About Transcriptic
Transcriptic is a company based in Menlo Park (United States) founded in 2012.. Transcriptic has raised $27.7 million across 5 funding rounds from investors including SVB, WuXi AppTec and Digital Science. The company has 107 employees as of December 31, 2022. Transcriptic offers products and services including Cloud Lab Platform, Assay Onboarding, Automation Services, and High Content Imaging. Transcriptic operates in a competitive market with competitors including Opentrons, Andrew Alliance, Reshape Biotech, MEGAROBO and Automata, among others.
- Headquarter Menlo Park, United States
- Employees 107 as on 31 Dec, 2022
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Transcriptic, 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
$27.7 M (USD)
in 5 rounds
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Latest Funding Round
$13.4 M (USD), Series A
Nov 17, 2016
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Investors
SVB
& 12 more
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Employee Count
107
as on Dec 31, 2022
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Products & Services of Transcriptic
Transcriptic offers a comprehensive portfolio of products and services, including Cloud Lab Platform, Assay Onboarding, Automation Services, and High Content Imaging. 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.
Platform for remote control of experiments in drug discovery
Development of assays for high-throughput testing in biotechnology
Miniaturization and automation for efficient scientific workflows
Tools for advanced imaging in tissue and cell analysis
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Funding Insights of Transcriptic
Transcriptic has successfully raised a total of $27.7M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $13.4 million completed in November 2016. 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 5
- Last Round Series A — $13.4M
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First Round
First Round
(13 Dec 2012)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - Transcriptic | Valuation | DCVC | |
| Feb, 2015 | Amount | Series A - Transcriptic | Valuation | DCVC | |
| Jul, 2014 | Amount | Series A - Transcriptic | Valuation |
investors |
| 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 Transcriptic
Transcriptic has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, WuXi AppTec and Digital Science. 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 firm focused on multiple sectors
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Founded Year | Domain | Location | |
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location | |
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Seed and early-stage venture capital firm focusing on investments in technology and fintech 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 Transcriptic
| 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 - Transcriptic
| 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 |
Transcriptic Comparisons
Competitors of Transcriptic
Transcriptic 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 Opentrons, Andrew Alliance, Reshape Biotech, MEGAROBO and Automata, 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 |
Pipetting robots for laboratory automation are developed.
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| domain | founded_year | HQ Location |
Provider of automated liquid handling tools and software for scientific labs
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| domain | founded_year | HQ Location |
Scalable robotic platforms are provided for microbiology lab automation.
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| domain | founded_year | HQ Location |
Robotic solutions for industrial laboratory automation are provided by MEGAROBO.
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| domain | founded_year | HQ Location |
Lab automation robots are provided for life sciences applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Transcriptic
Frequently Asked Questions about Transcriptic
When was Transcriptic founded?
Transcriptic was founded in 2012.
Where is Transcriptic located?
Transcriptic is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is Transcriptic a funded company?
Transcriptic is a funded company, having raised a total of $27.7M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Dec 13, 2012.
How many employees does Transcriptic have?
As of Dec 31, 2022, the latest employee count at Transcriptic is 107.
What does Transcriptic do?
Founded in 2012 and based in Menlo Park, United States, Transcriptic operates in the biotechnology sector. A cloud-based platform enables remote execution of user-designed experiments through an automated robotic system known as Workcells. Integrated LIMS software is utilized to track all procedural steps, supporting scalability and minimizing errors in molecular biology workflows.
Who are the top competitors of Transcriptic?
Transcriptic's top competitors include Opentrons, Andrew Alliance and Automata.
What products or services does Transcriptic offer?
Transcriptic offers Cloud Lab Platform, Assay Onboarding, Automation Services, and High Content Imaging.
Who are Transcriptic's investors?
Transcriptic has 13 investors. Key investors include SVB, WuXi AppTec, Digital Science, DCVC, and AME Cloud Ventures.
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