About Reach Industries
Reach Industries is a company based in Bristol (United Kingdom) founded in 2020 by Chris Beck and Silas Adekunle. Reach Industries has raised $4.4 million across 5 funding rounds from investors including HAX. Reach Industries offers products and services including Lumi. Reach Industries operates in a competitive market with competitors including Komodo Health, Clarify, Elucidata, Panalgo and Reliant AI, among others.
- Headquarter Bristol, United Kingdom
- Founders Chris Beck, Silas Adekunle
- Stage Minicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Reach Industries Limited
- Date of Incorporation 19 Aug, 2019
- Jurisdiction BRISTOL, ENGLAND
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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
$4.4 M (USD)
in 5 rounds
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Latest Funding Round
$350.75 K (USD), Seed
Aug 17, 2023
- Investors
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Employee Count
Not available
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Products & Services of Reach Industries
Reach Industries offers a comprehensive portfolio of products and services, including Lumi.
AI platform that augments human capabilities in scientific research and automation.
People of Reach Industries
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Senior Team
1 people
Leadership Team
1 people
Human Resources and Administration
1 people
Backend Team
1 people
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Funding Insights of Reach Industries
Reach Industries has successfully raised a total of $4.4M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $350.75 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.
Investors in Reach Industries
Reach Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HAX.
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Startups are accelerated via a 111-day program with seed funding.
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Investor details for Reach Industries
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Investments & Acquisitions by Reach Industries
Investment portfolio details for Reach Industries
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Financial Statements - Reach Industries
Detailed financials for Reach Industries
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Reach Industries Comparisons
Peer comparison for Reach Industries
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Competitors of Reach Industries
Reach Industries 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 Komodo Health, Clarify, Elucidata, Panalgo and Reliant AI, among others.
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Data-driven insights are delivered to healthcare via AI platforms.
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Marketing and business consulting services are provided by Clarify.
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Elucidata is focused on AI-powered biomedical data solutions for drug discovery and precision medicine.
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Provider of healthcare analytics software for clinics
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GenAI-powered analytics software is provided for biopharma secondary research.
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Data management is provided for research teams' screening experiments.
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Detailed competitors of Reach Industries
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Latest news on Reach Industries
Complete news archive for Reach Industries
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Frequently Asked Questions about Reach Industries
Reach Industries was founded in 2020.
Reach Industries is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Silas Adekunle is the current CEO of Reach Industries. They have also founded this company.
Reach Industries is a funded company, having raised a total of $4.4M across 5 funding rounds to date.
Provider of data analysis software for life sciences industries. The company offers Lumi which leverages computer vision, voice, and machine learning to capture and analyze operational data for life sciences development, from research to production environments.
Reach Industries's top competitors include Komodo Health, Elucidata and Panalgo.
Reach Industries offers Lumi.
Reach Industries has 1 investor. Key investors include HAX.
The valuation of Reach Industries is $10.48M as of Aug 2023.