounds 21
  • Last Round Grant β€” $275,453
  • First Round $150,000

    (Oct 2007)

  • Investors Count 1

Latest 10 of 21 funding rounds of Nortis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2023$275,453Grant––
Aug 2022$6MSeries A––
–
Jun 2021$1.5MSeed––
–
Jun 2021$1MDebt – Conventional––
–
May 2021$1.36MGrant––
Sep 2019$300,000Grant––
Sep 2019$2.64MGrant––
Jul 2017$323,200Seed––
–
Jun 2017$12,500Seed––
–
Sep 2015$1.61MGrant––
Valuation history

2 investors in total: 2 institutional.

Investors in Nortis

Nortis has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Quris Ai.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov-
AI-based drug candidate predicting tool for healthcare professionals
2020quris.ai-
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Investor details for Nortis

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People of Nortis

7 people are tracked at Nortis (4 in leadership, 3 in team); the tracked headcount is 19.

NameRoleGroup
John Williford
Director of Biomanufacturing and Contract ResearchLeadership
Sepand Bafti
Director of Biological ScienceLeadership
Stacy Martin
Scientific Project DirectorLeadership
Thomas Neumann
Chief Scientific OfficerLeadership
Ryan LaRock
Production And Inventory Control ManagerTeam
Samantha Kuhn-Arnold
Research TechnicianTeam
Rebecca K Booth
Research Technician & Lab ManagerTeam
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Complete people profiles for Nortis

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Timeline of Nortis

4 dated milestones of Nortis across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nortis is founded.
  2. Funding First funding round of $150K.
  3. Funding Latest funding round, Grant, of $275K.
  4. Exit Acquired by Quris.

Competitors of Nortis

Nortis 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 Emulate, CN Bio, AxoSim, Mimetas and Obatala Sciences, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
emulatebio.com2013Boston, United States$204.49M93
Developer of in vitro models for drug development
cn-bio.com2009Cambridge, United Kingdom$44.78M33
Organ-on-a-chip platforms are developed for drug discovery applications.
axosim.com2014New Orleans, United States$6.78M27
Nerve-on-a-chip technology is advanced by AxoSim for drug development improvement.
mimetas.com2013Leiden, Netherlands$28.9M–
Microfluidics-based organ-on-a-chip models for drug evaluation are developed.
obatalasciences.com2017New Orleans, United States$3.54M10
Provider of research enabling products and services to research centers
netri.com2018Lyon, France$8.89M–
Microfluidic devices are developed for industrial applications and brain-on-a-chip models.
mepsgen.com2019Seoul, South Korea$29.26M–
Developer of human organ model chips for pharmaceutical development
hesperosinc.com2015Orlando, United States–15
Organ-on-a-chip solutions for preclinical testing are developed.
tissuse.com2010Berlin, Germany–31
Multi-organ chip platform for tissue culture is developed.
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Detailed competitors of Nortis

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  • Operating metrics
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Latest news on Nortis

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Complete news archive for Nortis

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Similar companies to Nortis

10 companies that operate in the same segment as Nortis (Life Sciences Platforms & Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M––
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B––
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.3 BUSD 301.49 M1,480
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Biological reagents and antibodies are developed for life science research.
1998Cambridge, Cambridgeshire, United KingdomUSD 78.8 M––
Electron microscopy services and microanalysis instruments are provided.
1956Waltham, Massachusetts, United States–USD 44.56 B125,000
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
A platform for sharing and accessing academic research papers is provided.
2008San Francisco, California, United StatesUSD 58.4 M––
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
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Frequently Asked Questions about Nortis

Nortis was founded in 2007.

Nortis is headquartered in Woodinville, United States. It is registered at Woodinville, Washington, United States.

Nortis is a funded company, having raised a total of $10.66M across 21 funding rounds to date. The company's 1st funding round was a Grant of $1.61M, raised on Oct 2007.

Nortis has 19 employees.

Nortis was founded in 2007 in Woodinville, United States, within the biotechnology sector. A platform is developed for creating small segments of human tissues and organs using microfluidic chips. The ParVivoTM system is offered as a pre-seeded chip platform, enabling microphysiological environments for in vitro biomedical research and drug discovery applications. Operations focus on supporting research and development in these areas.

Nortis's top competitors include Emulate, CN Bio and NETRI.

Nortis has 2 investors. Key investors include HHS, and Quris Ai.

Nortis operates through Nortis Inc.

Yes. Nortis was acquired by Quris in October 2024.

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