About Science Exchange
Science Exchange is a company based in Palo Alto (United States) founded in 2011 by Dan Knox and Elizabeth Iorns was acquired by Waud Capital Partners in September 2024.. Science Exchange has raised $77.62 million across 7 funding rounds from investors including SVB, Lerer Hippeau and Norwest Venture Partners. The company has 39 employees as of December 31, 2022. Science Exchange has completed 2 acquisitions, including HappiLabs and OnDeckBiotech. Science Exchange operates in a competitive market with competitors including Bioz, Naicons, Biorelate, LIFE & BRAIN and Sciformix Corporation, among others.
- Headquarter Palo Alto, United States
- Employees 39 as on 31 Dec, 2022
- Founders Dan Knox, Elizabeth Iorns
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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 Science Exchange
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77.62 M (USD)
in 7 rounds
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Latest Funding Round
$20 M (USD), Series C
Oct 16, 2019
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Investors
SVB
& 21 more
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Employee Count
39
as on Dec 31, 2022
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Investments & Acquisitions
HappiLabs
& 1 more
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Acquired by
Waud Capital Partners
(Sep 30, 2024)
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Funding Insights of Science Exchange
Science Exchange has successfully raised a total of $77.62M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in October 2019. 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 7
- Last Round Series C — $20.0M
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First Round
First Round
(16 Aug 2011)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series C - Science Exchange | Valuation | Norwest Venture Partners , Maverick Ventures | |
| Jun, 2017 | Amount | Series C - Science Exchange | Valuation | Norwest Venture Partners | |
| Mar, 2016 | Amount | Series B - Science Exchange | Valuation | Maverick Ventures |
| 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 Science Exchange
Science Exchange has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Lerer Hippeau and Norwest Venture Partners. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Early-stage tech and life-sciences firms are funded across the US.
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Founded Year | Domain | Location | |
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US focused VC firm
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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 Science Exchange
Science Exchange has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HappiLabs and OnDeckBiotech. 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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Virtual lab management software is provided for finance and operations.
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2012 | ||||
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CRO focused on drug & software development and educational resources on nervous diseases
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2011 |
| 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 - Science Exchange
| 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 |
Science Exchange Comparisons
Competitors of Science Exchange
Science Exchange 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 Bioz, Naicons, Biorelate, LIFE & BRAIN and Sciformix Corporation, 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 |
Developer of AI search engine for scientific experimentation
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| domain | founded_year | HQ Location |
Developer of bioactive compounds for drug-resistant bacterial infections
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| domain | founded_year | HQ Location |
Provider of AI-driven knowledge graph for biomedical target and drug discovery
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| domain | founded_year | HQ Location |
Biomedical and neuroscientific technologies are researched and developed.
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| domain | founded_year | HQ Location |
Scientific process outsourcing is delivered for life sciences firms.
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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 Science Exchange
Frequently Asked Questions about Science Exchange
When was Science Exchange founded?
Science Exchange was founded in 2011.
Where is Science Exchange located?
Science Exchange is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Science Exchange?
Elizabeth Iorns is the current CEO of Science Exchange. They have also founded this company.
Is Science Exchange a funded company?
Science Exchange is a funded company, having raised a total of $77.62M across 7 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Aug 16, 2011.
How many employees does Science Exchange have?
As of Dec 31, 2022, the latest employee count at Science Exchange is 39.
What does Science Exchange do?
Science Exchange was founded in 2011 in Palo Alto, United States, within the scientific research sector. An online marketplace is operated to connect researchers with service providers for outsourced experiments. Administrative tasks such as billing and payments are managed, alongside quality assurance, contract oversight, and dispute resolution. Core operations focus on streamlining research collaborations across global networks.
Who are the top competitors of Science Exchange?
How many acquisitions has Science Exchange made?
Science Exchange has made 2 acquisitions, including HappiLabs, and OnDeckBiotech.
Who are Science Exchange's investors?
Science Exchange has 22 investors. Key investors include SVB, Lerer Hippeau, Norwest Venture Partners, Maverick Ventures, and Windham Capital Partners.