About Opertech Bio
Opertech Bio is a company based in Philadelphia (United States) founded in 2011 by Scott Horvitz and R Kyle Palmer.. Opertech Bio has raised $750 thousand across 2 funding rounds from investors including Ben Franklin Technology Partners and Gabriel Investments. Opertech Bio offers products and services including TāStation®, Fee-for-Service Testing, and Licensing Services. Opertech Bio operates in a competitive market with competitors including AmiNIC and Intelligent Sensor Technology, among others.
- Headquarter Philadelphia, United States
- Founders Scott Horvitz, R Kyle Palmer
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Sectors
ConsumerHealthcare Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Opertech Bio, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$750 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Ben Franklin Technology Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Opertech Bio
Opertech Bio offers a comprehensive portfolio of products and services, including TāStation®, Fee-for-Service Testing, and Licensing Services. 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.
System for rapid and accurate taste analysis of samples
Provides customized taste evaluation for client products
Offers access to taste technology for industry applications
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Funding Insights of Opertech Bio
Opertech Bio has successfully raised a total of $750K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(15 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Seed - Opertech Bio | Valuation | Ben Franklin Technology Partners |
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| Dec, 2014 | Amount | Seed - Opertech Bio | Valuation | Gabriel Investments |
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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 Opertech Bio
Opertech Bio has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners and Gabriel Investments. 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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Technology ecosystem growth is supported in Southeastern Pennsylvania.
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Founded Year | Domain | Location | |
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An investment group focused on early-stage technology companies.
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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 Opertech Bio
| 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 - Opertech Bio
| 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 |
Opertech Bio Comparisons
Competitors of Opertech Bio
Opertech Bio 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 AmiNIC and Intelligent Sensor Technology, 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 |
Sensor devices for assessing meat and fish freshness are produced.
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| domain | founded_year | HQ Location |
Develops taste sensing systems for various applications.
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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 Opertech Bio
When was Opertech Bio founded?
Opertech Bio was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Opertech Bio located?
Opertech Bio is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Opertech Bio?
Scott Horvitz is the current CEO of Opertech Bio. They have also founded this company.
Is Opertech Bio a funded company?
Opertech Bio is a funded company, having raised a total of $750K across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Dec 15, 2014.
What does Opertech Bio do?
Opertech Bio was founded in 2011 in Philadelphia, United States, focusing on sensory evaluation solutions for the food, beverage, and flavor ingredients sectors. The Microtiter Operant Gustometer (MOG) platform is utilized to create the automated TāStation system, which assesses taste characteristics of numerous samples in under an hour. Evaluations are conducted objectively without subjective scales, requiring only 3 to 4 human or animal subjects.
Who are the top competitors of Opertech Bio?
Opertech Bio's top competitors include AmiNIC and Intelligent Sensor Technology.
What products or services does Opertech Bio offer?
Opertech Bio offers TāStation®, Fee-for-Service Testing, and Licensing Services.
Who are Opertech Bio's investors?
Opertech Bio has 2 investors. Key investors include Ben Franklin Technology Partners, and Gabriel Investments.