About Scispot
Scispot is a company based in Kitchener (Canada) founded in 2020 by Guru Singh.. Scispot has raised $125 thousand across 1 funding round from investors including Y Combinator. Scispot offers products and services including LabOS, GLUE Toolkit, alt-ELN, alt-LIMS, and alt-LIS. Scispot operates in a competitive market with competitors including Benchling, Seqera Labs, Curoverse, Catalytic DS and eLabNext, among others.
- Headquarter Kitchener, Canada
- Founders Guru Singh
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Sep 01, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Scispot
Scispot offers a comprehensive portfolio of products and services, including LabOS, GLUE Toolkit, alt-ELN, alt-LIMS, and alt-LIS. 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.
Unified platform for data and workflow automation in labs
Links apps and instruments for data harmonization and connectivity
Flexible notebook for documenting wet and dry lab experiments
Configurable system for sample tracking and lab management
System for diagnostics and sample processing in labs
Tool for compliance and quality control in lab operations
Staging system for secure lab data storage and analysis
AI tool for lab data search and workflow recommendations
Funding Insights of Scispot
Scispot has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in September 2021. 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 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - Scispot | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Scispot
Scispot has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Scispot
| 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 - Scispot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Scispot Comparisons
Competitors of Scispot
Scispot 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 Benchling, Seqera Labs, Curoverse, Catalytic DS and eLabNext, 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 |
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Cloud-based bioinformatics platform is offered for biotech research.
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Bioinformatics platform for data analysis and workflow management is provided.
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Genomic and biomedical Big Data infrastructure is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for R&D workflow management is offered.
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| domain | founded_year | HQ Location |
Solutions for laboratory management workflows are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scispot
Frequently Asked Questions about Scispot
When was Scispot founded?
Scispot was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Scispot located?
Scispot is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Who is the current CEO of Scispot?
Guru Singh is the current CEO of Scispot. They have also founded this company.
Is Scispot a funded company?
Scispot is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Sep 01, 2021.
What does Scispot do?
Scispot was founded in 2020 and is headquartered in Kitchener, Canada. A cloud-based platform is offered for managing laboratory data and workflows within the biotech sector. Tools are included for experiment design, automation, sample tracking, and inventory management. Integration with instruments and applications is supported to enable data exchange and collaboration. Various laboratory processes, such as compliance and reporting, are facilitated by the platform.
Who are the top competitors of Scispot?
Scispot's top competitors include Benchling, Curoverse and Seqera Labs.
What products or services does Scispot offer?
Scispot offers LabOS, GLUE Toolkit, alt-ELN, alt-LIMS, and 4 more products and services.
Who are Scispot's investors?
Scispot has 1 investor. Key investors include Y Combinator.
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