About Ovation
Ovation is a company based in Cambridge (United States) founded in 2009. It operates as a Data-as-a-Service and SaaS (Software-as-a-Service). Ovation has raised $33.28 million across 5 funding rounds from investors including SignalFire, Madrona and Borealis Ventures. The company has 35 employees as of December 31, 2022. Ovation offers products and services including Ovation LIMS, Ovation Research Network, and Genomic Data Cohorts. Ovation operates in a competitive market with competitors including Labvantage, Symyx Technologies, Elemental Machines, Genemod and Genologics, among others.
- Headquarter Cambridge, United States
- Employees 35 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Ovation.Io
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$33.28 M (USD)
in 5 rounds
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Latest Funding Round
$21.5 M (USD), Series B
Oct 09, 2020
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Investors
SignalFire
& 6 more
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Employee Count
35
as on Dec 31, 2022
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Products & Services of Ovation
Ovation offers a comprehensive portfolio of products and services, including Ovation LIMS, Ovation Research Network, and Genomic Data Cohorts.
Designed to support molecular diagnostic lab functions efficiently.
Enables labs to mobilize samples for health research.
Provides disease-specific genomic data for drug discovery.
People of Ovation
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Funding Insights of Ovation
Ovation has successfully raised a total of $33.28M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $21.5 million completed in October 2020. 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 Ovation
Ovation has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include SignalFire, Madrona and Borealis Ventures.
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Seed and early-stage startups are funded by SignalFire.
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Venture capital firm investing in seed & series A startups
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Investor details for Ovation
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Investments & Acquisitions by Ovation
Investment portfolio details for Ovation
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Financial Statements - Ovation
Detailed financials for Ovation
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Ovation Comparisons
Peer comparison for Ovation
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Competitors of Ovation
Ovation 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 Labvantage, Symyx Technologies, Elemental Machines, Genemod and Genologics, among others.
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LIMS, Quality ELN and Business Intelligence solutions for laboratory
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Informatics and automation products for research are offered.
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Provider of data driven drug discovery and development platform for various industries
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Provider of cloud-based laboratory management software for research labs
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Digital LIMS tools are developed for laboratory providers.
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Detailed competitors of Ovation
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Latest news on Ovation
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Frequently Asked Questions about Ovation
Ovation was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Ovation is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Ovation is a funded company, having raised a total of $33.28M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Ovation is 35.
High-value genomic and omics data are generated by Ovation.io, linked to longitudinal clinical data, to enhance drug discovery success across therapeutic areas. Solutions for clinical labs, including Ovation LIMS, are offered to optimize molecular diagnostic operations. The Ovation Research Network is established to support labs in mobilizing samples for health research. Disease-specific data cohorts are curated to aid biomarker discovery, target identification, and patient stratification in life sciences.
Ovation's top competitors include KareXpert, Luminate Health and Labvantage.
Ovation offers Ovation LIMS, Ovation Research Network, and Genomic Data Cohorts.
Ovation has 7 investors. Key investors include SignalFire, Madrona, Borealis Ventures, David Shaw, and StageDotO.